33:799:301 Lecture 14: 0009-IntrotoSupplyChain-2017-03-09
10 Mar 2017
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Document Summary
Logistics - part of scm that plans, implements, and controls the efficient, effective flow and storage of goods, services, and related info, from point of origin to point of consumption, in order to meet customer requirements. Logistics is necessary to move goods from source to location needed. Move finished goods from factory to company warehouse. Logistics is about time and place utility - having the product at the right time at the right place. Warehousing - the practice or process of storing goods in a warehouse, includes receiving, storing, breakdown, repackaging, and preparing items for shipment. Warehouse - facility used to store purchases, work-in-process, and finished goods inventory. Number of warehouse facilities in the network. Methods of receiving, storing, retrieving, and distributing products and materials. Final assembly operation - often called postponement operation that puts subassemblies together to complete the final product.
