1. What would be some of the advantages? What would be some of the initial difficulties that may be encountered during implementation? Explain why.
2. In what circumstances would a firm decide to outsource all of its inventory, distribution, and logistics to a third party?
3. In a sentence or two, describe an organization that uses metrics. For this organization, identify the three or four core metrics that would matter most.
4. What is the purpose of identifying the higher risks versus the lower risks?