Recent trends in logistics and the impact that they are having onretailing and physical distribution are described. Logistics is viewedas a holistic science, concerned with the ways in which the parts of alogistic system or supply chain are connected and integrated. The aim isto make the optimum use of resources in areas such as warehousing,transport, inventory, planning and control, while meeting externallyspecified service criteria. The essential techniques include variousways of classifying products and customers or retail outlets, ofdefining and modelling the system under study, and of analysing theflows of goods, information and money. For the future, the role ofinformation technology is seen to be of ever increasing importance.However, emphasis will continue to be placed on the avoidance of allkinds of delay, on energy conservation and on environmental issues.
International Journal of Retail & Distribution Management – Emerald Publishing
Published: Jul 1, 1991
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