Logistics management involves planning, executing, and controlling the flow of goods, services, and information from origin to destination. It aims to satisfy customer demands. Key benefits include delivering the right products, in the right condition, to the right places, at the right time. This improves customer satisfaction and increases profits. Major challenges include balancing value, velocity, variability, visibility, and vulnerability within supply chains. Top logistics challenges for 2012 include economic uncertainty, rising fuel and transportation costs, capacity constraints, outdated infrastructure, and security issues. To be effective, logistics managers must consider these challenges and balance competing interests of stakeholders. Globalization magnifies risks, requiring awareness of international challenges and infrastructure needs.
A brief overview of logistics management covering the following: the aim of logistics, components of logistics, major functions of logistics and the phases of logistics management.
A brief overview of logistics management covering the following: the aim of logistics, components of logistics, major functions of logistics and the phases of logistics management.
Logistics management is the part of supply chain management that plans, implements, and controls the efficient, effective forward, and reverse flow and storage of goods, services, and related information between the point of origin and the point of consumption in order to meet customer's requirements
Logistics management is the part of supply chain management that plans, implements, and controls the efficient, effective forward, and reverse flow and storage of goods, services, and related information between the point of origin and the point of consumption in order to meet customer's requirements
Running head TRANSPORTATION LOGISTICS MANAGEMENT 1T.docxtodd521
Running head: TRANSPORTATION LOGISTICS MANAGEMENT 1
TRANSPORTATION LOGISTICS MANAGEMENT 7
Transportation Logistics Management
Transportation Logistics Management
New Challenges within Transportation and Logistics Management
1. Introduction
In a world that has fully embraced globalization and regional trade, transportation has become one of the most important businesses processes which enable effective carriage of raw materials to the manufacturers and manufactured goods to the end user. Currently, all the means of transportation are effectively used depending on the preference of the client. This crucial business process has led to the emergence of the transport logistics managers whose main role is to ensure that goods being transported reach their destination safely and on time. Over the years, transportation logistics has become one the most important process in the supply chain of any business as the key to satisfying customer demands and gaining a competitive advantage. However, the growth of the transportation and logistics industry has led to the development of new challenges over the years which continue to affect logistics management. The main challenge within the transportation and logistics management results from planning and risk management which has been caused by the changing environments within the industry. This paper seeks to investigate some of the planning and risk management challenges by answering the question; “what are the new challenges facing logistics managers and how can they be tackled?” It will outline three major challenges within transportation and logistics management and discuss probable solutions to each.
2. Literature Review
To research the challenges within transportation and logistics management, this paper will investigate the relationship between logistics management and supply chain management so as to specifically focus on the former throughout the research. This is because there is a strong relationship between transportation logistics management and the supply chains in that the former has become a critical element in supply chain management (Wang et al. 2016). The use of these terms in different resources has further expounded on this relationships forming the definition of these terms as follows: Logistics management is the act of organizing for the commercial transportation of goods or raw materials by ensuring that the transportation systems maintain an effective flow whereby the products being transported can reach the receiver safely and on time (Christopher, 2016). This activity incorporates different procedures such as recording data and information about the flow of goods, warehousing, and transportation.
According to Wang et al. (2016), it is the role of transportation and logistics managers to ensure quality handling of all the data and figures which account for daily operations and ensure that there is smooth coordination of tasks within a tran.
The Ultimate Guide to Modern Logistics Key Components, Challenges, and Future...Xonier Technologies
The logistics industry is continuously evolving, driven by technological advancements and changing market demands. Staying ahead requires adopting new technologies, optimizing processes, and embracing sustainability. As we look to the future, logistics will remain a critical component of business success.
Visit us : https://xoniertechnologies.com/
An introduction to supply chain management and role of transportataionBehzad Behdani
This presentation provides a brief introduction about “supply chain management” and especially, the role of transportation in the smooth operation of “modern” supply chains is discussed.
C H A P T E R 4Managing logistics internationallyIntrTawnaDelatorrejs
C H A P T E R 4
Managing logistics internationally
Introduction
The early roots of logistics are in international transport, which was a central ele-
ment of many fundamental models in economic theory. In traditional location
theory, for example, transport costs were optimised in relation to distance to
market and production locations. The origins of internationalisation can be
traced back to the expanding trade routes of early civilisations. Discoveries made
in excavations from Europe, Asia, Africa and the Americas reveal artefacts made
hundreds or even thousands of miles away from the site, at the edges of their
respective known worlds. Developments in transport, navigation and communi-
cation have progressively expanded our horizons. Measured in transport time
and costs, the world has shrunk to the dimensions of a ‘global village’. Many take
for granted the availability of products from around the world and safe, fast inter-
continental travel on container carriers and aircraft. It is in this context that a
clear link exists between logistics and economic development. The connectivity
of all regions of the world is essential for international trade. As a result, many
projects aimed at supporting regional economic development focus on the infra-
structure needed to support integration into the global economy.
