What is the progression of merchandise from creation to utilization is known as.
a. Inbound logistics
b. Reverse logistics
c. Process logistics
d. Outbound logistics
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Option (D) Outbound logistics is the progression of merchandise from creation to utilization
Explanation:
- The only production of units are not enough, but it should reach to the consumers at the right place and right time.
- Outbound logistics mainly focus on demand and supply side of the equation.
- All the middle man such as distributors, wholesalers, retailers, shopkeepers are to be taken care off!
- The key role of outbound logistics are fullfilling demand, overcome sales barriers, support sales team, revenue generation etc.
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