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NEW QUESTION # 106
Why might an organization opt for centralized inventory handling instead of regionalized handling?
Answer: A
Explanation:
Centralized inventory handling reduces capital investment in regional distribution facilities, allowing for cost efficiency. [P-7]
NEW QUESTION # 107
Why are online returns a significant concern in reverse logistics?
Answer: D
Explanation:
E-commerce returns are nearly double counter sales returns, increasing complexity. [P-150]
NEW QUESTION # 108
What is the primary focus of the codification approach to supply chain knowledge management?
Answer: A
Explanation:
The codification approach ensures that knowledge is stored centrally in repositories and databases for organizational access. [P-106]
NEW QUESTION # 109
Which of the following is NOT a way in which reverse logistics creates value for organizations?
Answer: A
Explanation:
Reverse logistics creates value for organizations through various means, including increasing product life cycles, obtaining feedback for product improvements, and recovering value from used/returned goods. It does not involve reducing customer satisfaction and loyalty. [P-139]
NEW QUESTION # 110
What is the significance of end-to-end integration in capturing efficiencies from new technologies?
Answer: A
Explanation:
End-to-end integration ensures that companies can maximize efficiencies from new technologies across supplier networks and logistics operations. [P-2]
NEW QUESTION # 111
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The Self-Knowledge School offers a space to explore the profound questions that underlie our anxieties, sorrows, and fears. These negative emotions stem from our fundamental lack of answers: we don't know ourselves, we don't know the world, and we haven't defined our relationship with it. This ignorance hinders our pursuit of love, peace, and lasting happiness.
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