December 2012
Intermediate to advanced
561 pages
22h 33m
English
Content preview from Logistics Management ,3rd Edition by Pearson
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Warehousing • 75
an advantage over their business rivals. It is defi ned as a single storage system located at a conve-
nient place to take care of worldwide requirements of products and services thereof, based on the
information in a real-time environment. However, the effectiveness of a virtual warehousing system
depends on the speed and accuracy of information fl ow and analysis . The success of a virtual ware-
housing system will depend on the availability of the following:
• Alternative and effi cient transportation system
• Speedy communication and computing systems
• Networking facilities
• Real-time tracking system
• Inventory management ...
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