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!
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Logistics Management, Inc. -- Aggressive freight cost management program provides volume discounts and administration services to mid-sized manufacturers and distributors. ... The LMI ...
Tuesday, January 18, 2005 LMI: Logistics Management Incorporated section LMI is a logistics management company that can provide significant freight savings to clients. They currently manage ...
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...retained an independent expert, Logistics Management Inc. (LMI), to analyze the stock.....through GSA’s stock program (Tr. 165). 18. LMI used the current Office of Management ...