Chapter 1 Introduction to Logistics

Core Words

council     n. 理事会，委员会	logistics    n. 物流
demand forecasting     需求预测	material handling   物料搬运
implementing    v. 贯彻，执行	outbound logistics    出厂物流
inbound logistics  入厂物流	prominent   adj. 卓越的，显著的
Material Requirements Planning (MRP) 物料需求计划	production planning   生产计划

asset    n. 资产	possession utility  所有权效用
customer orientation 顾客导向	place utility  地点效用
form utility 形态效用	product mix  产品组合
gross domestic product (GDP) 国内生产总值	time utility  时间效用
lead time  提前期	value added utility  增值效用

cash flow  资金流动，现金流	logistics sector  物流部门
counterparts  n. 相对物，相对人	launch   v. 发起，发动
diffusion index  扩散指数	market expansion  市场扩张
emerging  adj. 新兴的，出现的	reflection  n. 反射
Logistics Prosperity Index (LPI) 物流繁荣指数

Useful Expressions

  1. Logistics is the process of planning, implementing, and controlling the efficient, effective flow and storage of goods, services, and related information from point of origin to point of consumption for the purpose of conforming to customer requirements. 物流是计划实施和控制商品的快速、高效流动和储存，以及从源头到消费的服务和信息的全过程，以满足客户的需求。

 2.Since the construction of the pyramids in ancient Egypt, logistics has made remarkable strides. 自古埃及建造金字塔以来，物流业已经取得了显著的进步。

 3.The overall goal of logistics is to achieve a targeted level of customer service at the lowest possible total cost. 物流的总目标是以最低的总成本实现客户服务的目标水平。

.4.Logistics consists of warehousing, transportation, loading and unloading, handling, carrying, packaging, processing, distribution and logistics information. 物流由仓储、运输、装卸、搬运、包装、加工、配送和物流信息所组成。

  5. Efficiency of the logistics industry is reflected by the total logistics cost as a percentage of GDP. 物流业效率是指总物流成本占GDP的比重。

 6.Logistics industry can bring our existing advantages into full play and create many jobs. 物流业可充分发挥既有优势，创造大量的就业机会。

 7.Place utility is the value created or added to a product by making it available for purchase or consumption in the right place. 地点效用是指使产品在合适的地点可以购买或者消费而对产品产生的价值或增值。

 8.A superiorlogistics system is a proprietary asset that cannot be easily duplicated by the firm’s competitors. 一个高效的物流系统是一种专有资产，它不能很容易地被竞争对手所模仿。

  9. In the world, Logistics industry coruscate vital force and energy.  在当今全球，物流产业焕发出生机和活力。

 10.Effective logistics resolves around five key issues-movement of product, movement of information, time/service, cost and integration. 有效的物流是围绕着五个要素展开的—产品的流动、信息的流动、时间/服务、成本和一体化。

 11.Government plays an important role in the development of logistics industry. 政府在物流产业发展过程中起着非常重要的作用。

 12.Logistics is a hot topic in China and the whole world. Although it is anything but a newborn baby, lots of people still have limited awareness of, and knowledge about logistics. 物流是一个中国乃至世界的人们话题。虽然它已经不是一个新生事物了，但是不少人对物流的认识仍然有限。

 13. Logistics covers many functions, such as purchasing, inventory management, transportation, and distribution. 物流涉及采购、仓储、运输、配送等多种功能。