Chapter 12

Chapter 12 - BUS 370: Logistics Chapter 12 Donavon Favre...

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BUS 370: Logistics Chapter 12 Donavon Favre College of Management North Carolina State University 1
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Chapter Objectives Be able to: Describe why logistics is important and discuss the major decision areas that make up logistics List the strengths and weaknesses of the various modes of transportation and discuss the role of multimodal solutions. Identify the major types of warehousing solutions and their benefits. Calculate transportation costs for various shipment methods Explain what reverse logistics systems are, and some of the unique challenges they create for firms 2
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Logistics Planning, implementing, and controlling the efficient, effective forward and reverse flow and storage of goods, services and related information between the point of origin and the point of consumption in order to meet customer’s requirements http://www.youtube.com/watch?v=mRAHa_Po0Kg 3
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Logistics Business Activities Transportation Warehousing (and more generally, location) Material handling Packaging Inventory management Logistics information systems Logistics service providers 4
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Why the Increasing Interest? Deregulation Globalization Technological breakthroughs Environmental concerns - Sustainability Performance impact 5
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(Worldwide Statistics) Year Expenditures % GDP 1997 $5,095 Billion 13.4% 2002 $6,732 Billion 13.8% Change +32% +3% What is driving this activity? 6
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This note was uploaded on 10/27/2011 for the course BUS 370 taught by Professor Favre during the Fall '08 term at N.C. State.

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Chapter 12 - BUS 370: Logistics Chapter 12 Donavon Favre...

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