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Abstract
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Article Information:
Managing Logistics Information System: Theoretical Underpinning
A.O. Somuyiwa and J.O. Adewoye
Corresponding Author: Adebambo Somuyiwa
Submitted: 2010 March, 23
Accepted: 2010 April, 12
Published: 2010 May, 30 |
Abstract:
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The research sought to explain the theoretical background of articulating effective logistics
information system in any industrial outfit. This is predicated on the fact that logistics is “the process of
strategically managing the acquisition, movement and storage of materials, parts and finished inventory (and
the related information flow s) through the organisation and its marketing channel in such a way that current
and future profitability is maximized through the cost-effective fulfillment of orders. However, the theoretical
basis of the information has not been fully understood within the context of logistics system , such that it will
give a pointer to how those inherent costs could be managed or saved, as well as enhanced supplier-customer
collaborative relationships. It is in the light of this that the paper attempt to give theoretical considerations,
through descriptive methodology approach, on how those basic objectives of logistics can be achieved and its
ultimate goal can be realized. The study concluded that emphasis should be placed on attributes of logistics
information systems and particularly information cost in order to enhance logistics efficiency and effectiveness.
Key words: Cost, information, logistics, managing, system, theoretical,
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Cite this Reference:
A.O. Somuyiwa and J.O. Adewoye, . Managing Logistics Information System: Theoretical Underpinning. Asian Journal of Business Management, (2): Page No: 41-47.
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ISSN (Online): 2041-8752
ISSN (Print): 2041-8744 |
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