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How does logistics contribute to time and place utility?

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Question added by Hany Helmy Haleem , Director of Warehouses , Nasco Automotive
Date Posted: 2015/04/25
Vinod Jetley
by Vinod Jetley , Assistant General Manager , State Bank of India

Logistics contributes to time utility by recognizing that different products have different sensitivities to time. For example, a three-day late delivery of bananas likely has more serious consequences than a three-day late delivery of a box of pencils. As for place utility, logistics facilitates products being moved from points of lesser value to points of greater value.

Zety Shakila Binti Mohd Yusof Mohd Yusof
by Zety Shakila Binti Mohd Yusof Mohd Yusof , Lecturer (Diploma Logistics & Supply Chain Management) , Polytechnic METrO Johor Bahru

Logistics creates time and place utility primarily through transportation. For both utility, there will be different types mode of transportation to ship the jewelleries and steel...Time utility occur while jewelleries are expensive goods and need more security, therefore, air transport is exactly the right choice. The place utility also is much more far for the distance from one place to another. Compared to steel, the right choice of mode of transport are by rail or sea, because it didn't required more expedite time.

 

Mohammed Fathe  Shaheem
by Mohammed Fathe Shaheem , Operation Executive , Arabian Construction Company

Agreed to Mr VJ expert reply and answer 

Abdou warshan
by Abdou warshan , • مدير إدارة المخازن والنقل , شركة تمكين الدولية للأجهزة المنزلية

Place utility – having products available where they are needed by the customers; products are moved from points of lesser value to points of greater value.

Time utility – having products available when they are needed by customers.

Wasi Rahman Sheikh
by Wasi Rahman Sheikh , WAREHOUSE SUPERVISOR , AL MUTLAQ FURNITURE MFG

Agree with ____________________Mr.V.J

Joel Ziramba
by Joel Ziramba , Gm marketing at Tyncle Tech Computers , Tyncle Tech Computer Doctor

logistics encampuses transportation and promt delivery will result in time utility. logististics systems determine demand through inventory then distribute goods where they are most needed(place utility)

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