Logistics 4.0
- (The University of Chicago - Alvin Wei-Cheng Wong)
- Overview
Integrated logistics is a business management model that is increasingly being used to speed up product delivery and improve customer service. In this model, all departments, processes, and resources are aligned, work in perfect sync, and operate as a cohesive unit. This allows for seamless operations and ensures quick dispatch of customer orders.
Since logistics involves multiple departments, the integrated model emphasizes the need for teamwork to optimize performance. Cross-functional collaboration can also give companies a competitive advantage, helping them quickly adapt to changes in consumer demand.
[More to come ...]