The logistics dimension of internationalisation conjures up a vision of parts
flowing seamlessly from suppliers to customers located anywhere in the world,
and a supply network that truly spans the entire globe. Often basic products such
as deep-freeze pizzas combine a multitude of locations from which ingredients
are sourced, and an international transport network that links production
The intended objectives of this chapter are to:
● identify challenges that internationalisation presents to logistics
management;
● analyse the structure and management of a global logistics network.
By the end of this chapter you should be able to:
● understand the forces which are shaping international logistics;
● understand challenges of international logistics networks;
● understand how to begin to balance these in organising for international
logistics – bearing in mind risks and sustainability considerations
Objectives
110 Chapter 4 • Managing logistics internationally
locations to warehouses and multiple stores. The enormous geographical span of
this logistics system cannot be recognised in the price of the product. This can be
explained by transport having become just a commodity in the global village. At
the micro level of the individual company, however, the reality is that there are
few examples of truly global supply chains. There are many barriers to such a
vision. For example, local autonomy, local standards and local operating proce-
dures make the integration of information flow and material flow a challenging
task. Local languages and brand names increase product complexity. Global
supply chains are made more complicat ...
How to Create Map Views in the Odoo 17 ERPCeline George
The map views are useful for providing a geographical representation of data. They allow users to visualize and analyze the data in a more intuitive manner.
Operation “Blue Star” is the only event in the history of Independent India where the state went into war with its own people. Even after about 40 years it is not clear if it was culmination of states anger over people of the region, a political game of power or start of dictatorial chapter in the democratic setup.
The people of Punjab felt alienated from main stream due to denial of their just demands during a long democratic struggle since independence. As it happen all over the word, it led to militant struggle with great loss of lives of military, police and civilian personnel. Killing of Indira Gandhi and massacre of innocent Sikhs in Delhi and other India cities was also associated with this movement.
Synthetic Fiber Construction in lab .pptxPavel ( NSTU)
Synthetic fiber production is a fascinating and complex field that blends chemistry, engineering, and environmental science. By understanding these aspects, students can gain a comprehensive view of synthetic fiber production, its impact on society and the environment, and the potential for future innovations. Synthetic fibers play a crucial role in modern society, impacting various aspects of daily life, industry, and the environment. ynthetic fibers are integral to modern life, offering a range of benefits from cost-effectiveness and versatility to innovative applications and performance characteristics. While they pose environmental challenges, ongoing research and development aim to create more sustainable and eco-friendly alternatives. Understanding the importance of synthetic fibers helps in appreciating their role in the economy, industry, and daily life, while also emphasizing the need for sustainable practices and innovation.
We all have good and bad thoughts from time to time and situation to situation. We are bombarded daily with spiraling thoughts(both negative and positive) creating all-consuming feel , making us difficult to manage with associated suffering. Good thoughts are like our Mob Signal (Positive thought) amidst noise(negative thought) in the atmosphere. Negative thoughts like noise outweigh positive thoughts. These thoughts often create unwanted confusion, trouble, stress and frustration in our mind as well as chaos in our physical world. Negative thoughts are also known as “distorted thinking”.
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdfTechSoup
In this webinar you will learn how your organization can access TechSoup's wide variety of product discount and donation programs. From hardware to software, we'll give you a tour of the tools available to help your nonprofit with productivity, collaboration, financial management, donor tracking, security, and more.
Palestine last event orientationfvgnh .pptxRaedMohamed3
An EFL lesson about the current events in Palestine. It is intended to be for intermediate students who wish to increase their listening skills through a short lesson in power point.
Model Attribute Check Company Auto PropertyCeline George
In Odoo, the multi-company feature allows you to manage multiple companies within a single Odoo database instance. Each company can have its own configurations while still sharing common resources such as products, customers, and suppliers.
