Business » Logistics Abbreviations Browse 644 acronyms and abbreviations related to the Logistics terminology and jargon. With logistics management in business the focus is twofold: inbound logistics for internal functions and outbound logistics for the external flow from the point of origin to the point of consumption. Military logistics — all that is necessary to support the operational capability of military forces and their equipment in order to ensure readiness, reliability, and efficiency. Why Does Logistics Matter? The supply chain is a vital part of this process. Logistics and supply chain careers are often-overlooked by the public—so let’s dig in to what you may have missed so far in your career search. A proper supply chain may include transportation, shipping, receiving, storage, and management of all or one of these functions. Font size: 3PL: Third Party Logistics: Rate it: ACHL: Air Cargo Handling Logistics: Rate it: ACLI: All Cargo Logistics International: Rate it: ACVL: All Counties Vehicle Logistics: Business logistics — this is the same as the definition from the CSCMP and is the approach adopted in this essay. Logistics definition, the branch of military science and operations dealing with the procurement, supply, and maintenance of equipment, with the movement, evacuation, and hospitalization of personnel, with the provision of facilities and services, and with related matters. Logistics Definition Logistics refer to how a company manages and structurally organizes the procurement, storage and transportation of resources (goods and services) from one point to another. Logistics is not a field that many people are regularly thinking of. Logistics, or logistical planning, refers to the process that a business uses in order to coordinate its supply chain Supply Chain Supply chain is the entire system of producing and delivering a product or service, from the very beginning stage of sourcing the raw materials to the final operations. Trucking operations can be enhanced significantly through the use of trucking logistics. OTR trucking companies can enhance revenues and operational efficiency through the application of modern logistics systems. 1. What you should know about a career in logistics. Logisticians focus on inventory management, purchasing, transportation, warehousing, consultation and the organization and mapping of these processes. Today, the business sector uses logistics as a term to describe the efficient flow and storage of goods from point of origin to the point of consumption. It is all activity that allows raw material to become merchandise. However, the most concise definition is as below, "International Logistics focuses on how to manage and control overseas activities effectively as a single business unit. While logistics is a process used by many companies (made famous by Walmart, for example), it is used increasingly as a business model by various warehouse and distribution companies (such as UPS and Fedex). Home » Business » LOGISTIC – Definition, Operations, and Types of Logistics. Therefore, companies should try to harness the value of overseas product, services, marketing, R&D and turn them into competitive advantage" What is Third Party Logistics or 3PL? A brief definition of the term: Distribution logistics ensures that manufactured goods reach the customer quickly and reliably. Logistics is a BIG business. The overall benefits of implementing logistics are service efficiency and business profitability. 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