LOGISTICS MANAGEMENT 344 QUESTIONS AND ANSWERS A+
GRADED .Buy Quality Materials!
supply chain management
a management system that coordinates and integrates all of the activities performed by
supply chain members into a seamless process, from the source to the point of
consumption, resulting in enhanced customer and economic value
logistic management
Planning, implementing, and controlling the efficient and effective flow and storage of
products and information from the point of origin to consumption to meet customers'
needs and wants
inbound logistics
The area of logistics that involves bringing raw materials, packaging, other goods and
services, and information from suppliers to producers.
outbound logistics
distributes goods and services to customers
internal logistics
material handling and storage within a facility
order processing
the receipt and transmission of sales order information
transportation
The process by which passengers or goods are moved or delivered from one place to
another.
Inventory Management
Developing and maintaining adequate assortments of products to meet customers'
needs
Material Handling
the physical handling and movement of products in warehousing and transportation
Warehousing
the design and operation of facilities for storing and moving goods
information technology
involves operating computer networks that can store and process data
party logistics
parties involved in moving of goods
Supply Chain Functions
forecasting, procurement, purchasing, inventory management, quality control,
distribution, delivery, return processing, customer service
Procurment
the purchasing of materials
quick response
an inventory management system used in retailing; merchandise is received just in time
for sale when the customer wants it
GRADED .Buy Quality Materials!
supply chain management
a management system that coordinates and integrates all of the activities performed by
supply chain members into a seamless process, from the source to the point of
consumption, resulting in enhanced customer and economic value
logistic management
Planning, implementing, and controlling the efficient and effective flow and storage of
products and information from the point of origin to consumption to meet customers'
needs and wants
inbound logistics
The area of logistics that involves bringing raw materials, packaging, other goods and
services, and information from suppliers to producers.
outbound logistics
distributes goods and services to customers
internal logistics
material handling and storage within a facility
order processing
the receipt and transmission of sales order information
transportation
The process by which passengers or goods are moved or delivered from one place to
another.
Inventory Management
Developing and maintaining adequate assortments of products to meet customers'
needs
Material Handling
the physical handling and movement of products in warehousing and transportation
Warehousing
the design and operation of facilities for storing and moving goods
information technology
involves operating computer networks that can store and process data
party logistics
parties involved in moving of goods
Supply Chain Functions
forecasting, procurement, purchasing, inventory management, quality control,
distribution, delivery, return processing, customer service
Procurment
the purchasing of materials
quick response
an inventory management system used in retailing; merchandise is received just in time
for sale when the customer wants it
