--%>

Functions of Logistics

What are the functions of Logistics as concerned with the movement of materials?

E

Expert

Verified

Functions of Logistics:

Logistics is concerned with movement of materials from source of supply to the place of production and movement of finished product from factory to consumers. The functions of logistics are:

• The main function of logistics is reducing the production costs by streamlining the supply chain. This is done by improving the efficiency of manufacturing with the appropriate shipment dimension, packaging and inventory levels.

• Logistics help in taking better advantage of various locations by expanding the markets and lowering the distribution costs.

• It is the function of logistics to provide timely goods and services along the supply chain with better management of inventory, location of goods and services and transportation.

• Logistics performs the controlling function from production to distribution. This enables much better marketing and demand response, therefore anticipating flows and allocates distribution resources accordingly.

   Related Questions in Biology

  • Q : Performance of enzymes in acid or basic

    Do enzymes perform better in acid or basic pH?

  • Q : Osseous cavity Describe what is the

    Describe what is the osseous cavity, at the location of pituitary gland?

  • Q : Explain natural passive immunity

    Explain natural passive immunity?

  • Q : Intensity - Perception Factor

    High intensity increases the chances of selection. If the message is bright, if sentences are underlined, it gets more attention than in normal case the greater the intensity of stimulus, the more likely it will be noticed.  

  • Q : Fecundation in amphibians is external

    Whether fecundation in amphibians is external or internal? Also explain whether amphibians are evolutionarily proximal to fishes or to reptiles?

  • Q : Explanation of inductive or latent

    Give a brief explanation of inductive or latent period?

  • Q : Concepts of efference and afference of

    According to function of transmitted neural impulse which are the types of the neurons? How dissimilar are concepts of efference and afference of neural impulse transmission?

  • Q : Endocrine function of the placenta

    Explain the endocrine function of the placenta?

  • Q : Trait Theory of Personality -

    This theory is defined as "any distinguishing, relatively enduring way in which one individual differs from another". Accordingly, trait theorists are concerned with the construction of personality tests (or inventories) that pinpoint individual differences in terms of specific traits. Tr

  • Q : Describe Market Research Market

    Market Research: The process of gathering, interpreting and analyzing information regarding to a market, regarding to a service or product to be offered for sale in such market, and regarding to the past, potential and present customers for the servic