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One definition of business logistics speaks of "having the right item in the right quantity at the right time at the right place for the right price in the right condition to the right customer".
Susan Mallik (2010). Hossein Bidgoil. ed. The Handbook of Technology Management: Supply Chain Management, Marketing and Advertising, and Global Management, vol 2 (1 ed.). Hoboken, New Jersey: John Wiley @ Sons, Inc.. p. 104. ISBN 978-0-470-24948-2.
Introduction
E-logistics has evolved greatly in recent years. E-logistics is linked to supply chain management which go hand in hand. A supply chain is a complex logistic process which includes suppliers, manufacturers, ware houses and retail outlets. The passage of goods through all these points facilitates the conversion of raw materials to finished products so they can be distributed to end users. Donald J. Bowersox, David J. Closs, David Closs, M. Bixby Cooper defined logistics as the design and administration of systems and the movements to different geographical positions of both work in progress and goods at the lowest cost possible.[1]
This implies that e-logistics is the use of the electronics or the computer to carry out this process. Logistics has become the single most important activity in the delivery of good at a low cost. In the recent globalised business world there has been a stiff competition between traditional and non traditional business and logistics methods as both types strive to ensure that customers’ needs are met adequately. [2]. in this work therefore I have tried to bring out the differences that exist between traditional logistics and e-logistics. I have also tried to show how they both can affect a company’s performance and what companies and businesses can do to improve on their financial performance.
Emergence of e-logistics
E-logistics cam on after traditional logistics had prevailed in business for a very long time. Two main factors can account for this; the removal of trade barriers
Susan Mallik (2010). Hossein Bidgoil. ed. The Handbook of Technology Management: Supply Chain Management, Marketing and Advertising, and Global Management, vol 2 (1 ed.). Hoboken, New Jersey: John Wiley @ Sons, Inc.. p. 104. ISBN 978-0-470-24948-2.
Introduction
E-logistics has evolved greatly in recent years. E-logistics is linked to supply chain management which go hand in hand. A supply chain is a complex logistic process which includes suppliers, manufacturers, ware houses and retail outlets. The passage of goods through all these points facilitates the conversion of raw materials to finished products so they can be distributed to end users. Donald J. Bowersox, David J. Closs, David Closs, M. Bixby Cooper defined logistics as the design and administration of systems and the movements to different geographical positions of both work in progress and goods at the lowest cost possible.[1]
This implies that e-logistics is the use of the electronics or the computer to carry out this process. Logistics has become the single most important activity in the delivery of good at a low cost. In the recent globalised business world there has been a stiff competition between traditional and non traditional business and logistics methods as both types strive to ensure that customers’ needs are met adequately. [2]. in this work therefore I have tried to bring out the differences that exist between traditional logistics and e-logistics. I have also tried to show how they both can affect a company’s performance and what companies and businesses can do to improve on their financial performance.
Emergence of e-logistics
E-logistics cam on after traditional logistics had prevailed in business for a very long time. Two main factors can account for this; the removal of trade barriers
References: 1) ]( Donald J. Bowersox, David J. Closs, David Closs, M. Bixby Cooper, 2009, Supply Chain) 2) ](Gian Singh, Strategic Logistics and Supply Chain Management, 2010 3) (Deborah l. Bayles, e logistics and e-fulfilment beyond the button, June 2002) 4) ](Introducing logistics systems;media.wiley.com/pdt-data/excerpt 5) (Introduction to Logistics Systems Planning and Control G. Ghiani, G. Laporte and R Musmanno, 2004 JohnWiley & Sons, Ltd)[