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Topic: Institutional Affiliation TLM & Economy Research Assignment
This week you will discuss transportation and logistics management and its impact on various economic activities. For example, how does transportation and logistics management impact a retailer getting their product on the shelf? How does their distribution network affect their ability to generate revenue as well as provide sustainability in their local economy? You will have to conduct online research to identify the various economic activities in relation to TLM and within the context of the retail industry.
Discuss in detail and provide sources to support your thoughts, insights, ideas, and statements.
Complete this Forum by providing a discussion of the economy and your project topic. How does the economy affect your project topic (retail logistics)? Is this affect beneficial or detrimental? Why? If beneficial, is there room for improvement? If detrimental, what do you foresee as solutions?
TLM & Economy
Institutional affiliation TLM & Economy
Logistics management can be described as the governance of supply chain functions. They include inbound and outbound, internal and external movements. Transportation and logistic management pertains the flow of goods from the supplier to the retailer (Walters, 2013). It is important to note that