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(Solved): Logistics, or supply chain management, includes all the activities involved in obtaining and managin ...



Logistics, or supply chain management, includes all the activities involved in obtaining and managing raw materials and component parts, managing finished products, packaging, and getting them to customers (Ferrel, Hirt, Ferrel, 2018). Coronavirus impacted supply chains across industries around the world. Managing supply chains requires the ability to make quick tactical changes, however a global pandemic offered a new challenge to supply chain managers. This is why you couldn't get that backyard pool or can of tomatoes a couple of months back. This week we will do some research online to find an article about interrupted supply chain so we can get a sense of real-world examples of how supply chains operate.

  • Find a news item (article or podcast) that deals with the impacts of coronavirus on supply chain in any industry.
  • Make sure the news item is from a reputable information source; resources to evaluate the quality of information can be found here: https://rrcc.libguides.com/information-literacy.
  • Here are some recognized industry publications and podcasts to get you started, but you are free to use any reputable source for the assignment.
    • Denver Business Journal, Denver Post, New York Times, Wall Street Journal, Forbes, Harvard Business Review, Fast Company, Inc., Bloomberg Businessweek, Entrepreneur (the RRCC library has subscriptions to some of these and others offer limited free articles)
    • Podcasts:
      • https://bfi.uchicago.edu/podcast/pandemic-economics/
      • https://www.marketplace.org/shows/marketplace/
  • Your post should include the following:
    • A brief summary of the piece you chose - include key points and just enough detail that your classmates get the main idea.
    • Two things you learned after reviewing it that relate to our reading about supply chains.
    • A link to the article or podcast.


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Q. 1.

Ans: Logistics, or supply chain management, refers to the process of planning, implementing, and controlling the flow of goods, services, and information from the point of origin to the point of consumption. This involves the coordination and integration of all the activities involved in sourcing, procurement, production, transportation, warehousing, distribution, and customer service.
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