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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.
A fourth party logistics provider has no owned transport assets or warehouse capacity. They have an allocative and integration function within a supply chain with the aim of increasing the efficiency of it. The concept of a fourth-party logistics provider was born in the 1970s by the consulting company Accenture.
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]
A supply chain is a complex logistics system that consists of facilities that convert raw materials into finished products and distribute them [1] to end consumers [2] or end customers. [3] Meanwhile, supply chain management deals with the flow of goods in distribution channels within the supply chain in the most efficient manner.
Crowdshipping, sometimes referred to as crowd logistics, [1] applies the concept of crowdsourcing to the personalized delivery of freight.Crowdshipping can be conceived as an example of people using social networking to behave collaboratively and share services and assets for the greater good of the community, as well as for their own personal benefit.
Supply chain engineering is the engineering discipline that concerns the planning, design, and operation of supply chains. [1] [2] Some of its main areas include logistics, production, and pricing.
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 ...
Logistic function, a sigmoid function used in many fields . Logistic map, a recurrence relation that sometimes exhibits chaos; Logistic regression, a statistical model using the logistic function