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In discussing the formulation of a logistical strategy, authors of your Supply Chain Logistics Management text speak of a four-step process:Determining a least-total-cost-network. Measuring service a

In discussing the formulation of a logistical strategy, authors of your Supply Chain Logistics Management text speak of a four-step process:

  1. Determining a least-total-cost-network.
  2. Measuring service availability and capability associated with the least-total-cost-system design.
  3. Conducting sensitivity analysis related to incremental service and cost directly with revenue generation.
  4. Finalizing the plan. (Bowersox, Closs, & Cooper, 2013, p. 302)

Apply this process to the development of a supply chain for a consumer product.  

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