Quick Answer: What Is Logistics Quizlet?

What is logistics defined as? “Process of anticipating customer needs and wants; acquiring the capital, materials, people, technologies, and information necessary to meet those needs and wants; optimizing the goods- or service-producing networks to fulfill customer requests in a timely manner.”

What is logistics in simple word?

Logistics refers to the overall process of managing how resources are acquired, stored, and transported to their final destination. The term is now used widely in the business sector, particularly by companies in the manufacturing sectors, to refer to how resources are handled and moved along the supply chain.

What is logistics in the distribution cycle quizlet?

What is logistics? That part of the Supply Chain management process that plans, implements, and controls the efficient, effective forward and reverse flow and storage of goods, services, and related information between the point of origin and the point of consumption in order to meet customers’ requirements.

What is logistics management quizlet?

logistics management. part of supply chain management that plans, implements, and controls the efficient, effective forward and reverse flow and storage of goods, services and related information between the point of origin and the point of consumption in order to meet customers’ requirements.

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What is business logistics quizlet?

Logistics Management. The management of the movement of materials and information within, into, and out of the firm.

What is the best explanation of logistics?

Logistics is used more broadly to refer to the process of coordinating and moving resources – people, materials, inventory, and equipment – from one location to storage at the desired destination. The term logistics originated in the military, referring to the movement of equipment and supplies to troops in the field.

What is a logistics job?

Logistics jobs are careers that manage or facilitate the movement of goods from each stage of creation to shipment. You can coordinate logistics for companies as an in-house employee or work for a company that contracts logistics services to other businesses.

What is logistics quizlet?

What is logistics defined as? ” Process of anticipating customer needs and wants; acquiring the capital, materials, people, technologies, and information necessary to meet those needs and wants; optimizing the goods- or service-producing networks to fulfill customer requests in a timely manner.”

Which logistics tool can be used to make location decisions?

— Factor Rating is one tool that can be used to make location decisions.

Which of the following is one of the business areas of supply chain management?

Which of the following are included in the three business areas of supply chain management? materials management, logistics, and procurement.

What are the key activities in logistics?

Logistics activities or Functions of Logistics

  • 1) Order processing.
  • 2) Materials handling.
  • 3) Warehousing.
  • 4) Inventory control.
  • 5) Transportation.
  • 6) Packaging.
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What are the goals and objectives of logistics management?

There are five main objectives of the logistics management process:

  • Minimize Manufacturing Costs.
  • Efficient Flow of Operations.
  • Better Communication Flow.
  • Provides Competitive Edge.
  • Better Inventory Management.
  • Logistics Management Solution.

What is the most basic goal of logistics management quizlet?

What is the goal of logistics management? It is to minimize the costs of logistics activities. It is to meet the customers’ requirements.

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