C1 Introduction to logistics

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20 Terms

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logistics

part of the supply chain management that plans, implements and controls the efficient, effective forward and reverse flow and storage of goods

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logistics

overall process of managing how resources are aquired, stored and transported

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logistics general view

movement of material in whole supply chain (material management and distribution) (inventory, warehousing and transportation)

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supply chain management

transforming raw materials into products and getting it to customers (supplier, logistics and customers)

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supply and materials management

storage and flows into and through the production process

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distribution

storage and flows from the final production point through to the customer or end user

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key components of distribution and logistics

-storege, warehousing and handling

-packing and unitization

-inventory

-transport

-information and controls

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storage, warehousing and materials handling

location of warehouses, number and sizes of distribution, type of storage, material handling equipment

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packaging and unitization

unit load, protective packaging, handling systems

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inventory

what, where and how much to stock

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transport

mode of transport, type of delivery operation, load planning and route schedule

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information and controls

design of systems, control procedures, forecasting

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increased importance of logistics

reduction in economic regulation

changes in consumer behavior

technological advances

growing power of retailers

globalization of trades

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technical aspects

aspects of the product (speed, capacity, dimensions)

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geographical aspects

routes, transportation modes

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contractual aspects

incoterms

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regulatory aspects

customer compliance, requirements

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political and social aspects

situation of countries

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transportation assignment

planning, suppliers, production, distribution, customer service (post service)

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transportation assignment factors

costs, quickness, efficency, security, precision, mode, customer service