2. Marketing Logistics 2
Objectives
Logistics and its importance
Functions in logistics management
Importance of communication in logistics
Technology in logistics
Streamlining the logistics process
Strategies issues in logistics management
Local and global challenges in logistics
management
3. Marketing Logistics 3
Logistics and Its Importance
Liberalization of markets across the world.
Reducing the costs of transportation &
inventory
Growing competition
Growing complexity of product lines
Helps in handling inventory control crisis
4. Marketing Logistics 4
Functions of Logistics Management
Procurement
Inward transport
Receiving
Warehousing
Stock control
Order picking
Material handling
Outward transport
Physical distribution management
Recycling, returns, and waste disposable
5. Marketing Logistics 5
Technologies in Logistics
Electronic data interchange
Artificial intelligence
Expert systems
Communication technology
Bar coding and scanning
6. Marketing Logistics 6
Streamlining Logistics Process
Points to be considered while streamlining the
logistics process
Cost factor
Understanding needs and requirements
Reduce the cycle time
Communicating with suppliers
Identifying the lead time
Reducing the number of suppliers
7. Marketing Logistics 7
Local and Global Challenges in Logistic
Management
Local Changes
Integration of logistics activities
Lack of qualified personnel
8. Marketing Logistics 8
Local and Global Challenges in Logistic
Management
Global challenges
Distance
Modes of transports
Documentation
Coordination of intermediaries
Cultural differences
Political differences
Globalization of firms
Flexibility of speed
Supply chain integration
Green logistics
9. Marketing Logistics 9
Summary
Logistics and its importance
Functions in logistics management
Importance of communication in logistics
Technology in logistics
Streamlining the logistics process
Strategies issues in logistics management
Local and global challenges in logistics
management