INTBUS 6 Lecture Notes - Lecture 15: Freight Forwarder, Reverse Logistics, Cross-Docking
22 Oct 2020
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Document Summary
Parts of logistics management: transportation warehousing packaging inventory management (ch. As interest in supply chain management grows, more businesses are managing logistics in an effort to improve their cost, flexibility, and delivery performance. Sustainability: performing activities in a manner that meet the needs of the present without compromising the ability of future generations to meet their needs. Logistics not only includes physical flow (delivery of products to customer) but also informational flow. Logistics information systems create and manage the informational flows in the network. Geographic extension of supply chain: need to use traffic to transport to nonlocal partners. Greater emphasis on delivery speed and flexibility: clear advantage over rail & water: direct truck shipment: shipment made directly, with no additional stops, changing of trucks or loading of additional cargo. Air: ideal for materials with low-weight-to-value ratios, especially if delivery speed & reliability (ex: electronics) Rail: cost characteristics similar to water transportation but is somewhat more flexible.
