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Essay

Logistics

Essay specific features

 

Issue:

Business

 

Written by:

Angela N

 

Date added:

July 2, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

7 / 1703

 

Was viewed:

346 times

 

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Essay content:

The main responsibility of logistic is the geographical positioning of raw materials, work in process and finished inventories at the lowest possible cost. Creating logistics value is costly. Logistics accounts for one of the highest costs of doing business. Logistics expenditure normally ranges from 5% to 35% of sales depending on the type of business...
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Logistics expenditure normally ranges from 5% to 35% of sales depending on the type of business. Thus logistics even though very important for any business success is expensive. VARIOUS DEFINITIONS OF LOGISTICS MANAGEMENT Logistic management encompasses all materials flows management, from the inflow of purchased materials into works (i...
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