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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 Management Institute
November 29, 2003 Hide automatic menus Printer Friendly Version of This Page Send this page to a colleague Efficiency Opportunities "Cost-Effective Supply Chain Management" The Legal ABC's ...
Transport management teaching and research centre at this New South Wales university highlights its programmes, staff, research, publications and activities.
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... Inc. Larmouth T & PDS Ltd Lofton Henderson Consulting LogicaCMG Logistics Management Institute Index » Organisation » L Logistics Management Institute Web Title Universal Business ...