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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: Logistics Definition Transportation
... between marketing and production (i.e. transportation and distribution). However, it cuts across ... in either logistics or supply chain functions. There is no formal definition that ...
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What is Logistics? By Michael B. Stroh S o what exactly is logistics anyway? And what does someone in logistics actually do? Well I m glad you asked. The term logistics has its origins in ...
A nonprofit professional business organization to enhance the development of the logistics profession through educational opportunities and relevant...
...Definition of Logistics .. In military and business.....food distribution.. intelligent transportation system.. logistics automation.....unit of time, to reduce peak loads on the ...
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