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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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Logistics and distribution operations, heavily impacted by input cost increases, are one area where companies can look for increased efficiency to at least partially offset cost escalation. CNH and Cat Logistics Sign Long Term Agreement--Following 10 years of successful collaboration, CNH Global N. TODaY'S LOGISTICS InVOLVeS SOPHISTICaTeD SuppLY CHaIn managemenT appLICATIOnS InFuSeD WITH COLLaBOraTIVe capaBILITIes, aLL running on TOp oF an InTerneT-BaseD e-commerce InFrasTrucTure--anD FULLY InTegraTeD WITH BaCK-OFFICe InFormaTIOn SYSTemS TO creaTe a SeamLeSS SYSTem FrOm proDuCT DeveLOpmenT TO DeLIVerY. |
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Logistics