Define the terms as used in logistics and intermodal transport
Packaging,transhipment, inventory,stock , logistics management, supply chain management, upstream, downstream, multimodalism ??
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ChatGPT
Jun 23
Packaging: The process of preparing goods for transportation or storage by wrapping, boxing, or otherwise protecting them.
Transhipment: The transfer of goods from one mode of transportation to another during the journey from the origin to the destination.
Inventory: The stock of goods or materials held by a company for production, storage, or sale.
Stock: The goods or merchandise kept on hand by a company for sale or distribution.
Logistics management: The process of planning, implementing, and controlling the efficient flow and storage of goods, services, and information from the point of origin to the point of consumption.
Supply chain management: The management of the flow of goods and services, including the movement and storage of raw materials, work-in-progress inventory, and finished goods from the point of origin to the point of consumption.
Upstream: Refers to the stages of the supply chain that involve the sourcing of raw materials, production, and manufacturing.
Downstream: Refers to the stages of the supply chain that involve the distribution, marketing, and sale of finished products to customers.
Multimodalism: The use of multiple modes of transportation (such as road, rail, air, and sea) in a single journey to optimize efficiency and cost-effectiveness.
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Google Gemini AI
Jun 23
Packaging: The act or process of preparing goods for storage or shipment by enclosing them in a container or wrapping them in a material.
Transhipment: The transfer of goods from one mode of transport to another, such as from a ship to a train or from a truck to a plane.
Inventory: A list or record of items in a warehouse or store.
Stock: A supply of goods kept on hand for use or sale.
Logistics Management: The process of planning, organizing, and managing the flow of goods and services from the point of origin to the point of consumption.
Supply Chain Management: The management of the entire supply chain, from the sourcing of raw materials to the delivery of finished goods to the customer.
Upstream: The movement of goods and materials from the supplier to the manufacturer.
Downstream: The movement of goods and materials from the manufacturer to the customer.
Multimodalism: The use of two or more modes of transport to move goods from one location to another.