GROUP MEMBERSAmal Hameed 103142 Saad Ali 102102 Sheraz Tahir 103117 Sohail Mushtaq 103101
WHAT IS LOGISTICS & LOGISTICS MANAGEMENT?Logistics(CSCMP definition)The planning, execution, and control of the movement / placement ofgoods and / or people, and the related supporting activities, all within asystem designed to achieve specific objectives.Logistics Management"Logistics management is that part of supply chain management thatplans, implements, and controls the efficient, effective forward andreverse flow and storage of goods, services and related informationbetween the point of origin and the point of consumption in order to meetcustomers requirements”
MAIN FIELDS WITHIN LOGISTICS Procurement Logistics Production Logistics Distribution Logistics Disposal Logistics
ACTIVITIES INVOLVED INLOGISTICS MANAGEMENT Order processing Inventory management Material planning Warehousing Transportation.
TYPES OF LOGISTICS Inbound Logistics Outbound Logistics Third Party Logistics Fourth Party Logistics Reverse Logistics
OBJECTIVES OF LOGISTICSOPERATING OBJECTIVE: Rapid response Minimum variance Quality
SUPPLY CHAIN AND LOGISTICS Sourcing Procurement Storage of raw materials Production planning and scheduling Forward and reverse logistics
LOGISTICS HAS GAINED IMPORTANCE Raise in transportation cost. Production efficiency is reaching a peak Fundamental change in inventory philosophy Product line proliferated Computer technology Reduction in economic regulation
LOGISTICS COSTS 100 0900 1980 800 GDP $2.88 trillion 700 Logistics Cost $451 billion 15.7% of GDP 600 Trans. Cost $214 billion 47.5 500$ billion % of Logistics Cost 400 300 200 1999 100 GDP $9.26 trillion 0 Logistics Cost $921 billion 1980 Year 1999 9.9% of GDP Logistics Transportation Trans. Cost $554 billion 60.2 % of Logistics Cost
LOGISTIC COMPANIES IN Global logisticPAKISTAN companies TCS BNS LOGISTICS CEI LOGISTICS (PVT) LTD. DHL DROYAL LOGISTICS (PVT) LTD DMK LOGISTICS (PVT) LTD. DRH LOGISTICS JAY LOGISTICS (PVT) LTD.
CHALLENGES FACED BY THE LOGISTICS INDUSTRY OF PAKISTAN Lack of quality infrastructure Railroad transportation lack of a border crossing Too many regulations The lack of trained staff Limited use of information technologies Lack of certainty in the business
IMPORTANCE OF LOGISTIC Maintaining competitive advantage Good consumer relationship Creating finished goods Providing organization