Industrial Logistics Flashcards
Logistics
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
Supply chain management
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.
Challeneges
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
Temporary Logistics
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