Based on your experience or readings, discuss the interface between Purchasing and Supply Management and Logistics Management – specifically with respect to selection of a third party logistics provider, analysis of the total cost of ownership, use of e-procurement capability, integration of the transportation (in-coming and out-going) spend, and management of just-in-time inventory control. How do Purchasing and Supply Management and Logistics Management “fit” within the framework of distribution management – particularly control of in-process and finished goods inventory? What is the role of Purchasing and Supply Management and Logistics Management professionals in the implementation of a supply chain management strategy?
