In: Operations Management
3. Why are businesses in all types of industries placing far greater emphasis on design and management logistics process and the integration of those processes?
Businesses in all types of industries placing far greater emphasis on design and management logistics process and the integration of those processes:
As this question is emphasizing on the need for the designing and management of logistics process:
Logistics is the process of planning and executing efficient transportation and storage of goods from the point of origin to the point of consumption. The goal of logistics is to meet customer requirements in a timely, cost-effective manner.
Efficient management is the key to success, especially in supply chain management. for this logistics planning is a vital tool in order to achieve the smooth flow supply chain management.
Design for logistics is the design of products for manufacturing, packaging, merchandising, etc, nowhere the major goal is to achieve cost efficiency less environmental impact, smooth flow of items.
Effective logistics management gives the organization the following benefits: