the art and science of obtaining, producing, and distributing material and product in the proper place and in the proper quantities.
All functions concerned with the movement of materials and finished goods on a global scale.
Third-party logistics company
A company that manages all or part of another company's product delivery operations.
An approach used in consolidation warehouses where rather than making larger shipments, large shipments are broken down into small shipments for local delivery in an area.
Systems that combine the idea of consolidation and that of cross-docking.
Free trade zone
A closed facility (under the supervision of government customs officials) into which foreign goods can be brought without being subject to the payment of normal import duties.
A group of countries that agree on a set of special arrangements governing the trading of goods between member countries.
An approach for selecting a facility location by combining a diverse set of factors.
A special linear programming method that is useful for solving problems involving transporting products from several sources to several destinations.
A technique for locating single facilities that considers the existing facilities, the distances between them, and the volumes of goods to be shipped.