Logistics Flashcards
The part of supply chain management that plans, implements, and controls the efficient, cost-effective FORWARD and REVERSE FLOW and STORAGE of goods, services and related information between the point of origin and the point of consumption
Logistics
Management of inventory at rest or in motion
Logistics
Travail en cours
Work-in-progress
Produits finis
Finished goods
Person working in Logistics
Logistician
Flow of materials back to the distribution, production or supply stages where valuable outcomes result from their return
Reverse logistics
Set of rules
Directives
Directive européenne sur le recyclage des composants électriques
Waste electrical and electronic equipment (WEEE)
Using the product again
Reuse
Fixing or replacing broken or non-functionning parts or components for use by the original or another buyer
Repair
Restoring the product back to thé original specifications
Refurbishment
Upgrade the product - in order to improve its quality and performance, for example with additional functions and features
Remanufacturing
Save for future use
Salvage