Logistics


Logistics is the flow of funds, goods and information between origin and consumption. Logistics involves information, material handling, production, packaging, inventory, transportation, warehousing and often security.

CIPS Procurement Topics

Related concepts

Just-In-Time (JIT)

If you produce only what you need when you need it, then there is no room for error (Russell and Taylor)

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Cross-Docking

Cross-docking can bring substantial sav-ings in transportation costs without in-creasing the inventories, while at the same maintaining the level of customer service (Apte and...

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Obsolescence

The issue of obsolescence in the supply chain is not new. However, its profile has increased in line with the European Union’s vision of creating and implementing a sustainable...

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