The Definition, Evaluation, and Role of Logistics In Business
The definition of logistics is simple. Logistics is the flow of material, information and money between consumers and suppliers. The confusions of logistics definition enters when it is confused with many of the buzzwords - mixed up with the objectives of logistics. Let we review five different contexts for logistics evaluation. 1. Workplace Logistics Workplace Logistics is the flow of material at single workstation . The objective of workplace logistics is to streamline the movements of individual working at machine or along the assembly line. Today, the popular name for workplace logistics is ergonomic. 2. Facility Logistics F acility Logistics is the flow of material between workstation within facilities. The facility could be a factory, terminal, warehouse, or distribution center. Facility logistics has been more commonly referred to as material handling. Today, the term of material handling has fallen out of favor because of its association with nonvalue added activities. I...