Students, digital devices and success - Andreas Schleicher - 27 May 2024..pptxEduSkills OECD
Andreas Schleicher presents at the OECD webinar ‘Digital devices in schools: detrimental distraction or secret to success?’ on 27 May 2024. The presentation was based on findings from PISA 2022 results and the webinar helped launch the PISA in Focus ‘Managing screen time: How to protect and equip students against distraction’ https://www.oecd-ilibrary.org/education/managing-screen-time_7c225af4-en and the OECD Education Policy Perspective ‘Students, digital devices and success’ can be found here - https://oe.cd/il/5yV
The Roman Empire A Historical Colossus.pdfkaushalkr1407
The Roman Empire, a vast and enduring power, stands as one of history's most remarkable civilizations, leaving an indelible imprint on the world. It emerged from the Roman Republic, transitioning into an imperial powerhouse under the leadership of Augustus Caesar in 27 BCE. This transformation marked the beginning of an era defined by unprecedented territorial expansion, architectural marvels, and profound cultural influence.
The empire's roots lie in the city of Rome, founded, according to legend, by Romulus in 753 BCE. Over centuries, Rome evolved from a small settlement to a formidable republic, characterized by a complex political system with elected officials and checks on power. However, internal strife, class conflicts, and military ambitions paved the way for the end of the Republic. Julius Caesar’s dictatorship and subsequent assassination in 44 BCE created a power vacuum, leading to a civil war. Octavian, later Augustus, emerged victorious, heralding the Roman Empire’s birth.
Under Augustus, the empire experienced the Pax Romana, a 200-year period of relative peace and stability. Augustus reformed the military, established efficient administrative systems, and initiated grand construction projects. The empire's borders expanded, encompassing territories from Britain to Egypt and from Spain to the Euphrates. Roman legions, renowned for their discipline and engineering prowess, secured and maintained these vast territories, building roads, fortifications, and cities that facilitated control and integration.
The Roman Empire’s society was hierarchical, with a rigid class system. At the top were the patricians, wealthy elites who held significant political power. Below them were the plebeians, free citizens with limited political influence, and the vast numbers of slaves who formed the backbone of the economy. The family unit was central, governed by the paterfamilias, the male head who held absolute authority.
Culturally, the Romans were eclectic, absorbing and adapting elements from the civilizations they encountered, particularly the Greeks. Roman art, literature, and philosophy reflected this synthesis, creating a rich cultural tapestry. Latin, the Roman language, became the lingua franca of the Western world, influencing numerous modern languages.
Roman architecture and engineering achievements were monumental. They perfected the arch, vault, and dome, constructing enduring structures like the Colosseum, Pantheon, and aqueducts. These engineering marvels not only showcased Roman ingenuity but also served practical purposes, from public entertainment to water supply.
2. What is Logistics Management ?
Logistics Management is the process of
planning, execution, and controlling of the movement of
goods or people and related supporting activities all
within a system designed to achieve specific objective.
It is also concerned with managing and controlling the
flow or supply of goods, information, personal utilities and
other resources from one location to destination to meet
the demands of the customers or the requirement of one
department or the section of the organization.
3. Benefits of Logistics Management
1. It helps in making the right quantity of right quality products at the
right place and at the right time in right condition.
2. It aims in customer satisfaction by reducing the operation cost
and passing on the benefits to the customers.
3. It helps in penetrating new market by increasing market share
and increasing profits.
4. It helps in globalization and internationalization.
4. Challenges to the Logistics and Supply
Chain
The challenges to the Logistics and Supply Chain operations in concerned
with “THE FIVE V’s”
1)
VALUE
2)
VELOCITY
3)
VARIABILITY
4)
VISIBILITY
5)
VULNERABILITY
5. Top 10 logistics challenges for 2012
by Clifford F. Lynch
The economy may be on the mend, but the logistics/supply chain community will
still face challenges throughout the year. Here's what to watch for.
1)
The Economy
2)
The Price of Fuel.
3)
Rising Truck Rates
4)
Capacity
5)
Infrastructure
6)
Ocean shipping
7)
Security
8)
The green movement
9)
Increased truck weight limits
10)
The election
6. Conclusion
In order to be an effective and an efficient Logistics manager, he/she must
keep in mind the challenges and issues to the Logistics and Supply Chain
operations.
He/she must have the ability to balance the problem in order to have clear
perspective of consumers, firms, government and the public.
While the principles of supply chain logistics still apply in a global
environment, the challenges are significantly magnified and the risks are
increased. As many firms attempt to take advantage of global sourcing and
marketing, there is a growing need for awareness regarding the challenges
and infrastructure changes.
7. Finally…..
While the principles of supply chain logistics still apply in a global
environment, the challenges are significantly magnified and the risks are
increased. As many firms attempt to take advantage of global sourcing and
marketing, there is a growing need for awareness regarding the challenges
and infrastructure changes.