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Origin of Logistics & Supply Chain Revealed! - SupplyChainOpz

Supply Chain Opz

Origin of Logistics & Supply Chain Revealed! What do we know about "Logistics" and "Supply Chain" to date? According to Lummas et al 2001 , the word "Logistics" in English appeared in the article as early as in 1898. Frankel et al 2008 indicated that " supply chain " and "supply chain management" first recognized in the 1980s.

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31 Motivations for Reshoring Manufacturing & Updated Reshoring Stats

GlobalTranz

Overall, from 2001 to 2008 average Asian wages increased 7.1-7.8%, Foxconn, for example, announced plans to reshore in Pennsylvania, investing $40 million for a mostly automated plant. Reverse logistics (returns, warranties) are more manageable closer to market. Obsolete and excess inventory carriage are more preventable.

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How the Coronavirus is underscoring the relevance of Global Supply Chain throughput: From the Frontlines of Yokohama, Milan, and Southern Florida

ThroughPut

In fact, I spent an extra year in college at the University of Pennsylvania just to get the exposure of real biotechnology research, after I wrapped up my Chemical Biomolecular Engineering degree with a minor in Pharmaceutics & Biotechnology, exactly for infections like the coronavirus. At least that’s how I see it.

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