Industrial Logistics Flashcards

1
Q

Logistics

A

the overall process of managing how resources are acquired, stored, and transported to their final destination

Managing the flow of items, information, cash and ideas through the coordination of supply chain processes and through the strategic addition of place, period and pattern values.
Enabler for supply chain management

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Supply chain management

A

encompasses the planning and management of all activities involved in sourcing and procurement, conversion, and all logistics management activities. Importantly, it also includes coordination and collaboration with channel partners, which can be suppliers, intermediaries, third-party service providers, and customers. In essence, supply chain management integrates supply and demand management within and across companies.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Challeneges

A

Order management: order tracking/ routing, E-commerce, customs and international
Storage and retrieval: Inventory management, material handling, warehouse ops management, distribution strategies.
Transportation: transportation systems, traffic management, coordination

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Temporary Logistics

A

Ad Hoc Logistics Network is a multi-actor structure providing transport and storage capabilities with unplanned elements to its operations, responding to a novel and urgent task, with a time-limited existence, and a constrained planning window

How well did you know this?
1
Not at all
2
3
4
5
Perfectly