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Logistics |
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Logistics The overall management of the way resources are moved to the areas where they are required. Notes: This term originated in a military context, referring to how personnel acquire, transport, and store supplies and equipment. In the business community, the term is used to refer to how resources are acquired, transported and stored along the supply chain. By having an efficient supply chain and proper logistical procedures, a company can cut costs and increase efficiency. |
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Jeff Papows, 46, was named chief executive of Burlington, MA-based, Maptuit, a supplier of wireline and wireless Internet Location-based and eLogistics services. Today, we are the only elogistics company in the world offering this type of trade compliance service. Witt joined FedEx in 2000 as vice president and general manager of FedEx eLogistics, a business focused on warehousing and fulfillment for the e-commerce market. |
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