What is logistics?
A widespread idea prevails that logistics is ‘movement of goods’. That is a narrow concept. Logistics is much more and much wider than mere physical handling of goods. Logistics involves several other functions such as purchasing, plant location, plant layout, etc., and even the disposal of wastes. It covers astonishingly varied professional disciplines. They are:
* Facility location
* Planning
* Forecasting and order management
* Transportation: the mode and the route
* Inventory management: all inventories
* Warehousing
* Protective packaging
* Information: maintenance and flow
Author: Prof.Nansi
Source: http://www.projectsmonitor.com/detailnews.asp?newsid=6968
