Logistics is the process of planning, implementing, and controlling the efficient flow of goods, services and information from the point of origin to the point of consumption. It involves the integration of transportation, inventory, warehousing, material handling, and packaging. The goal of logistics management is to meet customer requirements for delivery of products and services in the most cost-effective manner possible. Key functions include purchasing, inventory management, warehousing, transportation and customer service. An effective logistics system provides the right products to customers in the right quantities, at the right place and time, while minimizing costs and resources.
Logistics is the process of planning, implementing, and controlling the efficient flow of goods, services and information from the point of origin to the point of consumption. It involves transportation, warehousing, material handling, and often packaging and security. The key functions of logistics include purchasing, inventory management, warehousing, transportation and customer service. Logistics aims to satisfy customer needs through the coordination of these functions and the delivery of products and services in a cost-effective manner.
The document discusses logistics and supply chain management. It defines logistics as planning, implementing, and controlling the efficient flow of goods, services, and information from origin to consumption according to customer needs. Logistics involves functions like procurement, inventory control, warehousing, transportation, and customer service. It also discusses types of logistics like inbound, outbound, third-party, and reverse logistics. The document then summarizes a case study of Ford Motor Company partnering with Penske to centralize its logistics network, resulting in cost savings and efficiency improvements.
This document provides an introduction to logistics and distribution systems. It defines key terms and discusses the scope and components of logistics. Logistics involves the physical and information flows from raw materials to finished goods and aims to have the right resources in the right place at the right time. The document outlines factors like transportation, warehousing, packaging and inventory that are part of an integrated logistics system. It also discusses concepts like total cost approach, trade-off analysis, and the financial impact of logistics planning and control.
Logistics management involves planning, implementing, and controlling the flow of materials and goods from the origin to the point of use. The objectives of logistics management are to have the right quality and quantity of products available at the right place and time at reduced costs. Logistics management applies to business, military operations, events, and services. It aims to optimize material flow through an organization to customers while reducing inventory, ensuring reliable delivery, minimizing freight and damage costs, and allowing quick response.
This document provides definitions and explanations of various types of logistics. It begins with definitions of logistics and supply chain management. It then discusses key logistics activities like inbound logistics, outbound logistics, procurement logistics, and global logistics. Different types of specialized logistics are also outlined, such as distribution logistics, disposal logistics, reverse logistics, RAM logistics, and asset control logistics. The document aims to give an overview of logistics management and the various fields and activities involved.
This document discusses logistics operations in the Indian industry. It begins by defining logistics and its key functions. It then discusses various forms of logistics operations like inbound, outbound, supply chain management, and reverse logistics. It also outlines the major components of a logistics system including logistics services, information systems, and infrastructure/resources. The document then covers topics like business logistics, e-commerce, outsourcing logistics activities to third parties, and the interrelationship between transportation and logistics. It concludes by noting that transportation is a major cost for logistics and plays a vital role in the overall supply chain.
International logistics involves planning and managing the flow of goods across international borders as part of a company's supply chain. It includes all aspects of supply chain distribution for any type of shipment. Logistics more broadly refers to coordinating the efficient movement and storage of goods from origin to point of consumption to meet customer needs. Key components of logistics include storage, packaging, inventory, transportation, and information systems to control operational procedures. There are different types of logistics such as inbound, outbound, third-party, and distribution logistics.
The document discusses logistics and supply chain management. It defines logistics and key concepts. Logistics involves planning and controlling the flow of goods and services. The goals of logistics systems are to ensure the right products are delivered to customers in the right quantities, at the right locations and times, in usable condition, and at the lowest total cost. Elements of logistics systems include transportation, warehousing, inventory management, packaging, and information systems.
Logistics is the process of planning, implementing, and controlling the efficient flow of goods, services and information from the point of origin to the point of consumption. It involves transportation, warehousing, material handling, and often packaging and security. The key functions of logistics include purchasing, inventory management, warehousing, transportation and customer service. Logistics aims to satisfy customer needs through the coordination of these functions and the delivery of products and services in a cost-effective manner.
