What are the operational objectives in logistics?
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What are the operational objectives in logistics?
These operational objectives, which are the primary determinants of logistical performance, include rapid response, minimum variance, minimum inventory, movement consolidation, quality, and life-cycle support. Each objective is briefly discussed.
What are the goals and objectives of logistics management?
The main goal of logistics management is to get the best and effective ways to transfer the resources and products from first place to destiny and the customer. The main steering aspect of these activities is to satisfy customer demand and offer the suitable deal possible to hold the customers and reach new ones.
What are the five operations performance objectives?
The performance objectives are quality, speed, dependability, flexibility and cost. Each one of these objectives will be discussed in terms of how they are measured and their significance to organisational competitiveness.
What is the objective of transportation?
Transportation planning tends to have multiple objectives, which usually include: Traffic congestion reductions. Parking cost savings. Consumer savings and affordability (savings to lower-income households)
What is the objective of transportation for a business?
By moving goods from locations where they are sourced to locations where they are demanded, transportation provides the essential service of linking a company to its suppliers and customers. It is an essential activity in the logistics function, supporting the economic utilities of place and time.
What is the main objective of transportation?
The main objective of transportation is? Explanation: The main objective of a good transportation system is to provide safe economical, efficient transportation for the facility of passengers and the transport of goods. 2.
What are the typical operations objectives?
Operational objectives tend to be specific and measurable, so that they can help an organisation to achieve its long term goals. It can also help to improve budgeting. For example, the sales department might set an operational objective, which targets to raise sales revenue for the next several months.