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International Supply Chain Management International Supply Chain Management Historical Development of International Logistics Definition of Logistics and Supply Chain Management Definition of International Logistics Definition of International Supply Chain Management Elements of International Logistics The Economic Importance of Logistics The Economic Importance of International Logistics International Supply Chain Management Historical Development of International Logistics Definition of Logistics and Supply Chain Management Definition of International Logistics Definition of International Supply Chain Management Definition of Elements of International Logistics The Economic Importance of Logistics The Economic Importance of International Logistics Historical Development of International Logistics Framework The term “Logistics” is based on the physical movement of goods. The modern interpretation of the term “logistics” has its origins in the military. Business logistics include all the activities related to the physical movement of goods (upstream and downstream) and related paperwork. Historical Development of International Logistics The Early, Slow Days Very early international logisticians were traders who bought and sold goods internationally (Silk Road, for example). As trade expanded, international logistics grew. In the early days, international logisticians were concerned about making sure that the goods arrived in good condition and at the lowest possible cost. Historical Development of International Logistics The Move Toward Speed The advent of containers in ocean trades (mostly 1960s and 1970s) lowered transit times substantially. International air shipments became an increasing percentage of all shipments in the 1980s: the number of destinations served by airlines grew. air shipments became increasingly cost competitive with surface alternatives. Historical Development of International Logistics The Emphasis on Customer Satisfaction In the
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