The document discusses logistics and supply chain management. It defines logistics as planning, implementing, and controlling the efficient flow of goods, services, and information from origin to consumption according to customer needs. Logistics involves functions like procurement, inventory control, warehousing, transportation, and customer service. It also discusses types of logistics like inbound, outbound, third-party, and reverse logistics. The document then summarizes a case study of Ford Motor Company partnering with Penske to centralize its logistics network, resulting in cost savings and efficiency improvements.
This document provides an introduction to logistics and distribution systems. It defines key terms and discusses the scope and components of logistics. Logistics involves the physical and information flows from raw materials to finished goods and aims to have the right resources in the right place at the right time. The document outlines factors like transportation, warehousing, packaging and inventory that are part of an integrated logistics system. It also discusses concepts like total cost approach, trade-off analysis, and the financial impact of logistics planning and control.
Logistics management involves planning, implementing, and controlling the flow of materials and goods from the origin to the point of use. The objectives of logistics management are to have the right quality and quantity of products available at the right place and time at reduced costs. Logistics management applies to business, military operations, events, and services. It aims to optimize material flow through an organization to customers while reducing inventory, ensuring reliable delivery, minimizing freight and damage costs, and allowing quick response.
This document provides definitions and explanations of various types of logistics. It begins with definitions of logistics and supply chain management. It then discusses key logistics activities like inbound logistics, outbound logistics, procurement logistics, and global logistics. Different types of specialized logistics are also outlined, such as distribution logistics, disposal logistics, reverse logistics, RAM logistics, and asset control logistics. The document aims to give an overview of logistics management and the various fields and activities involved.
This document discusses logistics operations in the Indian industry. It begins by defining logistics and its key functions. It then discusses various forms of logistics operations like inbound, outbound, supply chain management, and reverse logistics. It also outlines the major components of a logistics system including logistics services, information systems, and infrastructure/resources. The document then covers topics like business logistics, e-commerce, outsourcing logistics activities to third parties, and the interrelationship between transportation and logistics. It concludes by noting that transportation is a major cost for logistics and plays a vital role in the overall supply chain.
International logistics involves planning and managing the flow of goods across international borders as part of a company's supply chain. It includes all aspects of supply chain distribution for any type of shipment. Logistics more broadly refers to coordinating the efficient movement and storage of goods from origin to point of consumption to meet customer needs. Key components of logistics include storage, packaging, inventory, transportation, and information systems to control operational procedures. There are different types of logistics such as inbound, outbound, third-party, and distribution logistics.
The document discusses logistics and supply chain management. It defines logistics and key concepts. Logistics involves planning and controlling the flow of goods and services. The goals of logistics systems are to ensure the right products are delivered to customers in the right quantities, at the right locations and times, in usable condition, and at the lowest total cost. Elements of logistics systems include transportation, warehousing, inventory management, packaging, and information systems.
1. The document discusses market logistics, which includes planning infrastructure to meet demand and implementing physical flows of materials from origin to use points to meet customer requirements at a profit.
2. It describes key aspects of market logistics like physical distribution, supply chain management, and integrated logistics systems. Market logistics planning involves deciding on value propositions, channel design, operational excellence, and information systems.
3. The objectives of logistics management are listed as inventory reduction, reliable delivery, freight economy, minimum damage, and quick response. Integrated logistics systems use information technology to manage material management and physical distribution across the supply chain.
The document discusses the key components of supply chain management. It outlines seven main components: planning, procurement, production planning, inventory management, warehousing, logistics. Planning involves demand forecasting and supplier relationships. Procurement acquires materials. Production planning maximizes output. Inventory management maintains optimal stock levels. Warehousing stores goods to reduce costs. Logistics delivers products to customers. The components work together to efficiently manage the flow of goods from suppliers to customers.
This document provides an overview of key concepts in international logistics and global supply chain management. It discusses the evolution of logistics and supply chain management, factors driving globalization of business, and essential components for effective global logistics and SCM. The document also summarizes several keys to global logistics excellence, including total delivered cost management, global logistics process automation, and integrated planning and execution platforms.
