SUPCH 5

Logistics

The part of supply chain management that plans, implements, and controls the efficient and effective storage and forward and reverse flow of goods, services, and related information.

Modes of Transport

Different methods for transporting goods, including road, water, air, rail, pipeline, and internet.

Co-modality

The combination of different transport modes that aims to exploit their advantages while minimizing disadvantages.

Intermodal Transportation

Movement of cargo using multiple modes of transport, each with its own carrier, under separate contracts.

Multimodal Transportation

Movement of cargo using several modes of transport under a single contract with one carrier responsible.

Hub

A central point in the supply chain where goods are transshipped to different destinations.

Distribution Center (DC)

A facility for storing goods that serves as a hub for the distribution of products to various locations.

Factor Rating Method

A technique used to compare different locations based on key success factors, assigning weights, and scoring them to select the best option.

Center of Gravity Method

A method for locating a facility based on existing locations and distances, aiming to minimize transportation costs.

Green Logistics

Logistics practices aimed at minimizing environmental impact and improving sustainability in distribution strategies.

Reverse Logistics

The process of planning and controlling the flow of products from the point of consumption back to the point of origin for recapturing value or proper disposal.

Sustainability in Supply Chain Management

The integration of social, environmental, and economic goals in business processes to improve long-term performance.

Economies of Scale

The cost advantage that arises with increased output; the cost per unit of goods typically decreases as the production scale increases.

Piracy in Water Transport

The act of attacking and robbing ships at sea, a significant risk for ocean freight.

Flexibility in Transport Modes

The ability of a transport mode to adapt to different demands or changes in logistics requirements.

CO2 Emission

The release of carbon dioxide into the atmosphere, often measured as part of evaluating the environmental impact of transportation.

Last Mile Delivery

The final step of the delivery process from a transportation hub to the end-user's doorstep.

Hubs and DC's

Facilities that play crucial roles in the distribution process, facilitating efficient flow of goods between origination and consumption.

Pipeline Transport

A method of transporting goods, particularly liquids and gases, through pipes.

Weight Limit for Road Transport

The maximum allowable weight for vehicles on the road, which affects the choice of transport mode.