1. “Logistics is the function that is responsible for the flow of materials into, through and out of an organisation”. Elaborate? Take the case of a Restaurant. Describe the input process and output of materials from the Logistics point of view.
2. Why is it important for a firm to periodically review its logistics network design? How do a firm’s requirements for its logistics network change over time.
3. How can firms cope with huge variability in customer demand? Discuss the impact of lead time variability on inventory levels.
4. Discuss the trade-off between the product quality and price in traditional and on-line retailing.
5. What is the impact of web service technology on supply chain management? Specifically, how can a third-party logistics provider use this technology to either improve services or provide new services?