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Logistics: What If the Very Foundation is Built on Sand?
One authoritative definition of Logistics uses the concepts of "efficient,
cost effective flow and storage of raw materials, in-process inventory, finished
goods and and related information," ..." and "...point of origin to point of
consumption..."
It's a solid definition. And that's a huge span, of course. Now imagine, just
for a moment, that measurements derived from the concept of standard cost
accounting suddenly and magically proved to be utterly invalid for operational
decision making. So that "cost per piece" is meaningless. So is "product
margin." And what about the concept of "efficient?" Interestingly enough ... it
wouldn't be imagination. Scary, eh! Of course, there has to be proof before an
alternative can be proposed ... but it isn't even difficult to prove!
Just FYI ...
Your Search Results for: Creating Competitive Advantage From Logistics
... competitive advantage usually comes from the full range of a firm's activities--from production to finance, from marketing to logistics--acting in harmony. The essence of creating ...
Value Chain The Value Chain To better understand the activities through which a firm develops a competitive advantage and creates shareholder value, it is useful to separate the business ...
...professionals looking to use logistics for competitive advantage by reducing inventory.....these RFP/RFIs will simplify the task of creating a database of candidates, building.....ll get ...
Introduction. We live in an era of "e-everything". Managers are in danger of being swept away by the excess of information pushing then to adopt everything from e-commerce, ...
...Management. "SCT is committed to creating competitive advantage with extremely quick.....accurate real-time information from their logistics networks," said Malcolm Marais.....Freight ...
... support of an expert in print management and logistics to make it happen. Debenhams and GE Consumer ... Williams Lea creates value and competitive advantage by improving the ...
...Reading.. Porter, Michael E., Competitive Advantage: Creating and Sustaining Superior.....a competitive advantage. For example, logistics activities are critical for a.....Primary Value ...