TITLE

IT and the Total Logistics Concept

AUTHOR(S)
Sussams, John
PUB. DATE
September 1992
SOURCE
Management Services;Sep92, Vol. 36 Issue 9, p18
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
In describing a logistic system the traditional approach is to think of a network in which raw materials from various sources are processed in one or more production units, the finished product then being distributed via national and/or regional distribution centres to customers, where the customers are either retail outlets or consumers. Money (cash) and information about money (cheques etc.) are transferred from the store to the retailer's bank. The easiest way to describe the role of IT in logistics is by analogy. IT is to information what transport is to goods. Money, except when in the form of banknotes, and coins, is also handled as information. Improvement in IT means improvement in performance in terms of both speed and accuracy. The key time to monitor is the time from receiving an order to the time when payment is received for the delivery of that order. With the modern information technology and modern transport systems, it is possible to pick, pack and deliver goods to most customers within 24 hours.
ACCESSION #
12422868

 

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics