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2 LOGISTICS- OVERVIEW B

2 LOGISTICS- OVERVIEW B

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Published by ashish.bms9
Logistics 5th Semester
Notes for lectures
Logistics 5th Semester
Notes for lectures

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Published by: ashish.bms9 on Jun 25, 2008
Copyright:Attribution Non-commercial

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04/04/2013

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1
 
Logistics and Supply Chain Management,development of concepts.
[TheManagement of Business Logistics byCoyle, Bardi, Langley Page # 13]
 
1950s, first post war
 
decade
Decade of awarenessImportance of physical movement of materials to customersFocus on costs of these activitiesIdea of total cost: Total cost and itscomponentsImportance of mode of transport
 
2
 
1960s
 – 
Electronics era
Emergence of Physical DistributionManagementIntegration of activities of outboundlogisticsInformation as an important element of Physical Distribution ManagementImpact of electronics on information
 
3
1970s
 Integration of some aspects of financialsubsystem – recovery, cash flowFocus on activities of inbound logistics untilconsidered to be vendors’ concern

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