Article | REF: AG5023 V1

Logistics and Supply-Chain Management facing major challenges

Author: Jacques COLIN

Publication date: March 10, 2017

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6. Glossary

Logistics

All the technical operations specific to the implementation and management of goods flows (transport, handling, warehousing, packaging, order preparation, inventory management, etc.), present in the three "flow functions" of distribution, production and purchasing.

Logistics Management (ML)

Manage and steer the company's physical flow of goods through virtual flows of associated information, to simultaneously meet customer requirements and those of sustainable development.

Supply Chain (SC)

The three "flow functions" of distribution, production and purchasing are integrated and synchronized by logistics management.

Internal Supply-Chain (ICS)

A group formed by the supply chain and other internal company functions...

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