Supply chain logistics typically attempts to satisfy customer expectations while minimizing:
Supply chain logistics typically attempts to satisfy customer expectations while minimizing:
Supply chain logistics typically attempts to satisfy customer expectations while minimizing total costs. This includes not only transportation costs but also inventory levels, warehousing costs, and other related expenses. The goal is to optimize the entire supply chain to be cost-effective while maintaining service levels for customers.
According to the information provided in M5, supply chain logistics typically attempts to satisfy customer expectations while minimizing total costs. The text mentions that logistics and warehousing management seek to minimize transportation costs by using quantity discounts and minimizing inventory levels. Finance wants to minimize order changes, inventory, and product variety. In short, conflicts of interest seem to be built into the supply chain. Therefore, the answer to the question is option C: total costs.
Supply chain logistics is the process of planning, organizing, and managing the movement of goods from suppliers to customers.