Logistics Management

Description of Logistics Management. Explanation.

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Definition Logistics Management. Description.

Logistics Management is the process of strategically managing the procurement, movement and storage of materials, parts and finished inventory (and the related information flows) through the organization and its marketing channels in such as way that current and future profitability are maximized through the cost-effective fulfillment of orders.

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Recent User Comments

    			 
  			   Dhrubajyoti Bhattacharjee - India
  	       
  		     Logistics Management and Inventory Control.
  	  		 "Please advise if mere Six Sigma/ERP/SAP/RFIDs are sufficient or some tacit management also would be viable for the subject management / outsourcing / value addition...?"
  			   
    	  		 0

    			 
  			   Dhrubajyoti Bhattacharjee - India
  	       
  		     Logistics Management and Inventory Control
  	  		 "Since late 90's Logistics Management or Logistics outsourcing has emerged in the Indian Services/Job market it has become quite confusing about the infrastructure either in 3PL/4PL. Because losses are incurred. What should be the percentage of revenue?"
  			   
    	  		 1

    			 
  			   elaiza - philippines
  	       
  		     logistic dictionary
  	  		 "i need a dictionary about that!!"
  			   
    	  		 0

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End of description Logistics Management. An explanation.