In discussing the formulation of a logistical strategy, authors of your
Supply Chain Logistics Management
text speak of a four-step process:
- Determining a least-total-cost-network.
- Measuring service availability and capability associated with the least-total-cost-system design.
- Conducting sensitivity analysis related to incremental service and cost directly with revenue generation.
- Finalizing the plan. (Bowersox, Closs, & Cooper, 2013, p. 302)
Apply this process to the development of a supply chain for a consumer product.
Bowersox, D., Closs, D., & Cooper, M. B. (2013).
Supply chain logistics management
(4th ed.). New York, NY: McGraw-Hill/Irwin.
Read Lee, Lee, and Schniederjan’s 2011 article, ”
Supply Chain Innovation and Organizational Performance in the Healthcare Industry
International Journal of Operations & Production Management
, volume 31, issue 11, pages 1193–1214.
Read Daugherty, Chen, and Ferrin’s 2011 article, ”
Organizational Structure and Logistics Service Innovation
International Journal of Logistics Management
, volume 22, issue 1, pages 26–51.