mc logistics finals

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326 Terms

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Information Systems

is an applied science for the processes of the creation and operation of systems that manage information

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Business Process Analysis methodologies

are used for the modelling of logistic processes and their information flows that assist in understanding and clearly describing the information relationships between parties and authorities and in defining improvements to the logistic systems.

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Logistics Information System

is implementation of solutions for a system of records and reports which may be paper based or electronic

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Logistics information system

This is a specialized area in logistics that can handle location, work management, and data management in organizations. It mainly includes coordination of demand, supply, movement, and control of material or finished goods.

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logistics information system

is a system of records and reports whether paper-based or electronic, used to aggregate, analyze, validate and display data from all levels of logistics system that can be used to make logistics decisions and manage the supply chain.

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logistics information system

is part of logistics management to manage, control and measure the logistical activities within the organization and across the supply chain, achieving logistics efficiency and effectiveness.

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Organization decisions

It relates to the decisions to be made at each level of organization. While designing information system, it must be ensured that the concerned person is entitled to get required information needed for decision making.

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System requirement

After arriving at the decision on collecting information, next requirement is identification of source of information, the volume and quality of information. A suitable channel of communication will have to be designed to satisfy various requirements.

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Control requirements

Based on guidelines given by the management, system should be able to aid in decision making, minimizing delays, and increasing efficiency. Control is required to ensure that no errors are made.

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System input and output data

To satisfy the demand of a customer, several activities are undertaken by organization which need proper coordination. Action reports are made for the purpose of undertaking activities based on generated information.

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logistics information system

designed to manage the flow of materials and information within and between organizations and their business environment

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Globally information technology

is a critical enabler of the logistics supply chain networks that businesses use to acquire, produce, and deliver goods and services.

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information network

The traditional elements of logistics are integrated by a web of IT networks, and integrated management systems, with virtual and network companies within an information grid.

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electronic data interchange

can link suppliers, manufacturers, customers, and intermediaries

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electronic data interchange

links exporters with customs, ports, and transporters for quick processing of customs documents thus speeding up the deliveries.

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supply chain management software

These software modules complete supply chain transactions and manage supplier relationships for controlling the business processes

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enterprise resource planning

It encompasses software technologies in supply chain, bringing together the information from within the firm and from different geographical areas, integrating all businesses of the firm together for efficient use of resources

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inventory management module

Inventory management being a key component of logistics, firms should manage their inventories efficiently as huge cost is involved in the inventories piling up

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just in time system

The required components or raw material are supplied just-in-time when needed by the factory.

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Just in time system

was introduced by Toyota in Japan and Maruti Suzuki in India

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transportation management system

Transportation is a key element of logistics being an important dimension as third-party intermediaries, to link together the suppliers and manufacturers to final consumers.

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data mining

a process used of extracting usable data from a larger set of any raw data by companies to turn it into useful information through understanding a pattern and determine customers’ behavior for repeat sale

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data warehouse

is built by integrating data from multiple sources that support analytical reporting, and decision making

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data warehousing

is the process of constructing and using a data warehouse, being the electronic storage of a large amount of information by a business or organization.

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customer relations management

It is a technology used to manage interactions with customers by merging practices, strategies and technologies used by companies

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Data mining and data warehousing

are two important elements of CRM technologies.

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contact center

The sales and marketing teams procure data and update the system with information relating to customers and revise customer history records through service calls and technical support interactions.

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Social Customer Relations Management

To add value to customer interactions on social media, businesses use various social CRM tools that monitor social media conversations, to determine their target audience.

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Mobile Customer Relations Management

take advantage of features that are unique to mobile devices, such as GPS and voice recognition capabilities, to give sales and marketing employees access to customer information from anywhere.

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Identification systems

are for the codification of packages inside the warehouse by means of codes that can be scanned by automatic devices and these are of fundamental importance for the computerized management of the warehouse.

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Bar codes

are the optical conversion of a numerical or alphanumerical code which are used to identify a package. This optical conversion is represented by means of an alternating sequence of vertical bars and spaces.

