Logistics

The process of strategically managing the procurement, movement, storage of materials, parts and finished inventory through the organization and its marketing channels in such a way that current and future profitability are maximized through the cost-effective fulfillment of orders

2015

Scholarcy highlights

  • The process of strategically managing the procurement, movement, storage of materials, parts and finished inventory through the organization and its marketing channels in such a way that current and future profitability are maximized through the cost-effective fulfillment of orders
  • The chapter outlines the key role of logistics as a process in the business environment and how it is likely evolving toward the concept of value chain management

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