Inbound Logistics


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

 

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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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Reverse Supply Chain / Reverse Logistics

... [A] well-managed reverse logistics system allows the company to retain contact with customers and derive valuable feedback from them (O’Connell, 2007).

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