Here we introduce and discuss some of the key issues, questions, and trade-offs associated with different decisions.
These issues span a large spectrum of a firm’s activities, from the strategic through the tactical to the operational level:
Strategic level: deals with decisions that have a long-lasting effect on the firm. This includes decisions regarding the number, location ,and capacity of w/H and manufacturing plants and the flow of material through the logistics network.
Includes decisions that are typically updated anywhere between once every quarter and once every year. These include purchasing and production decisions, inventory policies, and transportation strategies, including the frequency with which cus. Are visited.
The operational level refers to day-to-day decisions such as scheduling, lead time quotations, routing, and truck loading.