Business Logistics/Supply Chain Management deals with the design and management of efficient and effective supply chain systems. The goal is to establish a smooth-flowing, well-coordinated, and cost-effective supply chain that meets the needs of the customer. The book provides a comprehensive overview of the field, covering both the physical and managerial aspects of logistics.
Comparing rail vs. truck vs. air costs manually. New application: Real-time Transportation Management Systems (TMS) use Ballou’s cost ratios to auto-execute mode shifts when fuel prices hit a threshold.