Logistics is the management of the flow of goods, information and other
resources, including energy and people, between the point of origin and
the point of consumption in order to meet there requirements of consumers.
It involves the integration of information, transportation, inventory,
warehousing, material-handling, and packaging, and occasionally security.
India spent nearly $ 50 billion to move material from one use to another.
Any productivity improvement that could be achieved in any part of logistic
system, at the micro or macro level would help in cost reduction and proper
deployment of scare national resources to the productive purposes .
Logistics management is a supply chain management component that is used to
meet customer demands through the planning, control and implementation of
the effective movement and storage of related information, goods and services
from origin to destination.
The logistics management process begins with raw material accumulation to the
final stage of delivering goods to the destination.
By adhering to customer needs and industry standards, logistics management
facilitates process strategy, planning and implementation.
Selecting appropriate vendors with the ability to provide transportation
Choosing the most effective routes for transportation.
Discovering the most competent delivery method.
Using software and IT resources to proficiently handle related processes.
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