Modern Management Review (Jun 2018)
Logistics – science of present – day and future
Abstract
Logistics is management of flows and process in chains through time, sequential, space and capacity parameters like capacity usability of equipment, order and amount of produced product, layout of sale and distribution centres, initiate time, processing time and finalizing time of individual process. Criteria of management are capacitive, time, but in global explanation they are economic too. Processes creating chains are purchasing, procurement, storing, transport, production processes, distribution of products, maintenance, etc. managing functions are allocated, layout and set-up, prognosis, aggregation planning, scheduling, dispatching control, monitoring and others. The article describes why logistics has been one of the dynamic factors of the economy and increasing the competitiveness of enterprises in recent decades. It analyzes these factors and shows why orientation towards the systematic building of logistics systems increases their competitiveness. The article also describes the historical development of logistics from the logistics of individual activities to the creation of logistic hierarchical systems and the theoretical basis for the development of logistics as a system science of management. Significantly changes inter-company relationships to different types of SCM, DCM and third logistic party-3PL as a new stage in logistics development. The article also points out that logistics is today an important factor in the development of the economy, an integral part of business management, a solid part of the science of management.
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