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Business Logistics Management
1. Introduction
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Business Logistics Definition
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Supply Chain
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Activity Mix
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Importance of Logistics
Costs are significant Supply and distribution lines are lengthening Logistics is important to strategy Logistics adds significant customer value Customer increasingly want quick customized response
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Costs are significant
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Customers, demand centers sinks Field Warehouses: stocking points Sources: plants vendors ports Regional Warehouses: stocking points Supply Inventory & warehousing costs Production/ purchase costs Transportation costs Transportation costs Inventory & warehousing costs
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Logistics is important to strategy
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Customer increasingly want quick customized response
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Logistics in the Firm
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Logistics Objective in Business
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Approach to study logistics
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