Ad
related to: logistics meaning with example sample
Search results
Results from the WOW.Com Content Network
According to this definition, third-party logistics includes any form of outsourcing of logistics activities previously performed in house. For example, if a company with its own warehousing facilities decides to employ external transportation, this would be an example of third-party logistics. Logistics is an emerging business area in many ...
This is more restricted than the military definition. [8] Logistics is an enabler of military operations, not an end in itself. [9] Poor logistics can result in defeat, but even the best logistics cannot guarantee victory. Conversely, the best possible logistics is not always required: fit for purpose can suffice. [10]
Second-party logistics arose in the course of the globalization and the uprising trend of lean management when the companies began to outsource their logistics activities to focus on their own core competencies. Examples are courier, express and parcel services; ocean carriers, freight forwarders and transshipment providers.
A freight forwarder or forwarding agent is a person or a company who co-ordinates and organizes the movement of shipments on behalf of a shipper (party that arranges an item for shipment) by liaising with carriers (party that transports goods).
The difference in these two ranges probably reflects the wording. For example, 120 mobiles may mean radios: 60 units each containing a mobile radio and an officer with a walkie talkie. [6] For dispatch systems like take-out food delivery, where life safety is not an issue, delays may be acceptable. Delays increase capacity.
Integrated logistics [1] support (ILS) is a technology in the system engineering to lower a product life cycle cost and decrease demand for logistics by the maintenance system optimization to ease the product support. Although originally developed for military purposes, it is also widely used in commercial customer service organisations. [2]
Logistics engineers work with complex mathematical models that consider elements such as mean time between failures (MTBF), mean time to failure (MTTF), mean time to repair (MTTR), failure mode and effects analysis (FMEA), statistical distributions, queueing theory, and a host of other considerations. For example, if we want to produce a system ...
Design for logistics is a series of concepts in the field of supply chain management involving product and design approaches that help to control logistics costs and increase customer service level. These concepts were introduced by Professor Hau Lee of Stanford University , and have the three key components: Economic packaging and ...
Ad
related to: logistics meaning with example sample