Management of Logistics Planning

Abstract

Logistics problems are gradually becoming more complex and a better understanding of logistics management as a subject is a key to deal with the new challenges. A core element of logistics management is logistics planning, which substitutes for low customer service levels, high waste, and the use of buffers and slacks in the execution of logistic activities. Furthermore, the availability of information and problem-solving capabilities are established as the core parts of logistics planning. Based on this, in this paper, a conceptual model for the management of logistics planning is proposed and discussed. In this regard, the model is built on ideas from microeconomics.