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Logistics

Logistics is the art or science of moving resources efficiently with the minimum of cost and disruption from one place to another. I saw this  definition on Wiki:

Logistics is the process of strategically managing the procurement, movement and storage of materials, parts, and finished inventory (and the related information flows) through an organisation and its marketing channels in such a way that current and future profitability are maximised through the cost-effective fulfillment of orders”

This used to be just another part in the supply chain process but has grown to include purchasing, and warehousing.

The key points to note in any definition are efficiency and movement.

The movement part is rather easy. A resource has to be moved from the originating point to a place where it will fulfil a need. the tricky part, is doing it efficiently.

In Nigeria, processes tend to be complex – Sometimes unnecessarily so. this means that to efficiently move a resource to the customer, is very demanding. one must navigate several obstacles especially regulation.

…to be continued

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Friday, December 9, 2005 Posted by | Supply Chain | Leave a comment

Who’s own?

A Jamiacan Rasta man and his wife are in court getting a divorce. The
problem was who should get custody of the child. The wife jumped up and
said, “Your Honor. I brought the child into this world with pain and labor.
She should be in my custody.” The judge turns to the husband and says, “what
do you have to say in the matter?” The Rasta man sat for a while
contemplating…then slowly rose. Your Honor, If I man put a dollar in a
vending machine and a Pepsi comes out, whose Pepsi is it…’I and I’ or the
machine’s?”

Friday, December 9, 2005 Posted by | Jokes et al | Leave a comment