By Donald Waters
The absolutely revised new version of this renowned and revered booklet is characterised through the extra overseas standpoint it has taken on via contributions from across the world identified authors and a last part on foreign logistics which examines in flip options for West and East Europe, the some distance East and North America.
Logistics has a key strategic position to play within the long term plans of significant businesses, and is famous as an essential component of each association. To a wide volume this significant new position is because of an increased view of logistics, which now comprises all of the actions relating to the availability chain from preliminary providers via to ultimate customers.
This publication presents a wealth of worthwhile rules and useful details on all of the present and destiny developments in logistics and distribution. Written through a bunch of members drawn from undefined, fidelity and schooling, this publication offers new insights into the main major elements of logistics, including:
From logistics execs, specialists, professors and scholars to managers from varied backgrounds who wish an appreciation of present developments within the topic, this publication is key reading.
About the writer: Donald Waters, a prior member if the Institute of Logistics and at the moment a member of the Canadian organization of Logistics administration, has lectured weekly on logistics, operational learn and administration technological know-how, and has introduced his educational profession to fruition as Professor of Operations administration on the college Calgary, Canada. he's additionally the writer of Operations administration within the Kogan web page speedy song MBA sequence.
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Extra resources for Global Logistics and Distribution Planning: Strategies for Management
Sample text
In other words, as items are consumed or purchased, this information is transmitted to the supplier, and this immediately triggers a response. Often more rapid, smaller consignment deliveries will be made; the trade-off being that any higher transport costs 28 ❚ Global logistics and distribution planning will be more than covered by reduced inventory in the pipeline and at either end of it, yet with improved service in terms of responsiveness. Clearly information technology has been a major enabling factor in quick response logistics, linking the point of sale or consumption with the point of supply.
Rushton (1994) gives a list of measures that are used by grocery retailers, ranging from cost as a percentage of company sales to overtime hours as a percentage of total hours. Lennox (1995) reports a survey by KPMG that lists the most widely used measures of customer service, starting with the proportion of items supplied at first demand, the number of order-pick errors, availability of back orders, proportion of orders satisfied in full, amount of damage – and continuing down to lead time, courtesy of staff and ease of ordering.
Reducing costs Approaches such as lean logistics concentrate on reducing costs as much as possible. This normally benefits everyone, as logistics operators can offer competitive prices, and their customers are happy to pay as little as possible. Many organizations have reduced their logistics costs to levels that affect their whole operations. Lower transport costs, for example, allow organizations to work over a wider geographical area, which is why manufacturers in Asia can deliver goods anywhere in the world at prices that compare with domestic companies.
