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Phase 1 Individual Project (LOG676) - Coursework Example

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This paper addresses the similarities and the differences between the humanitarian logistics and the business logistics which are essential in the understanding their nature and the functionality. This are shown below (Smith, 2009)
I. Both have documentation and receipting. For…
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Phase 1 Individual Project (LOG676)
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"Phase 1 Individual Project (LOG676)"

Download file to see previous pages The humanitarian logistics have the collaborations with the donors to source the funding for their engagements and helping disasters.
IV. Both involve the human resources in their endeavors and activities. Business logistics require skilled labor and in the case of humanitarian logistics the engagement of volunteer labor is administered.
V. In the both cases we have Key performance indicators. Ordinarily, the business logistics is usually based on the performance metrics while in the humanitarian logistics it is based on the time to respond to a given disaster.
VI. Both the logistics have the financial flow in their engagements. The business logistics have a bilateral and a known financial flow. The humanitarian logistics have the unilateral financial flow from the donors to the beneficiaries.
I. The objective of business logistics is profit maximization where the appropriate strategies are instilled to avoid losses. In contrarily, the objective of humanitarian logistics is to help and save the lives of people who are in disasters.
II. The business logistics clients include the final consumers of goods and services while those of humanitarian logistics are include the beneficiaries who are usually the people who have been affected by the disasters.
III. The business logistics have two to three supplies previously known by the business while the humanitarian logistics have multiple donors and suppliers who met without prior agreement or engagements. (Renata, 2012)
V. Ordinarily, the demand patterns in business logistics are stable and can be predicted using forecasting techniques as opposed to the humanitarian logistics where the demand patterns are irregular, volatile and very uncertain.
VI. The material flow in the business logistics includes the product market while in the humanitarian logistics it includes features such as shelter, food, hygiene, cleaning kits including the ...Download file to see next pagesRead More
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(“Phase 1 Individual Project (LOG676) Coursework Example | Topics and Well Written Essays - 500 words”, n.d.)
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