Which terms is associated with logistics?

Which terms is associated with logistics?

Logistics Terminology

• Aircraft Pallet.
• Air Freight.
• Air Freight Forwarder.
• Air Waybill.
• All-Cargo Aircraft.
• All-Risk Insurance.
• Aviation and Transportation Security Act (ATSA)
• Bill of Lading.

What are the five types of logistics?

Logistics can be split into five types by field: procurement logistics, production logistics, sales logistics, recovery logistics, and recycling logistics. Each of these is explained in detail, but first we should learn about logistics fields and types.

What are the six 6 modes of transport in logistics?

Therefore; an essential part of transportation management lies in building an efficient supply chain from the six main modes of transportation: road, maritime, air, rail, intermodal, and pipeline. Understanding the strengths and weaknesses of each mode is paramount to building an effective supply chain.19-Oct-2018

What are the 4 types of transportation in logistics?

Air, Road, Sea and Rail. These are the four major modes of transport (or types) in the logistics industry.25-Jul-2022

What are the key logistics processes?

The entire logistics process consists of managing inventory, fulfilling orders, and shipping packages. Inventory management, warehousing, and order fulfillment all play a key role in optimizing logistics operations.23-Oct-2020

What is logistics in simple words?

Logistics refers to the overall process of managing how resources are acquired, stored, and transported to their final destination. Logistics management involves identifying prospective distributors and suppliers and determining their effectiveness and accessibility. Logistics managers are referred to as logisticians.

What is 3PL & 4PL logistics?

A 3PL (third-party logistics) provider manages all aspects of fulfillment, from warehousing to shipping. A 4PL (fourth-party logistics) provider manages a 3PL on behalf of the customer and other aspects of the supply chain.

What are the 7 supply chain functions?

While supply chain is a very broad career field, it has 7 primary functional areas: Purchasing, Manufacturing, Inventory Management, Demand Planning, Warehousing, Transportation, and Customer Service.

What is 1PL 2PL 3PL 4PL 5PL?

1PL - First-Party Logistics. 2PL - Second-Party Logistics. 3PL - Third-Party Logistics. 4PL - Fourth-Party Logistics. 5PL - Fifth-Party Logistics.

What are the 12 elements of logistics?

Terms in this set (12)

• Design Interface.
• Sustaining Engineering.
• Supply Support.
• Maintenance Planning & Management.
• Packaging, Handling, Storage, and Transportation.
• Technical Data.
• Support Equipment.
• Training & Training Support.

What do TL and LTL stand for?

Truckload and less than truckload are both excellent options, but what are they? The transport of freight that does not require the entire space of a truck is also known as less than truckload (LTL) shipping, whereas full truckload (TL) shipments take up the space or weight limit of an entire trailer.25-Jun-2019

What are the 7 types of transportation?

Modes of transport

• Road vehicles (trucks, vans, motorcycles)
• Railways.
• Inland waterways (barges)
• Deep sea.
• Air (Aircraft and drones)
• Pipelines.
• A combination of the above called inter-modal or multi-modal.

What are 5 modes of transportation?

Top 5 Modes of Transportation in Logistics

• Road Transportation. There are many advantages to road transportation, especially for companies who rely on fast delivery to retain their customers.
• Rail Transportation.
• Marine Transportation.
• Air Transportation.
• Intermodal Transportation.

What are the 3 basic modes of transportation?

Transport modes are the means supporting the mobility of passengers and freight. They are mobile transport assets and fall into three basic types; land (road, rail, pipelines), water (shipping), and air.

What are the types of freight?

Some of the different freight options available include:

• Less Than Truckload Freight.
• Full Truckload Freight.
• Intermodal Rail Freight.
• Air Freight.
• Ocean Freight.
• Expedited Freight.

What is logistic cycle?

Logistics management cycle includes key activities such as product selection, quantification and procurement, inventory management, storage, and distribution. Other activities that help drive the logistics cycle and are also at the heart of logistics are organisation and staffing, budget, supervision, and evaluation.

What are elements of logistics?

There are five elements of logistics:

• Storage, warehousing and materials handling.
• Packaging and unitisation.
• Inventory.
• Transport.
• Information and control.

What are the 4 functions of logistics operations?

To varying degrees, logistics management functions include customer service, sourcing and procurement, production planning and scheduling, packaging, and assembly. Logistics management is part of all the levels of planning and execution, including strategic, operational and tactical.

What are the 3 categories of logistics activities?

These are inbound logistics, outbound logistics, and reverse logistics.

What is the role of logistics?

The roles of logistics feature transportation/delivery, storage, packaging, cargo handling, distribution processing, and information processing, and many systems have been put in place to deliver products from the production location or factory to the consumer quickly and on time.

What is logistics in SCM?

Logistics management is that part of supply chain management that plans, implements, and controls the efficient, effective forward and reverses 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.

Which terms is associated with logistics?