Logistics Definition :Supply Chain Management, SCRC Articles Library
Logistics Definition: Supply Chain Management Articles
A supply chain that is dedicated to the reverse flow of products and materials for returns, repair, remanufacture, and/or recycling. Source: http://www.apics.org/ (10th ed.)
The process related to the storage and movement of the final product and related information flows from the end of the production line to the end user. Sources: Christopher, M. (1998). Logistics and Supply Chain Management: Strategies for reducing cost and improving service, (2nd Ed.). New York: Prentice Hall. http://www.esri.com/industries/logistics/glossary.html#f-l
Logistics management is the process of strategically managing the procurement, movement and storage of materials, parts and finished inventory (and the related information flows) through the organization and its marketing channels in such as way that current and future profitability are maximized through the cost-effective fulfillment of orders. Source: Christopher, M. (1998). Logistics and Supply Chain Management: Strategies for reducing cost and improving service, (2nd Ed.). New York: Prentice Hall.
Converting data to information, portraying it in a manner useful for decision making, and interfacing the information with decision-assisting methods are considered to be at the heart of an information system. Logistics information systems are a subset of the firm’s total information system, and it is directed to the particular problems of logistics decision making. There are three distinct elements that make up this system: the input the database and its associated manipulations and the output Logistics: The Inputs The inputs are data items needed for planning and operating logistics system obtained from sources like customers, company records, and
Following the receipt of materials, parts or resale products from external suppliers, the subsequent storage, handling, and transportation requirements to facilitate either manufacturing or market distribution constitute inbound logistics. Source: Bowersox, D.J., Closs, D.J., & Cooper, B.M. (2002). Supply Chain Logistics Management. Burr Ridge, Boston: McGraw Hill. See: Interplant Transfer, Outbound Logistics
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