PHYSICS 102 Lecture Notes - Lecture 11: Reverse Logistics, Logistics, Material Handling

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Logistics management = according to the council of supply chain management control the efficient, effective forward and reverse flow of storage of goods, services. Professionals (cscmp), that part of supply management that plans, implements, and order to meet customers" requirements . and related information between the point of origin and the point of consumption in. Logistics incorporates a wide range of business activities, including: Logistics information systems: why logistics is critical. Today advances in information systems, the globalization of markets, and the push toward sustainability continue to create challenges and opportunities that did not exist just a few years ago. 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 decision areas. Logistics includes not just physical flows, but also informational flows. system and play a major role in determining its overall performance in terms of cost,

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