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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A logistics combat support agency whose primary role is to provide supplies and services to America's military forces worldwide. Manages over four million consumable items and processes ...
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A nonprofit professional business organization to enhance the development of the logistics profession through educational opportunities and relevant...