BMO 2201 Lecture Notes - Lecture 9: E-Commerce, Information Technology
24 Dec 2018
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Document Summary
Logistics what define it and research are made. Overview of logistics: logistics of business is big and important, the logistical value proposition, the work of logistics, logistical operations, logistics integration objectives, logistical operating arrangements, flexible structure, supply chain synchronization. What is logistics: logistics is the design and administration of systems to control movement and geographical positioning of raw materials, work-in-process, and finished inventories at the lowest total cost. Logistics has risen to a key position in the global economy: postwar u. s. (1945-1995) Global leader in distribution and logistics, as a direct result of. World war ii: rise of eec and asia (1980-2000) Both regions became major exporters and distributors: e-commerce (1998-present) Logistics will continue its renaissance in the future: information technologies will automate many of the traditionally manual logistical functions: Advanced technologies for warehousing and inventory operations: removal of trade barriers will continue to expand global trade and logistics.
