02 Jan '13, 2pm

Logistics Acronyms: Are You Confused Enough? Interesting blog on supply chain management:

Two years ago, I became involved with an overseas logistics operation that became so convoluted and required so many changes of hands that tracking and authorizations became a virtual nightmare. It's a scenario that's being repeated even now across the global supply chain. All I wanted was to ship 6,000 cartons of a consumer product from China to Jamaica and on to Belize. I counted the number of original documents I had to present to complete the shipment. There were 46 official, mandatory documents for this single shipment. That does not include quote exchanges or the multitude of emails required to coordinate the shipment. Clearly, I was doing something terribly wrong. If this were standard procedure, I couldn't believe that anyone would want to choose logistics as a career. That doesn't even cover the players or individuals involved. There were more than 20 people emplo...

Full article: http://www.ebnonline.com/author.asp?section_id=1541&doc_i...

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