Quick Response Logistics

Released on by Caroline Mutuku
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  • Quick Response Logistics Book Detail

  • Author : Caroline Mutuku
  • Release Date : 2018-05-09
  • Publisher : GRIN Verlag
  • Genre : Business & Economics
  • Pages : 12
  • ISBN 13 : 3668699933
  • File Size : 13,13 MB
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Quick Response Logistics by Caroline Mutuku PDF Summary

Book Description: Seminar paper from the year 2018 in the subject Business economics - Supply, Production, Logistics, grade: 1.6, , language: English, abstract: Quick Response Logistics is one of the most debated topics in logistics studies over the years because of its increasing role in reducing operational expenses. It is a supply chain management strategy that has been used by manufacturers, soft lines retailers, and general merchandise to minimize operating expenses, forced markdowns, and retail out-of-stocks all achieved by reduced response time. Most of the retailers and suppliers work together to respond quickly to the consumers needs as they are able to share point-of-scale scan data thus in a potential point to forecast the needs of their consumers now and in the future and more rapidly. Quick Response Logistics has proven advantageous in most of the industries across the globe for instance, in the apparel industries because they are able to achieve efficient consumer response. The concept of quick response logistics integrates inventory deployment, production scheduling, and demand management thus helping firms to make better use of the available information, inventory, and production resources for competitive advantage.

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Quick Response Logistics

Quick Response Logistics

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Seminar paper from the year 2018 in the subject Business economics - Supply, Production, Logistics, grade: 1.6, , language: English, abstract: Quick Response Lo

Quick Response

Quick Response

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The gap between demand for consumer goods and their efficient supply is greater now than at any other time, and is widening as consumers' wants become less pred

Quick Response in the Supply Chain

Quick Response in the Supply Chain

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Successful supply chain management is a source of competitive advantage in today's dynamic business environment. Relevant issues both at the strategic and opera