MODULE 1 Flashcards
Is the largest expenditure in logistics
TRANSPORTATION
moving whatever comes out of one location to the next location. That might mean transporting something from a manufacturer to a distributor, or from a distributor to a customer
TRANSPORTATION
the movement of goods and people from one place to another. Without this the whole world would be stagnant and movement of goods and human beings would have been nearly impossible.
TRANSPORTATION
responsible for moving inventory throughout a firm’s supply chain and to customers.
Transportation manager
The most fundamental choice is between using
-for-hire carriers
-firm’s owned and operated transportation fleet.
a category of software that helps in planning and executing the physical movement of goods.
transportation management systemorTMS
3PLs
third-party logistics providers
It can be used by all members of the supply chain from manufacturers to distributors and third-party logistics providers (3PLs) – virtually any party that wants to coordinate shipments.
transportation management systemorTMS
Transportation management comprises the __and __ used to manage the needs and requirements specific to the physical transportation of goods and cargo as part of supply chain or logistics management
processes and systems
“Transportation management comprises the processes and systems used to manage the needs and requirements specific to the physical transportation of goods and cargo as part of supply chain or logistics management,”
is stated by?
Seitz
Transportation provides two major logistics services: (functionality)
- product movement
- product storage
basic value provided by transportation
to move inventory to specified destinations throughout the supply chain.
forms of products moved
the form of materials, components, work in process, or finished goods,
performance of transportation is vital to
- procurement,
- manufacturing, and
- customer relationship management.
a less visible aspect of transportation is the provision of product storage.
PRODUCT STORAGE
can also be used for temporary product storage at shipment origin or destination.
transport vehicles
another transport service having storage implications is
diversion.
occurs when the original shipment is changed after a product has been shipped
Diversion
role of transport
to facilitate the movement of goods
the process of planning, implementing, and controlling the effective and efficient flow of goods and services from the point of origin to the point of consumption.
Logistics
according to __ Logistics includes the integrated planning, control, realization, and monitoring of all internal and network-wide material, part, and product flow, including the necessary information flow, industrial and trading companies along the complete value added chain (and product life cycle) for the purpose of conforming to customer requirements.
Council of Logistics Management
Logistics includes the integrated:
integrated planning, control, realization, and monitoring of all internal and network-wide material
one of the primary processes of logistics, concentrating on purchasing and arranging the inbound movement of materials, parts, and/or finished inventory from suppliers to manufacturing or assembly plants, warehouses, or retail stores.
Inbound logistics
is the process related to the storage and movement of the final product and the related information flows from the end of the production line to the end user.
Outbound logistics
