Unit 8

Front

A business and industry which acts as a third party local representative and distribution point for a manufacturing firm.

Back

Distributor

Front

_____ is the systematic and coordinated set of activities required to provide the physical movement and storage of goods (raw materials, parts, finished goods) from vendor/supply services through company facilities to the customer (market) and the associated activities - packaging, order processing, etc. in an efficient manner necessary to enable the organization to contribute to the explicit goals of the company

Back

Business Logistics

Front

An organization which provides logistics services as an intermediary between the shipper and the carrier, typically on international shipments.

Back

Freight forwarder

Front

______ is that part of supply chain management that 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 customers' requirements.

Back

Logistics management

Front

______ is an independent computer systems, owned by independent organizations, linked in a manner to allow direct updates to be made to one system by another

Back

Linked distributed system

Front

______ is a term describing the process whereby machines are remotely monitored for status and problems reported and resolved automatically or maintenance scheduled by the monitoring systems.

Back

Machine-to-Machine interface (M2M)

Front

______ is a comprehensive, system-wide view of the entire supply chain as a single process, from raw materials supply through finished goods distribution. All functions that make up the supply chain are managed as a single entity, rather than managing individual functions separately

Back

Integrated logistics

Front

The network of supply chain participants engaged in storage, handling, transfer, transportation, and communication functions that contribute to the efficient flow of goods.

Back

Logistics channel

Front

______ is a computerized system to electronically transmit logistics information

Back

Logistics data interchange (LDI)

Front

It encompasses the planning and management of all activities involved in sourcing and procurement, conversion, and all logistics management activities

Back

Supply Chain Management