Business Logistics & SCM

Get to Know about Logistics and the Industry

What is Logistics ? March 21, 2007

Filed under: Business Logistics — TSBL @ 1:23 pm

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

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