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Logistics and SCM: Difference between revisions
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= Logistics and SCM = | |||
* '''''[[w:Logistics|Logistics]]''' is the [[w:process|process]] that integrates and co-ordinates the elements within the [[w:supply chain|supply chain]]'' ( Teacher slide core wikified ) | * '''''[[w:Logistics|Logistics]]''' is the [[w:process|process]] that integrates and co-ordinates the elements within the [[w:supply chain|supply chain]]'' ( Teacher slide core wikified ) | ||
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:::::[[w:Containerization]] ( 1960's) - | :::::[[w:Containerization]] ( 1960's) - | ||
::::::[[w:liquified natural gas|LNG powered ships]] ( 2010's )'' | ::::::[[w:liquified natural gas|LNG powered ships]] ( 2010's )'' | ||
== Modes of transport == | |||
'''[[w:Mode of transport]]''' is a term used to distinguish substantially different ways to perform transport. ( Wikipedia ) | '''[[w:Mode of transport]]''' is a term used to distinguish substantially different ways to perform transport. ( Wikipedia ) | ||
'''4 strategic decisions''' | |||
# What [[w:modes of transport]] to use ? | |||
# What [[w:carrier|carrier]]s in each mode will the use ? | |||
# Own [[w:fleet]] or hire outsiders ? ( [[w:private carrier|private carrier]] or [[w:common carrier]]) | |||
# Will the company manage transportation operations or [[w:Outsourcing|hire a 3rd party]] ? | |||
*'''[[w:Fleet vehicles|Fleet vehicles]]''' are groups of [[w:motor vehicle|motor vehicle]]s owned or leased by a business or government agency, rather than by an individual or family. Typical examples are vehicles operated by [[w:Car rental|car rental companies]], [[W:Taxicab|taxicab companies]], [[w:Public utility|public utilities]], public bus companies, and police departments. In addition, many businesses purchase or lease fleet vehicles to deliver [[w:good (economics)|goods]] to customers, or for sales representatives to travel to clients. ( Wikipedia ) | |||
'''[[w:Reverse logistics]]''' stands for all operations related to the reuse of products and materials. It is "the process of planning, implementing, and controlling the efficient, cost effective flow of raw materials, in-process inventory, finished goods and related information from the point of consumption to the point of origin for the purpose of recapturing value or proper disposal. ( Wikipedia ) | '''[[w:Reverse logistics]]''' stands for all operations related to the reuse of products and materials. It is "the process of planning, implementing, and controlling the efficient, cost effective flow of raw materials, in-process inventory, finished goods and related information from the point of consumption to the point of origin for the purpose of recapturing value or proper disposal. ( Wikipedia ) | ||
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* '''[[w:Reverse logistics|Reverse logistics]]''' is also needed in SCM ( already discussed in [[Logistics]] ) | * '''[[w:Reverse logistics|Reverse logistics]]''' is also needed in SCM ( already discussed in [[Logistics]] ) | ||
* '''[[w:International]] logistics''' vs. | |||
* '''[[w:Global sourcing|Global sourcing]]''' is the practice of [[w:sourcing|sourcing]] from the global market for goods and services across [[w:geopolitical|geopolitical]] boundaries. Global sourcing often aims to exploit global efficiencies in the delivery of a product or service. These efficiencies include low cost skilled labor, low cost raw material and other economic factors like tax breaks and low trade tariffs. ( Wikipedia ) | * '''[[w:Global sourcing|Global sourcing]]''' is the practice of [[w:sourcing|sourcing]] from the global market for goods and services across [[w:geopolitical|geopolitical]] boundaries. Global sourcing often aims to exploit global efficiencies in the delivery of a product or service. These efficiencies include low cost skilled labor, low cost raw material and other economic factors like tax breaks and low trade tariffs. ( Wikipedia ) | ||