Supply-chain activities must be well coordinated to achieve the lowest total logistics cost. If only one of the activities is optimized, trade-offs may increase the total cost.
What are supply-chain activities?
Supply-chain activities involve the manufacturing and procurement activities of a company with multiple manufacturers, suppliers, and retail companies.
On the other hand, logistics, which is associated with supply chains, refers to the distribution activities in one company only.
Thus, if only one of the activities is optimized, trade-offs may increase the total cost.
Learn more about supply chains and logistics at https://brainly.com/question/25160870
