Logistics deals with the planning and control of material flows and related information
in organizations, both in the public and private sectors. Broadly speaking, its mission
is to get the right materials to the right place at the right time, while optimizing a
given performance measure (e.g. minimizing total operating costs) and satisfying a
given set of constraints (e.g. a budget constraint). In the military context, logistics is concerned with the supply of troops with food, armaments, ammunitions and spare
parts, as well as the transport of troops themselves.
In civil organizations, logistics
issues are encountered in firms producing and distributing physical goods. The key
issue is to decide how and when raw materials, semi-finished and finished goods
should be acquired, moved and stored. Logistics problems also arise in firms and
public organizations producing services. This is the case of garbage collection, mail
delivery, public utilities and after-sales service.
Download complete topic in pdf
0 comments:
Post a Comment