fp15 - Ashley Stephens MAR 456 Professor Tucker Focal...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Ashley Stephens MAR 456 Professor Tucker Focal Problem 15 Logistics issues are very important to the overall success of a firm. They are needed to not only lower costs but decrease the risk of noncompetiveness due to diminished market share, expensive supplies, or lower profits. International logistics refers to the design and management of a system that controls the flow of materials into, within, an out of the international corporation. A systems approach will help the firm to relate the various components of logistics that are internal and external to the corporation. A major part of logistics is the two phases: materials management and physical distribution. Logistics management focuses on coordinating both phases and their components in order to achieve maximum cost effectiveness. There are three major concepts of logistics: systems concept, total cost concept, and trade concept. International marketers need to certain consider factors in global logistics and materials management. These factors include transportation, international inventory, storage
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 01/02/2012 for the course MAR 456 taught by Professor Tucker,f during the Spring '08 term at Syracuse.

Ask a homework question - tutors are online