The document discusses supply chain management (SCM) and logistics. It provides definitions of SCM and logistics, explaining that SCM aims to integrate suppliers, factories, warehouses, and stores to minimize costs while meeting service requirements. Logistics involves the flow of materials from suppliers to customers. The document also outlines some of the key challenges in SCM, such as global supply chains, changing customer expectations, and conflicting objectives between different parts of the supply chain.
This document provides an overview of key concepts in logistics and supply chain management. It defines logistics as the management of the flow of goods and information from origin to consumption. It also discusses related topics like transportation, warehousing, inventory control, and supply chain management. The document aims to explain the end-to-end process of moving products from suppliers to customers in the most efficient way.
Copy of logistics_managment_presentation-_ahmed_hosni_negmAhmed Hosni
This document discusses logistics management and strategy. It defines logistics and outlines the key processes involved, including receiving, storage/inventory control, and sales/delivery control. It also discusses formulating a logistics strategy by understanding business needs, developing a business model, and managing implementation. The document highlights factors to consider like facilities, technology, and quality. It proposes goals like reducing costs and time to market. Overall the document provides an overview of developing and implementing an effective logistics strategy.
This document provides an overview of logistics management. It defines logistics as managing the flow of materials and finished goods from suppliers to customers. This includes transportation, warehousing, inventory management, and information systems. The objectives of an effective logistics system are to ensure the right goods are delivered to customers in the correct quantities, locations, times and at the lowest overall cost while meeting quality standards. Key aspects of logistics discussed include distribution and warehousing management, physical distribution, and reducing supply chain costs.
The document discusses the evolution of distribution and logistics management to modern supply chain management (SCM). It describes how the focus has shifted from physical distribution, to integrated logistics management, and now SCM which links partners throughout the supply chain. SCM aims to deliver enhanced customer value through coordinated management of information and material flows. The document also outlines key aspects of logistics and SCM including activities, strategies, integration, and enabling information technologies.
The document discusses logistics management and supply chain management. It defines logistics management as planning and implementing effective movement and storage of goods and information from origin to destination to meet customer demands. The key objectives of logistics management are reducing costs, improving customer service, increasing sales, and establishing competitive advantages. The document also discusses international marketing, supply chain trends, third-party logistics, and fourth-party logistics.
The document provides an overview of key concepts in logistics management. It defines logistics management and discusses related concepts like transportation, warehousing, inventory management, packaging, and control/communication. Logistics management aims to coordinate activities like procurement, manufacturing, and distribution to meet customer demands efficiently. It involves planning and optimizing the flow of goods and information.
Logistics plays a strategic role in coordinating purchasing, distribution, and other functions to deliver goods and services. The document outlines key logistics activities like planning, sourcing, production, delivery, and returns. It provides examples of how these processes work for a transit bus operation and IKEA's supply chain. The different modes of transportation like truck, ship, air, rail, pipeline, and hand delivery are also discussed.
The document provides an overview of supply chain management and logistics management. It defines supply chain management as dealing with linking organizations within a supply chain to meet demand efficiently at low cost. Logistics management is defined as managing the flow of goods from origin to customer to meet requirements. The key aspects of logistics work are described as order processing, inventory management, transportation, warehousing, and facility network design. The overall integrated supply chain framework and conceptual diagram are also presented.
The document discusses supply chain management and logistics. It defines key terms like supply chain management, logistics, and the differences between the two. It also outlines the major activities in the logistics cycle including forecasting, procurement, inventory management, and key forms and records used like stock control cards and daily activity registers. Ordering processes, receiving, storage conditions and key performance indicators are also summarized.
This document provides an introduction to logistics and supply chain management. It discusses key topics like objectives of SCM, stages of the supply chain, value chain processes, cycle and push/pull views of supply chain processes, and key issues in SCM. It also defines logistics, describes logistics activities, and explains the relationship between logistics and SCM. The document is made up of lecture slides that appear to be from an online course on logistics and SCM.
