Question

Discuss ten (10) element in logistic services that can apply with logistics 4.0 concept in an organization with examples.​

Answer 1

Answer:

There are five elements of logistics: Storage, warehousing and materials handling. Packaging and unitisation. Inventory.

Explanation:

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Answer 2

Logistics 4.0 implies, in a narrower way, that logistical processes are networked and integrated "in & outside" of "trading & production" companies and systems, up to the decentralization of "logistic network" in real time. Cyber-physical systems (CPS), that comprises embedded systems inter-connected through "communication networks", comprise the appropriate solutions.

Explanation:

Logistics 4.0 aims to automate, optimize material flows & utilize resources in "inbound & outbound" logistics across companies. The interactive flexibilization of business models, "processes & partner networks" is the "prerequisite & consequence" of digitalisation.

Industry 4.0 is on everyone's lips, the fourth industrial revolution. Digitisation is now taking place, e.g. the Internet of Things as well as Services, whereby mechanization (industry 1.0), mass production (industry 2.0) & automation (industry 3.0) have taken place over the years. For firms which welcome the related new innovations & technologies this offers excellent potential for growth & competitive advantages." Digital processing & automation" can boost productivity by around 30 percent according to projections.

The company can only build the foundation to cope with the challenges in Industry 4.0 with a successful implementation of Logistics 4.0: for example, "paperless processing" of transportation orders with "digital waybills or pallet exchange" in a digital era are essential requirements for the correct functioning of Industry 4.0.

Logistics 4.0 is not only once planned and kept for all eternity in the same form. It is continuously learning new things and is perpetually adjusting itself to new requirements.

Logistics 4.0 focuses on the use of new, innovative technologies, such as as forecast-based supply chain management. With this and other new technologies, the following logistical key figures can be optimized:

1. Decentralization
2. Real-time capability
3. Service orientation
4. Networking

To this end , companies should establish & implement new ideas for planning, monitoring, & implementing material  flows & information in Logistics 4.0 . The objective is to incorporate all "corporate logistic levels" into the digital process & identify appropriate optimisation technologies.

Logistics 4.0 solutions are targeted both internally and externally. In order to co-ordinate "material flows  & information" from raw material providers to customers, the growing number of globally "complex value chains & networks", for example , need entirely new approaches to "supply chain management".

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