Question

Which of the following involves planning, implementing, and controlling the efficient and effective flow and storage of products and information from the point of origin to consumption to meet customers' needs and wants?

a. physical distribution
b. logistics management
c. supply-chain management
d. supply management
e. operations management

Answer 1

The answer is option (B) logistics management.

Step-by-step explanation:

Logistics management is a business term that describes the process of organizing the flow of product, information and resources from a starting point to the endpoint in order to meet or fulfill customers expectations.

In other words, logistics management is all about processes involved in the acquisition, storage, management and transportation of products, information and resources to their final destinations from the point of origin (starting point).

Answer 2

B) Logistics Management.

Step-by-step explanation:

Logistics Management is a component of the supply chain management that is efficient when used to meet the demands of a consumer through planning, controlling and implementing of effective movements and storing of relative information and goods and services from the origin to the point of consumption, its destination. Logistics management aids firms to reduce expenses and improves their serviced to customers. Through obeying customer needs, wants and standards, logistics management facilitates process strategy, planning and implementation.