1) Net income = Sales - cost of goods sold = [tex]600[/tex] - [tex]480[/tex] = [tex]120[/tex]
2) Return on assets = Net income /Total assets = [tex]120[/tex]/[tex]532[/tex] = [tex]0.2255[/tex]
3) A corporation has made poor investments and is spending more money if the return on assets is decreasing 10%. However, 10% is acceptable, but if it rises then there will be problems.
4) Any business's foundation is its logistics management.
ways to make logistic management better
I Invest in modern technology;
ii) Thoroughly train your personnel;
iii) Encourage interdependent communication; and
iv) Outsource to 3PL
V) Select and Track KPIs
Planning, managing, and implementing processes to move and store items are all parts of logistics management, which is the governance of supply chain management functions. Transportation management, fleet management, warehousing, material handling, order fulfillment, logistics network design, inventory control, supply/demand planning, and administration of third-party logistics service providers are a few examples of logistics management tasks. Planning, managing, and implementing processes to move and store items are all parts of logistics management, which is the governance of supply chain management functions. Transportation management, fleet management, warehousing, material handling, order fulfillment, logistics network design, inventory control, supply/demand planning, and administration of third-party logistics service providers are a few examples of logistics management tasks.
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