Delivering the right product in the right quantity, condition, place, and time, at the right cost defines the ultimate goal of which function?
Answer
Logistics
Achieving the delivery of the right product, in the correct quantity, condition, location, and timeframe, while minimizing cost, is identified as the ultimate goal that the logistics function helps achieve through interaction with all parts of the supply chain.
Related Questions
What is the projected annual job growth outlook for logistics professionals according to the Bureau of Labor Statistics?Which entry-level role is fundamentally responsible for the physical tasks such as picking, packing, and loading products?What key distinction separates the primary focus of a Logistics Engineer from a Logistics Analyst?The Fleet Manager's responsibilities are centered entirely on which assets?How is the role of a typical Logistics Manager often described in terms of organizational scope?Which specialized operational role focuses on navigating regulatory complexities and working with customs brokers for cross-border trade?What type of duties primarily define the role of a Logistics Assistant?What level of responsibility characterizes the Director of Logistics role compared to a Senior Logistics Manager?Delivering the right product in the right quantity, condition, place, and time, at the right cost defines the ultimate goal of which function?Which two roles are suggested as providing the best path for technical development and career momentum due to sitting at the intersection of analysis and operations?Which two entry or mid-level roles are noted as frequently being among the hardest for companies to fill?