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Logistics is the management of the flow of goods, information & other resources, including energy and people, between the point of origin and the point of consumption in order to meet the requirements of consumers
 
Logistics involves the integration of information, transportation, inventory, warehousing, material-handling, packaging and occasionally security.
 
Logistics is a channel of the supply chain which adds the value of time and place utility.
 
Logistics Management: Logistics management is that part of the supply chain which includes planning, implementation and control for 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 & legal requirements.
 

Third-party logistics: Third-party logistics involves the utilization of external organizations to execute logistics activities that have traditionally been performed within an organization itself.

 
Third party logistics includes any form of outsourcing of logistics activities previously performed in-house
 
Warehouse Management System & Warehouse Control System
 
The WMS plans a weekly activity forecast, based on factors such as statistics, trends and so forth, whereas a WCS acts like a floor supervisor, working in real time to get the job done by the most effective means.
 
 
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24 April 2009
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