Executive Summary
The current global economy is undergoing dramatic changes that make it more technologically dependent as well as information intensive. Fundamentally, the role of logistics is becoming highly crucial in all business entities with an objective to improve and satisfy the customers’ demands, taste and preferences. With the current dynamic changes in logistics networks in the supply chain, organizations are likely to face numerous logistics problems. As a result, they are required to formulate effective Logistics Management concepts and tools to help to assess various logistics problems and improve their operational performance. This paper analyzes the application of some the ...