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What are the three important concepts relevant to the logistics management by an organization?
An organization's logistics management involves efficiently regulating the flow of goods and services all the way from their point of origin to the final recipient of the good or service - the consumer. In order to accomplish this effectively, an organization must integrate, in the most efficient manner it possibly can, its three most important elements: time, resources and people.
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What are the three important concepts of Logistics management?
The cost trade off The total cost concept The total system concept
What are the concepts of logistics management?
Concepts of Logistics management are to supply chain which plans, implements and controls the efficient, effective forward and reverse flow and storage of goods, services and related information between the point of origin and the point of consumption in order to meet customer and legal requirements.
What is the concept of logistics management?
Concepts of Logistics management are to supply chain which plans, implements and controls the efficient, effective forward and reverse flow and storage of goods, services and related information between the point of origin and the point of consumption in order to meet customer and legal requirements
Which of the concepts below belongs to IT Service Continuity Management?
Maintainability
Is customer problem is the basic charateristics of project management?
No. Project Management is a large topic that includes a variety of concepts that can be used to handle a project successfully.
What are the three important concepts of Logistics management?
The cost trade off The total cost concept The total system concept
What are the concepts of logistics management?
Concepts of Logistics management are to supply chain which plans, implements and controls the efficient, effective forward and reverse flow and storage of goods, services and related information between the point of origin and the point of consumption in order to meet customer and legal requirements.
How the concept of management theory jungle can be applied in Nigerian organization?
what are the concepts of management theory jungle and how nigerian managers can benefit from this theory.
What is the concept of logistics management?
Concepts of Logistics management are to supply chain which plans, implements and controls the efficient, effective forward and reverse flow and storage of goods, services and related information between the point of origin and the point of consumption in order to meet customer and legal requirements
What has the author Richard F Benedetto written?
Richard F. Benedetto has written: 'Management concepts for the '90's' -- subject(s): Matrix organization, Project management
What is the difference between marketing concepts and marketing management concepts?
demand management and consumer relationship
What is globalization and international management?
international management is process of applying management concepts and techniques in a multinational environment and adapting management practices in different economic,political, and cultural environment.
Why study organization and management?
Studying organization and management provides valuable insights into how businesses and individuals can work together effectively to achieve collective goals. It helps improve productivity, creativity, and decision-making within a company, leading to overall success and growth. Understanding these concepts also enhances leadership skills and the ability to adapt to changing environments in the business world.
What are some concepts of database management?
Concepts included in database management are design, data integrity, security, and current updates. Also included are administration and management. There are many resources for this topic.
Difference between 3pl and 4pl logistics?
The difference between a 3pl (third party logistics) firm and 4pl (fourth party logistics) company is the access to resources. The 3pl company will be the traditional integrated company that provides logistics such as shipping firms, warehousing, and data management. The 4pl company will take all those services and go one step further by developing methods, computer systems, and concepts brought to function via all the same resources that a 3pl provides.
Difference between strategic financial management and financial management?
The difference between strategic financial management and financial management lies in their focus and scope. Financial management primarily involves managing an organization's day-to-day finances, such as budgeting, accounting, and cash flow management. Strategic financial management, on the other hand, focuses on long-term financial planning aligned with the organization’s goals and objectives. It involves making decisions that not only improve current financial performance but also ensure the organization's future financial stability and growth. For expert insights on strategic management concepts, visit PMTrainingSchool .Com (PM training).
What are management theories and concepts and their examples in corporate companies?
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