By Donald Waters
Logistics is a vital advent for any company pupil learning logistics or provide chain administration. It takes a huge view of logistics, exploring all of the major ideas inside a large company context, with a powerful specialize in software and sensible events. This transparent and well-written textual content provides a really updated standpoint in this fast paced box. It explores the administration of logistics and its strategic function inside a company, whereas reading new advancements within the box and delivering a global measurement to the topic.
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Extra info for Logistics: An Introduction to Supply Chain Management
This function is also called supply chain management. Some people argue that logistics is somewhat narrower and concentrates on the movement within a single organisation, while supply chain management takes a broader view of movement through related organisations. This is, however, largely an argument over semantics rather than real differences in practice. Here we will stick to the convention that the two terms refer to exactly the same function. 6 L O G I S T I C S is the time-related positioning of resources, or the strategic management of the total supply-chain The S U P P LY- C H A I N is a sequence of events intended to satisfy a customer.
Materials move through a series of related activities and organisations between initial suppliers and ﬁnal customers. These form a supply chain. Each product has its own supply chain. ❑ There are many possible structures for supply chains, but the simplest view has materials converging on an organisation through tiers of suppliers, and products diverging through tiers of customers. ❑ Although it is a single function, logistics consists of a series of related activities. These range from procurement at the beginning of operations, through to physical distribution at the end.
1990) Leading-edge distribution strategies, The Journal of Business Strategy, November/ December, 48–53. 14. Factor R. (1996) Logistics trends, Materials Management and Distribution, June, 17–21. Further reading There are many books on logistics, and the following list gives a useful starting point. T. (1996) Introduction to Materials Management (2nd edn) Prentice Hall, Englewood Cliffs, NJ. J. , (2001) Handbook of Logistics and Supply Chain Management, Pergamon, London. Christopher M. (1998) Logistics and Supply Chain Management, FT Prentice Hall, London.