Final answer:
Outbound logistics is the value chain activity that arranges the delivery of products to customers. It involves warehousing, order fulfillment, and shipment scheduling, as opposed to inbound logistics which handles raw material receipt and storage.
Step-by-step explanation:
In value chain analysis, the activity of arranging the delivery of products to customers is called outbound logistics. This component of the value chain involves everything required to get the finished product to the customers, including warehousing, order fulfillment, choosing carriers, shipment scheduling, and order processing. By contrast, inbound logistics deals with the receipt and warehousing of raw materials, and their distribution to manufacturing as they are required.