LOGISTIC MANAGEMENT

Requirement planning

1.) This activity is a “thought piece.” Since logistics management is such an important part of the supply chain, do you believe it is given enough emphasis? For example, do you believe that capable people are encouraged to consider a career in logistics management?

2.) Compare and contrast distribution requirements planning (DRP) with material requirements planning (MRP). How are they similar and how are they different? Also, what types of firms do you think can benefit the most from implementing DRP?

Answer preview

Logistics management is a component of supply chain management used to encounter customer needs (Buurman, 2002). Therefore, by observing industry standards and client needs, logistics management simplifies strategy progression, preparation, and execution of processes which helps the organization improve customer service and reduce the expenses. I believe logistics management is given enough emphasis because customer needs have to be met and satisfied in all occasions, which is achievable with the help of logistics management. Transportation management systems in logistics management systems have been improved to help analyze historical data and…