What is the management of the flow of goods, information and other resources?

Logistics

apologize i'm not expert on this field

·         Hello Team,

·         Order fulfillment—activities involved with completing customer orders. Obviously, transportation and logistics would be an integral part of completing the orders since they directly impact delivery.

·         Traffic and transportation—the physical movement of goods.

·         Warehousing and storage—a number of ware-housing decisions directly impact logistics and transportation. For example, how many warehouses are needed, where should they be located, how large should they be, how much inventory should be held in each?

·         Plant and warehouse site location—location can alter time and place relationships between the warehouse and the customer. Frequently transportation cost is a major factor in plant and warehouse location.

·         Materials handling—the placement of goods and the movement of goods within a ware-house, factory or other facility. This includes incoming movement of goods and the movement of goods from storage to order-picking areas to dock areas for shipment.

·         Industrial packaging—transportation directly impacts the type packaging needed. Fast methods of transport, such as air, generally require little in the way of packaging while the slower modes, such as water or rail, require substantial packaging expenditures to ensure safe shipment.

·         Purchasing—quantities purchased directly affect transportation costs. Also, transportation relates directly to the distance or location of goods purchased by the firm. Purchasing and logistics are increasingly integrated in many major firms.

·         Demand forecasting—accurate and reliable forecasting is essential for effective inventory control purposes, especially within firms utilizing lean manufacturing and JIT.

·         Inventory control—this is directly related to transportation and warehousing. If transportation is slow higher levels of inventory are needed, ergo, more warehouse capacity is needed.

·         Production planning—production planning must operate in close coordination with logistics in order to ensure adequate market coverage. Production planning and logistics are increasingly integrated within large corporations.

·         Parts and service support—the effectiveness of parts and service support depend upon speed of transportation, location of warehouses, and forecasting of support function needs. Obviously, parts and service support have a direct impact on customer service levels.

·         Return goods handling—reverse supply chain logistics is an increasingly important but frequently overlooked dimension in logistics.

·         Salvage and scrap disposal—disposal is an integral part of the reverse supply chain. There is an increasing interest, in the logistics literature, in the impact of the location of evaluation and disposal facilities for returned goods.

·         Customer service levels—logistics plays an extremely important role in ensuring that customers get the right products at the right place at the right time. Transportation, warehousing, forecasting, inventory control, and production planning all have a direct impact on customer satisfaction. Regards

·         Saiyid

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Thanks for the invite I leave the answer for the professionals in this area

The answer goes to  A- LOGISTIC.

Logistics=======================

Warehousing================

Information, goods and other resources are managed by Logistics

Answer is LOGISTICS........

My answer is <<<<<<<<<<<<>>>>>>>>>>>>>>>>>>>Logistics

 A. Logistics is the answer