Page 172 - DMGT546_INTERNATIONAL_TRADE_PROCEDURE_AND_DOCUMENTATION
P. 172
Unit 7: Logistics and Characteristics of Modes of Transportation
7.8 Keywords Notes
Forecasting and Procurement: Forecasting and Procurement functions are critically important
to injection safety commodity availability. This requires that financial resources, technical skills,
and management systems are in place.
Inventory Control: Inventory management is the process of receiving, storing, issuing, ordering
and distribution of injection safety commodities to various sites.
Product Selection: This is dependent on what customers are using or what service providers are
prescribing. The products here are single use syringes and needles, safety boxes and needle
removers.
Serving Customers: This is the priority of the cycle. Customers are the clients/patients who
determine what is done within the cycle.
7.9 Review Questions
1. What do you understand by the concept of logistics?
2. What do you mean by physical distribution? Discuss its importance.
3. What do you think are the benefits of an efficient logistics system?
4. Discuss the concept of marketing logistics in detail.
5. What are the important ‘Distribution Considerations?’ Discuss in depth.
6. What are the critical elements of the logistics system?
Answers: Self Assessment
1. Inbound
2. Transportation’s
3. inventory
4. Service
5. Customer Service
6. Logistics Management
7. Damage
8. independently
9. Distribution
10. products
11. Utility
12. finished
13. competency
14. operational
15. Paper-based
LOVELY PROFESSIONAL UNIVERSITY 167