BBA 428 Week 1 WA.docx - Logistics is the process of moving...

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Logistics is the process of moving goods through a supply chain in a company, this involves many functions there are some that are more impactful than others. With most business becoming more global these functions are still vital but other complications need be acknowledged and addressed. When we more products from one county to another we also find other issues that may impact the effectiveness of the supply chain and logistics that are out of control of the company but will need to be addressed for business to continue. For a supply chain and logistics business or the process to be effective and efficient all the functions and other concerns must properly be managed. There are many functions that are considered important in the role of logistics some major functions would include order processing, inventory control, warehousing, transportation and packaging. Order processing is one major function it involves purchase orders (PO). POs are considered a legal document describing the transactions between the buyer and the supplier. Inventory control is a function required to insure the appropriate levels of inventory are maintained. It is also important keep the carrying cost low but still having the product on hand to meet the customers demand when the PO comes in. That is why inventory can be the largest cause of profit lost. The carrying cost include financing the inventory, insurance, storage, loss, damage and pilferage (Mukit). Inventory control requires another major function in logistics
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