Here we’ll strive to define some commonly used logistics terms. Logistics has evolved to a greater extent than ever thought possible and this has been attributed mainly due to the modern business enterprises which have focused attention on its development. Logistics can be defined as delivering products at the right time, for a right price, at the right place and in the right condition. The role of the manager of the logistics department is to handle the various related tasks and to assign responsibilities that pave the way for logistics to be recognized as an integral part of any organization.
There are some logistics terms which relate directly to the concept, and any aspirant who wants to have a deep insight into the overall procedure of logistics must be aware of these frequently used phrases.
Certificate of Origin: This refers to a certified document that is used in foreign commerce with regard to the origin of goods. This document certifies that the products which are ready to be exported have been manufactured in a specific geographical location and country. This certificate is sent to the importer by exporter of the product. This may be beneficial in claiming any concessions. This certificate needs to be signed by the exporter of the product and needs to be certified by the local chamber of commerce. Continue reading “Logistics Terms Explained”
In this article, we’ll try to present an overview of logistics courses and how they can enhance your career. Logistics and transportation management is a discipline that is concerned with the effective and efficient flow of materials in an economic and industrial system. Logistics management follows a systems approach for the management of several sub-disciplines such as customer service, traffic management, inventory control, location analysis and materials handling. Transportation management is concerned with the domestic and international transport management in the economic work environment of today.
The study of Logistics and transportation management serves as a specialized program for people who intend to make a career in logistics and transportation such as carriers, shippers and government agencies. For a career in the field of logistics, you will need to have taken the requisite logistics courses, in addition to possessing adequate computer knowledge and analytical skills and being an effective communicator. Continue reading “Logistics Courses – A Great Idea For A Career”
Logistics is defined as the art and science of controlling and managing the flow of energy, goods, products, services, people and information from the point of origin to the point of destination. Tasks such as manufacturing and marketing cannot be performed without effective logistical support.
Logistics services from a company like Landstar trucking company can include the integration of several factors such as inventory, information, transportation, material handling and warehousing, having operating responsibility in the geographical repositioning of resources such as raw materials and work-in-process.
Logistics is believed to have evolved from the needs of armed forces in ancient times. They required that adequate supplies of resources reached them on time and in good condition, whether they were in base camp or at the front. The Greek and Roman empires had military officers who were assigned the task of handling all supply distribution matters and were called ‘Logistikas’. Continue reading “Logistics: Managing Flow With Accuracy”
Logistics can be classified as an enterprise planning framework for material management, information, service and capital flows. Logistics, when seen in the context of the modern day work environment, may include information that is complex in nature while giving importance to all the communication and control system that are essential in today’s businesses.
To simplify, logistics has been defined as having the right type of product or service at the right place, at the right time, for a right price and in the right condition.
Logistics has evolved as a common and well-known business concept because of the ever increasing complexities of modern day business. The primary goal is to effectively manage the project life cycles and resultant efficiency. This has greatly evolved with a logistics manager’s role in promoting an efficient system of supply chain management.
In business terms, it can be summarized as a Continue reading “What Is Logistics, And Why Is It So Important To Business?”