BUSML 3380 Lecture Notes - Lecture 4: Ordinary Least Squares, Order Management System, Decision Support System
24 Jun 2017
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The forecast is equal to a constant plus a linear time-dependent component. What is the role of logistics information systems in supporting order management: two forms of logistics information: The forecast is equal to a constant plus linear, quadratic, cubic ( ) time-dependent components. Facilitates planning process within firm and across the supply chain. Information is the foundation of good customer service. Information is the key to managing inventories in the supply chain (seen or unseen) Information increases flexibility to strategically manage scarce resources (information for inventory) What are the key components to a logistics information system: logistics information system. Logistics environment: corporate/ general business, logistics management, logistics activities. How has information flow across the internet affected logistics activities in support of order management: the internet"s influen(cid:272)e on logisti(cid:272)s, differences between online retailing and in-store retailing. Integrated business planning can help ensure effective and efficient order management.