This document provides an overview of marketing logistics. It defines logistics and marketing logistics, and discusses the difference between supply chain and logistics. Marketing logistics involves planning and managing the physical flow of goods from suppliers to customers, including inbound, outbound, and reverse logistics. Improved marketing logistics can provide competitive advantages through better customer service or lower prices, and yield cost savings. The document also discusses the seven R's of logistics management, common logistics functions, modes of transportation, and the role of third-party logistics providers. It explains that the goal of marketing logistics is to provide a targeted level of customer service at the least cost.
Logistics is the process of planning, implementing, and controlling the efficient flow of goods, services and information from the point of origin to the point of consumption according to customer needs. It involves functions like procurement, inventory management, warehousing, transportation and customer service. While logistics deals with internal management of flows, supply chain management encompasses both internal logistics and external management of relationships with suppliers and customers. There are different types of logistics like inbound, outbound, third-party and reverse logistics that facilitate the movement of goods within and outside the organization.
The document discusses supply chain management (SCM) and its importance for managing risks and complexities in global business. It defines SCM as the strategic management of acquiring materials and converting them into finished products for customers. An effective SCM requires integrating the entire supply chain to maximize benefits. It also discusses selecting reliable supply sources, seeking long-term partnerships, and measuring performance to improve supply management strategies. SCM aims to efficiently meet customer demand with the right products delivered at the right time and location through coordinated information, material, and financial flows across organizations.
This document provides an overview of demand and supply analysis concepts including:
- Definitions of key terms like market, demand, individual vs market demand, determinants of demand, demand curves, law of demand, supply, determinants of supply, law of supply, and market equilibrium.
- Descriptions of different types of demand like organization vs industry demand, autonomous vs derived demand, short-term vs long-term demand.
- Explanations of concepts like demand schedules, demand functions, exceptions to the law of demand, law of diminishing marginal utility, and demand curves.
- Discussions of elasticity including definitions of price elasticity, income elasticity, cross elasticity, and promotional
This document provides an introduction to managerial economics. It defines managerial economics and discusses its scope and relationship to other disciplines. Basic economic concepts for decision making like opportunity cost, incremental principle, and discounting principle are covered. The roles and responsibilities of managerial economists in business are described, including assisting with planning, analysis, and advising management. The document also discusses economic objectives of firms, scarcity of resources, efficiency, and the role of government in economic development through fiscal and monetary policy.
1. The document discusses market logistics, which includes planning infrastructure to meet demand and implementing physical flows of materials from origin to use points to meet customer requirements at a profit.
2. It describes key aspects of market logistics like physical distribution, supply chain management, and integrated logistics systems. Market logistics planning involves deciding on value propositions, channel design, operational excellence, and information systems.
3. The objectives of logistics management are listed as inventory reduction, reliable delivery, freight economy, minimum damage, and quick response. Integrated logistics systems use information technology to manage material management and physical distribution across the supply chain.
The document discusses the key components of supply chain management. It outlines seven main components: planning, procurement, production planning, inventory management, warehousing, logistics. Planning involves demand forecasting and supplier relationships. Procurement acquires materials. Production planning maximizes output. Inventory management maintains optimal stock levels. Warehousing stores goods to reduce costs. Logistics delivers products to customers. The components work together to efficiently manage the flow of goods from suppliers to customers.
This document provides an overview of key concepts in international logistics and global supply chain management. It discusses the evolution of logistics and supply chain management, factors driving globalization of business, and essential components for effective global logistics and SCM. The document also summarizes several keys to global logistics excellence, including total delivered cost management, global logistics process automation, and integrated planning and execution platforms.
The document discusses supply chain management (SCM) and logistics. It provides definitions of SCM and logistics, explaining that SCM aims to integrate suppliers, factories, warehouses, and stores to minimize costs while meeting service requirements. Logistics involves the flow of materials from suppliers to customers. The document also outlines some of the key challenges in SCM, such as global supply chains, changing customer expectations, and conflicting objectives between different parts of the supply chain.
