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LOGISTICS

LOGISTICS first quiz

QuestionAnswer
management of materials in motion and at rest LOGISTICS in INVENTORY
Getting the seven R's Logistics in Customer
The branch of military science having to do with procuring,maintaining, transpo material personnel and operations Logistics in Dictionary
The art and science of management engineering and tech activities concerned with the requirements, design, supplying, and maintaining resources to support OBJECTIVES, PLANS, OPERATIONS Logistics in INTERNATIONAL SOCIETY OF LOGISTICS
materials require determination,purchasing, transpo,inventory management etc.. logistics in Functional Managemnet
handling the details of an activity logistics in common culture
providing time and place utility/value of materials and products in support of organizations objectives Logistics in Utility Value
Supply management for the plant(inbound) and distribution management for the firms customers(outbound logistics) Logistics in Component support
The part of the supply chain process that plans, implements, and controls, the efficient effective flow and storage of goods service and related info from POINT OF ORIGIN to POINT OF CONSUMPTION in order to meet customer requirements Logistics in COUNCIL OF LOGISTICS MANAGEMENT
evolution of logistics 1960 Fragmentation DPRPMWMIFDOTC Demand forecating Purchasing requirements planning production planning manufacturing inventory warehousing materials handling industrial packaging finished goods inventory distribution planning order processing transportation customer service
integral system that crosses org boundaries through coordination LOGISTICS
driven by customer demand and service requirements Logistics
Integrated Logistics Framework PW..ITC Procurement, Warehouse management, Inventory Management, Transportation Mangaemnt, Customer Service
Seven R's of Logistics Right Product Right customer Right quantity Right condition Right time Right place Right cost
Logistics Subdivision that palns, implements, and controls the efficient effective flow and storage of goods services and related information from point of origin to point of consumption Business Logistics
The desig and integration of all aspects of support for the operation capability of military to ensure readiness etc. Military Logistics
The network of activities required to deploy resources for an event to take place and to efficiently withdraw after Event Logistics
The acquisition, scheduling, and management of asset/facilty to support and sustain a service operation Service Logistics
Four Logistics Subdivision business,military, event, service logistics
Distribution Systems of Logistics Airfreight, trucking, railroads, pipelines, waterways
fast flexible expensive distribution systems airfreight
moves the vast majority of manufactured goods, flexible trucking
capable of carrying large loads,litte flexibility railroads
used for transporting oil gas other chemical products pipelines
for bulky low value cargo, shipping cost is more important then speed waterways
a firm that provides outsourced logistics third party logistics
value added to goods through manufacturing, production or assembly process form utility
the movement of goods from production surplus points to points where demand exists Place utility
the availability of the goods at the time teh customers demand them time utility
related to the promotion of products and services possession utility
result in excessive inventories long production runs
runs that reduce time and expense short production runs
anticipating demand and having desired product available at hand is not always possible seasonal demand
shortage could result in the shutdown of a production or increase in production cost supply side interface
(4)manufacturing interface of logistics seasonal demand, supply side interface protective packaging, foreign and third party alternatives
pricing CMVG carrier pricing matching schedules volume relatinship geographical pricing methods
geographical pricing methods FZSFB fob pricing zone pricing single or unifrom pricing freight equalization basing point pricing
physical dimentions of a product affect logistics product
product characteristics wvvpfs weight volume value perishability flammability substitubly
unpredictable demand and customer response pull approach
allows manufacturer to pipeline in advance of the stimulated sales push approach
order small quantity, do not allow sufficient lead time, time sensitive transportation retailer
place order more predictably, order in huge quantity wholesaler
logistics cost operating cost capital cost
cost recuring periodically operating cost
one time expense capital cost
ROA Return on assents= (revenue-operating cost)/ asset
Logistical activities (10) traffic transpo warehousing storage industrial packaging and materials handling inventory control order fulfillment demnd forecast production planning purchasing customer service level plant warehouse locations others
others return on investments part and service support salvage and scrap disposal
contains and protect goods packaging
movements between processes in the factory using factory equipment material handling
hold finished goods for despatch,decoupling,tarde off with transportation to optimize logistics system warehousing and storage
management of inventories to have right amount to achieve competetive priorities for the business inventory control
business procedure from the receipt of an order until the completed products or services are delivered to customer order fulfillment
prior estimate of the quantity of goods or services demand forecasting
deciding the amount of product to produce for the medium term future production planning
affects transportation cost, customer service, inventory requirements plant and warehouse location
(4) Approaches to Analyzing Logistics Systems Materials management vs. Physical distribution Cost Center Node vs Links Logistics Channel
The coordinated function responsible to plan for, acquire,store, move and control materials and final products to optimize usage of facilities, personnel, and capital funds Materials Management
production planning,purchasing, storage materials management
the coordination and management of the movement, inventory, protection and storage of finished goods from the end of production line to the customers to achieve timely and cost effective service level Physical Distribution
order processing, transportation, customer service physical distribution
logistics systems balanced systems heavy inbound heavy outbound Reversed logistics
inbound transportation main stores operation inter store transportation intermediary and working stored transport
inbound transport containers and multimodal transport transhipment and in transit warehouses use of cargo agents and freight forwarder port services customs clearance
distributin systems traditional, cross docking
balanced flow of inbound and outbound logistics balanced logistics
simple out bound flow, less warehousing heavy inbound
simple inbound flow,limited suppliers, complex distribution heavy outbound
reduction recycling etc logistics system reverse logistics
2 types of reverse logistics open system closed system
materials are returned by originator and used my originator closed system
materials are returned by originator but used by other parties open system
alternatives in handling returned materials 5R's 1J repair,refurbish,reuse,recycle,junk,resale
reverse flow characteristics uncertainty of supply need to process asset quickly need to maximize value need to maintain flexible capacity
examples of logistics as cost centers twimp trasportation warehousing inventory material handling packaging
established spatial points where goods stop for processing or storage nodes
transportation networks connecting nodes in the logistics system links
networks of intermediaries enagaged in transfer, storage, handling and communications to the flow of goods Logistics Channel
the plant directly deals with the customer simple channel
(3) logistics channel simple logistics channel multi-echelon logistics channel complex logistics channel
set of interacting elements, variables, parts or objects that are functionally related to one another and that form a coherent group system
optimization of the whole system effectively and not just the individual components cost perspective
working withing constraints level of optimality
Created by: maveric
 

 



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