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A warehouse in South Jersey, a U.S. East Coast epicenter for logistics and warehouse construction outside Philadelphia, where trucks deliver slabs of granite [1]. Logistics is the part of supply chain management that deals with the efficient forward and reverse flow of goods, services, and related information from the point of origin to the point of consumption according to the needs of customers.
The security-management system for supply chains is described in ISO/IEC 28000 and ISO/IEC 28001 and related standards published jointly by the ISO and the IEC. Supply Chain Management draws heavily from the areas of operations management, logistics, procurement, and information technology, and strives for an integrated approach.
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Starting in the 1990s, several companies chose to outsource the logistics aspect of supply-chain management by partnering with a third-party logistics provider (3PL). Companies also outsource production to contract manufacturers. [34] Technology companies have risen to meet the demand to help manage these complex systems.
Established in 1962, Logistics Management magazine is published monthly. Special reports, like the Logistics Outlook in January and the Buyers Guide in December, are provided on an annual basis. Reed Business Information closed Logistics Management on April 16, 2010. On April 23, Reed sold its closed Supply Chain publications to a new company ...
Global logistics and supply chain management are critical components of international business operations, ensuring the seamless flow of goods, information, and services across borders. This field involves the strategic planning, coordination, and optimization of all activities related to sourcing, production, distribution, and logistics on a ...
Supply chain management; Supply Chain Management (journal) Supply Chain Management Review; Supply chain network; Supply chain operations reference; Supply chain optimization; Supply chain resilience; Supply chain risk management; Supply chain security; Supply chain surplus; Supply chain sustainability; Supply network operations; Supply-chain ...
With Kennedy's support, the Logistics Management Institute (LMI) was founded three weeks later on October 3, 1961. Initially based out of an office in The Pentagon; LMI consisted of fewer than a dozen employees at its formation. During the following year, LMI grew considerably, more than doubling its staff and relocating to a new office.