This document provides an overview of key concepts in logistics and supply chain management. It defines logistics as the management of the flow of goods and information from origin to consumption. It also discusses related topics like transportation, warehousing, inventory control, and supply chain management. The document aims to explain the end-to-end process of moving products from suppliers to customers in the most efficient way.
Copy of logistics_managment_presentation-_ahmed_hosni_negmAhmed Hosni
This document discusses logistics management and strategy. It defines logistics and outlines the key processes involved, including receiving, storage/inventory control, and sales/delivery control. It also discusses formulating a logistics strategy by understanding business needs, developing a business model, and managing implementation. The document highlights factors to consider like facilities, technology, and quality. It proposes goals like reducing costs and time to market. Overall the document provides an overview of developing and implementing an effective logistics strategy.
This document provides an overview of logistics management. It defines logistics as managing the flow of materials and finished goods from suppliers to customers. This includes transportation, warehousing, inventory management, and information systems. The objectives of an effective logistics system are to ensure the right goods are delivered to customers in the correct quantities, locations, times and at the lowest overall cost while meeting quality standards. Key aspects of logistics discussed include distribution and warehousing management, physical distribution, and reducing supply chain costs.
The document discusses the evolution of distribution and logistics management to modern supply chain management (SCM). It describes how the focus has shifted from physical distribution, to integrated logistics management, and now SCM which links partners throughout the supply chain. SCM aims to deliver enhanced customer value through coordinated management of information and material flows. The document also outlines key aspects of logistics and SCM including activities, strategies, integration, and enabling information technologies.
The document discusses logistics management and supply chain management. It defines logistics management as planning and implementing effective movement and storage of goods and information from origin to destination to meet customer demands. The key objectives of logistics management are reducing costs, improving customer service, increasing sales, and establishing competitive advantages. The document also discusses international marketing, supply chain trends, third-party logistics, and fourth-party logistics.
The document provides an overview of key concepts in logistics management. It defines logistics management and discusses related concepts like transportation, warehousing, inventory management, packaging, and control/communication. Logistics management aims to coordinate activities like procurement, manufacturing, and distribution to meet customer demands efficiently. It involves planning and optimizing the flow of goods and information.
Logistics plays a strategic role in coordinating purchasing, distribution, and other functions to deliver goods and services. The document outlines key logistics activities like planning, sourcing, production, delivery, and returns. It provides examples of how these processes work for a transit bus operation and IKEA's supply chain. The different modes of transportation like truck, ship, air, rail, pipeline, and hand delivery are also discussed.
The document provides an overview of supply chain management and logistics management. It defines supply chain management as dealing with linking organizations within a supply chain to meet demand efficiently at low cost. Logistics management is defined as managing the flow of goods from origin to customer to meet requirements. The key aspects of logistics work are described as order processing, inventory management, transportation, warehousing, and facility network design. The overall integrated supply chain framework and conceptual diagram are also presented.
The document discusses supply chain management and logistics. It defines key terms like supply chain management, logistics, and the differences between the two. It also outlines the major activities in the logistics cycle including forecasting, procurement, inventory management, and key forms and records used like stock control cards and daily activity registers. Ordering processes, receiving, storage conditions and key performance indicators are also summarized.
This document provides an introduction to logistics and supply chain management. It discusses key topics like objectives of SCM, stages of the supply chain, value chain processes, cycle and push/pull views of supply chain processes, and key issues in SCM. It also defines logistics, describes logistics activities, and explains the relationship between logistics and SCM. The document is made up of lecture slides that appear to be from an online course on logistics and SCM.
This document provides an overview of marketing logistics. It defines logistics and marketing logistics, and discusses the difference between supply chain and logistics. Marketing logistics involves planning and managing the physical flow of goods from suppliers to customers, including inbound, outbound, and reverse logistics. Improved marketing logistics can provide competitive advantages through better customer service or lower prices, and yield cost savings. The document also discusses the seven R's of logistics management, common logistics functions, modes of transportation, and the role of third-party logistics providers. It explains that the goal of marketing logistics is to provide a targeted level of customer service at the least cost.
