The word logistic has originated from Greek word ‘Logistikos’ and the Latin word ‘Logisticus’ which means science of computing & calculating In ancient times it was used more in connection with moving armies, the supplies of food & armaments to the war front. During World War II logistics gained importance in army operations covering the movement of supplies, men & equipment across the border Today It has acquired the wider meaning and is used in the business for the movement of material from suppliers to the manufacturer and finally the finished goods to the consumers.
Logistics involves the integration of the production and delivery of a product or service in order to ensure efficient and effective management. Originally, logistics was…show more content…
• Consolidate product movement by grouping shipments.
• Maintain high quality and engage in continuous improvement.
• Support the entire product life cycle and the reverse logistics supply chain.
An effective logistics management strategy depends upon the following tactics:
• Coordinating functions (transportation management, warehousing, packaging, etc.) to create maximum value for the customer.
• Integrating the supply chain.
• Substituting information for inventory.
• Reducing supply chain partners to an effective minimum number.
• Pooling
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In that way, Refresco Purchasing Buyers of the raw materials will have an overall picture of the entire inbound transportation and warehousing activity, which among others enables finding possibilities in coordination, as well as the use of knowledge and expertise about both the transportation and warehousing market and buying power that the purchasing department of Refresco has. By doing so, the department of purchasing will be able to concentrate on their core business, at the same time as the transportation cost and the total logistic cost of the inbound flows could be minimized. In order for this solution to work, Refresco Purchasing department need to work more
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Furthermo... ... middle of paper ... ... want to be connected to assembly lines and conscious of demand throughout the supply chain. Purchasing and supply management occur at all stages of the supply chain. At each level, logisticians exercise their responsibilities to demand and replace products for their businesses from select suppliers to meet demand. Disorganized supply functions can occur anywhere in the supply chain when there is a fracture in communication. In the article, “Supply Chain Management: More Than Integrated Logistics”
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