Logistics
What Logistics means in Business GCSE, as defined for AQA, OCR.
Definitions of Logistics
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Reference: AQA
Moving and storing materials and finished goods, moving stock quickly and safely to reduce lead times and storage costs.
The movement, storage and handling of inputs and finished products from suppliers through production to customers.
The management of the transportation and storage of goods from supplier to business to customer.
Topics that use Logistics
- The role of procurement (AQA GCSE)
- Working with suppliers (OCR GCSE)
Related terms
- Lead time
- Procurement
- Supply chain
- Analysing supplier choice in context
- Best value
- Brand reputation
- Buffer stock
- Consequences for operations and costs
Using Logistics in the exam
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