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!
...What is logistics? - A collection of logistics definitions compiled by.....your guide to thousands of sites related to logistics, logistics management, freight.....model online. Our deep ...
... Therefore, the intent of this dictionary is to capture all of the logistics-related definitions currently listed in numerous regulations into one, all-inclusive source and to define ...
U.S. Army Quartermaster Center and School. Logistics Training Department. LOGISTICS DICTIONARY. (Last updated on 3 Feb 04) Introduction ... Many of the definitions below were taken from two ...
Industry resource for logistics and supply chain management includes articles, glossary, industry initiatives and more information for logistics and supply chain management professionals ...