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radio frequency identification tags

are generally more expensive than printed bar codes, but the price is falling rapidly, promoting their wider applications.

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Smart tags

are automatic identification system based on radiofrequency technology that work in a way like bar codes

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Active tags

are provided with an internal battery that powers them and enables large transmission distance

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Passive tags

are more economical and widespread being made of an aluminum or copper antenna, a memory microchip, and a support for the protection of this chip. They do not have a battery and require no maintenance

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logistic labels

it record information, both in legible format (characters, numbers, and graphic elements) and in the form of a bar code.

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QR code

is a matrix or two-dimensional barcode which is a machine-readable optical label that contains information about the item to which it is attached.

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FASTag

is an electronic toll collection system in India, operated by the National Highway Authority of India (NHAI) employing RFID technology for making toll payments directly from the prepaid or savings account linked to it or directly to the toll owner

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Office Automation systems

provides effective ways to process personal and organizational business data, to perform calculations, and to create documents

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communication systems

Helps people work together by interacting and sharing information in many different forms.

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Transaction Processing Systems

collects and shares information about transaction; controls some aspect of transactions.

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management and executive systems

converts TPS data into information for monitoring performance and managing an organization

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decision support systems

helps people make decisions by providing information, models, or analysis tools.

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enterprise systems

creates and maintains consistent data processing methods and an integrated databases across multiple business functions

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warehouse automation

Is the process of automating the movement of inventory into, within and out of warehouses to customers with minimal human assistance.

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Basic Warehouse Automation

·     refers to simple technology that assists people with tasks that would otherwise require more manual labor.

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Warehouse System Automation

this type of system uses software, machine learning, robotics and data analytics to automate tasks and procedures

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Mechanized Warehouse Automation

this kind of warehouse automation uses robotic equipment and system to assist humans with warehouse task and procedures.

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Advanced Warehouse Automation

________ combines mechanized warehouse robotics and automation systems that can replace labor intensive human workflows

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Material Identification

is used to analyze and identify materials for quality assurance and quality control to verify proper material is being used.

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Warehouse Management System

is a software solution that offers visibility into a business entire inventory and manage supply chain fulfillment operations from the distribution center to the store shelf from the distribution center to the store shelf.

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warehouse management system

consist of tools that streamline the workflow of managing goods from arrival at the warehouse through storage and tracking within the location to order management and dispatching further

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GPS

this enables you to see which vehicle is in motion towards which direction.

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GIS

allows the effects of routing and logistic decisions to be seen visually, projected on to a map

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Transport Tracking System

is a software system used by transport companies to monitor the location of trucks, trailers and other vehicles.

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KPI and benchmarking

It is a way for businesses to compare their own performance against industry benchmarks and by tracking KPI’s, businesses have important data that enables them to improve operations.

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benchmarking

Process of measuring products, services, practices & processes against the best that can be identified

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international logistics

the study,planning and

implementation of how a business moves physical

goods and materials from supplier to customer in a

way that involves crossing atleast one

international movement of money and

information.

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international logistic manager

deal with the assembly, shipping,

storage, distribution and delivery of

physical products.

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international distribution channel

It is the moving physical things across borders.

Transportation, storage, production, delivery and

entire physical supply chain are covered in this

channel.

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international distribution channel

movement of physical goods

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international transaction and payment channel

movement of money

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documentation/communication channel

movement of information

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International Transaction and payment Channel

Except for every rare barter transactions, when goods move

across borders, so does money- often in the opposite direction.

With international logistics, this can be considerably more

complicated than when operating within the same country.

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Documentation or Communication Channel

includes correspondence

and conversations, contracts and formal agreements,

documentations from notes to government forms and

increasingly , shared data for tracking, verification and

analytics.

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SET UP

requires getting the right

physical ,digital and human

assets in the right places.

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physical assets

It is important to design and locate

_______ , such as

factories,warehouses, and

transportation hubs, with your

whole logistics network in mind.

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digital assets

For _____ ,think about building the

capacity to collect, store,organize and analyze

data. International logistics create lot of data

points, especially when a business is tracking

everything properly.

