Logistics Essay

Since the beginning of human civilization there has been movement of goods from one place to another. When it comes to modern logistics most professionals thinks it as the most exciting and competitive area of any business. People in this area work 24 hours a day, 7 days week and 52 weeks a year in order to satisfy the demands and needs of the consumers of goods and services.
Logistics consists of those activities that focus on getting the right amount of the right products to the right place at the right time at the lowest possible price. Logistics is the process that controls and manages the movement of goods. These goods may be finished goods or raw materials being moved from one point to another in the most cost effective and efficient manner. Finally the finished goods reach to the end customer which fulfills the customer’s requirement after consumption. Logistics processes involved can be shown diagrammatically as:
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Figure 1-Relating marketing channels, logistics management, and supply chain management
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The figure shown above depicts processes that are involved in the movement of raw materials and finished goods from suppliers to producer and from producer to consumers respectively. The movement of raw materials from suppliers to producer is known as inbound logistics and the movement of finished goods from producer to consumers is known as outbound logistics.
A logistic system can be made up of a number of functional activities. Some of them are as follows:
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...lso known as ‘e-waste’ which refers to electronic products which already reached to it End-of-Life (EoL). Electrical waste refers to obsolete electrical devices that can no longer be used and that had reached its EoL.
Therefore, e-waste contains significant amounts of copper, plastic, chemicals, glass, lead, and precious metals such as silver, gold, platinum, and palladium and heavy metals which are hazardous. E-waste should have a special collection system, and a management option to handle them properly for sustainable development. The international decisions and agreements mainly focus on restricting export e-waste to developing countries. Developing countries are conscious and try to use legislation as a counteract. These characteristics made the recycling of e-waste a profitable business whether in developed or developing countries. Although many countries have