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What do you think was the most important innovation in logistics? Why?

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What do you think was the most important innovation in logistics? Why?

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The solution discusses the most important innovation in logistics.

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Answer and related sources are included in 493124.docx file attached below:

In my opinion the most important innovation in logistics is the invention of MRP (Material Resource Planning) Systems. Logistics can be described as the process of planning, implementing, and controlling the efficient, cost effective flow and storage of raw materials, in-process inventory, finished goods and related information from point of origin to point of consumption for the purpose of meeting customer requirements. Here the main function of material requirements planning is to ...

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Umut Oltulu, MBA
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  • BSc, Dokuz Eylul University
  • MBA, Texas A&M University-Kingsville
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