Logistics - ALGSoftwareKeyVerticals Logistics &...

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ALG Software Key Verticals Logistics & Transportation Definition Logistics is the process of planning, implementing and controlling the flow and storage of  goods   and   services   and   related   information   from   the   point   of   origin   to   the   point   of  consumption.  Supply chain management provides supervision and direction for the various  parts   of   the   distribution   system   including   production   scheduling   and   inventory   control,  transportation, warehousing, wholesaling, retailing and brokerage. Specific Sector Issues At the global level, the furious pace of economic growth in Asia and the strong economic  upturn in the US has led to transport capacities being overloaded.   International goods  trafficking have also been driven by the outsourcing of operations to Asia and the new EU  states.  Whilst this has meant that the transport capacities from Asia to Europe were always  fully utilised, shipping lines at times struggled to fully load freight ships for the return trip to the  Far East, forcing some providers to arrange the carriage of scrap metal or plywood to the Far  East.  Since the supply of sea freight capacity and empty containers was generally unable to  keep pace with the development in demand, there have been massive rises in certain freight 
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This note was uploaded on 11/08/2009 for the course ISYS 2350 taught by Professor Joserf during the Three '08 term at University of Sydney.

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Logistics - ALGSoftwareKeyVerticals Logistics &...

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