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human assets

For ________ , international

logistics adds a new dimension to the

“right people in the right places”

paradigm.

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execution

Once all assets are in place,excellent

______ requires the business to

establish clearly defined roles and

responsibilities so that those assets can

execute their functions consistently.

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integrity

is probably the most

critical element of transportation. At the end of the

journey the consignee is entitled to receive a product

that is accordance with the contractual requirements.

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pedigree

“Where did the product come from?”

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chain of custody

The handling of the product from a

physical perspective will directly impact

the integrity of the consignment.

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track and trace

Transport visibility is desirable because it enables us to

pinpoint exactly where the consignment is at any stage of

the process. This enables us to plan for the timely arrival

of goods or devise contingency plans in case of delays.

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Transport visibility

is desirable because it enables us to

pinpoint exactly where the consignment is at any stage of

the process

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traversing geography

Things take longer to get from point A to point B, requiring

more investment in transportation and often, multiple modes

of transport.

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personnel

Moving things along stretched supply chains requires

a lot of people. Like drivers and mechanics for the

vehicles, people to load and unload physical items

multiple times in a journey, technology people to

manage data gathering and more.

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translation difficulties

This is a whole category of challenges, as many things need to

be translated or converted in an international supply chain.

Language needs to be common or translated and not just

regularly spoke languages but also the industry-specific jargon

that’s often needed to achieve clarity in goals and problems.

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government rules and regulations

Every country has different laws and regulatory

frameworks in which businesses must operate, and

making sure an entire global supply chain is compliant

with all applicable rules is difficult. These challenges

range from acquiring permissions to paying taxes to

making sure all your documentation and forms are filled

out correctly and submitted as required.

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political risk

There could be huge delays at the borders if a politician

thinks he or she can score points by tightening security

measures.

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packaging

a very serious consideration and you must make it a priority for easy

international logistics.

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intermediary

is a person on a company that

acts as a mediator between different parties with

the goal of achieving a certain business deal.

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intermediary

They specialize in one specific field among the various logistic functions

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intermediary

is also known as middleman or as facilitator.

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international freight forwarders

The one who organizing goods movements and providing

other related services along a chain of transport and

logistics operations.

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third party logistics

Coordinate carriers, logistics intermediary firms and other

suppliers.

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fourth party logistics

They are focused on the maintenance, improvement and

management of the company’s supply chain.

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transportation

means delivering products to customers

on time, in the right quantity, in the good condition and at the right price.

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transportation system of a country

forms the base and plays an important role in the

progress of a country’s economic, social and commercial growth.

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transport

It is one of the most important factors for promoting a country’s growth in trade and commerce.

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Infrastructure

There are various fixed _________ which enhance the different modes of transportation. These include roads and terminal facilities,

bus stands, railways and railway stations, airways and airports, waterways and

seaports, pipelines and canals, warehouses, land used for parking and maintenance,

etc.

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vehicles

these are tangible and moving devices which carries both people and commodities from one place to another.

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operation

Transportation is operated by both public and private individuals. In case of private transport, there are owners of vehicles, who are solely responsible for the movement of goods from one place to another, and who carry out all the related activities which forms a part of transportation.

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policy

In order to maintain order and discipline in the transportation system, there are several policies that have been instituted by the government. This has been done keeping in view the rapidly increasing rate of population in countries

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road transport

The most preferred mode of transport which has been of great help to the industrial and agricultural sectors of a country

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road transport

It is the most suitable mode for moving goods from one place to another, where the distance is very short and where other modes are unable to reach or are just not available.

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road transport

The most important benefit of this kind of transport is that it delivers goods at the doorstep of the customers which other means of transport lack.

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road transport

With the use of road transport, rural life gets easily connected with urban life and vice versa. It provides such infrastructure which allows agricultural goods and products from rural areas to reach people of the urban areas. In the same way, industrial products from urban areas reach people of rural areas. This connectivity ensures balance in the lifestyles of the people in different are

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Samuel Van Syckel

In the year 1870, he was the first person to develop pipeline transport

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pipeline transport

was first used to transport petroleum from one place to another.