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Logistics CH1

Definition of logistics The activities of planning, implementing and controlling with the goal to supply a point of consumption according to its needs from a point of origin
Mention some objectives of logistics to complete its definition... right product, right quantity, right condition, right time, right place, right price.
What is material management Responsible for the quantitative and qualitative supply of the company with repeat factors for distribution of goods and disposing waste.
Reason for the importance of logistics They represent a high % of companies cost
In which dimensions logistics can increase company value (levers) support value adding activities, operate excellence of lean logistics, outstanding logistics services
what is lean logistics Lean logistics is about the elimination of waste and the increase of speed and flow. e.g. remove unnecessary inventory
Concrete results for the value adding activities for logistics increase of incoming payment, 2)reduction of put payment, optimization of cap. structure,increase of attractiveness
Created by: jnartig