Logistics is the process of planning, implementing, and controlling the efficient flow of goods, services and information from the point of origin to the point of consumption according to customer needs. It involves functions like procurement, inventory management, warehousing, transportation and customer service. While logistics deals with internal management of flows, supply chain management encompasses both internal logistics and external management of relationships with suppliers and customers. There are different types of logistics like inbound, outbound, third-party and reverse logistics that facilitate the movement of goods within and outside the organization.
The document discusses supply chain management (SCM) and its importance for managing risks and complexities in global business. It defines SCM as the strategic management of acquiring materials and converting them into finished products for customers. An effective SCM requires integrating the entire supply chain to maximize benefits. It also discusses selecting reliable supply sources, seeking long-term partnerships, and measuring performance to improve supply management strategies. SCM aims to efficiently meet customer demand with the right products delivered at the right time and location through coordinated information, material, and financial flows across organizations.
This document provides an overview of demand and supply analysis concepts including:
- Definitions of key terms like market, demand, individual vs market demand, determinants of demand, demand curves, law of demand, supply, determinants of supply, law of supply, and market equilibrium.
- Descriptions of different types of demand like organization vs industry demand, autonomous vs derived demand, short-term vs long-term demand.
- Explanations of concepts like demand schedules, demand functions, exceptions to the law of demand, law of diminishing marginal utility, and demand curves.
- Discussions of elasticity including definitions of price elasticity, income elasticity, cross elasticity, and promotional
This document provides an introduction to managerial economics. It defines managerial economics and discusses its scope and relationship to other disciplines. Basic economic concepts for decision making like opportunity cost, incremental principle, and discounting principle are covered. The roles and responsibilities of managerial economists in business are described, including assisting with planning, analysis, and advising management. The document also discusses economic objectives of firms, scarcity of resources, efficiency, and the role of government in economic development through fiscal and monetary policy.
The document discusses key aspects of the Indian economy:
- It is a developing economy characterized by low per capita incomes, heavy population pressure, and a predominance of agriculture. Unemployment and poor technology are also issues.
- Agriculture forms the backbone of the economy, engaging a large portion of the working population. However, most Indians live below the poverty line.
- The economy is growing but faces challenges such as unequal income distribution and lack of job opportunities. Projections place GDP growth at around 5-7% annually.
- International organizations monitor the economy and Human Development Index, which factors in life expectancy, education and income to rank countries. Inequality is also an important consideration.
This document discusses various topics related to entrepreneurship including:
1. Entrepreneurs challenge the unknown by recognizing opportunities where others see chaos and catalyzing change.
2. Common misconceptions about entrepreneurship include that it only requires a great idea, is easy, is risky, and is only found in small businesses.
3. Entrepreneurship is a mindset involving seeking opportunities, taking risks, and having tenacity to push ideas forward. It permeates an individual's innovative approach to business.
The document discusses the different modes of transport including rail, road, air, water, pipeline, and multimodal transport. It provides details on each mode, highlighting advantages such as flexibility for road transport, lowest overall cost for rail transport, and speed of delivery for air transport. It also notes disadvantages for each mode like inflexibility and inability to stop at intermediary points for rail transport and high costs for air transport. Key factors that influence the choice of transport mode are identified as the nature of materials, volume, distance, speed, security, and cost.
This document discusses various modes of transportation including rail, road, water, air, pipeline, and multimodal transport. It provides details on the characteristics, advantages, and disadvantages of each mode. Rail transport is best for heavy loads over long distances but has limitations around flexibility. Road transport has the most extensive networks but is expensive for long distances. Water transport has low costs but slow speeds. Air transport provides fast delivery but is very costly. Pipelines are only for transporting fluids over long distances. Multimodal transport combines two or more modes for a single journey.
Multimodal transportation in India evolved from Indian Railways' efforts in the 1960s to containerize goods and move cargo in specialized containers. Standard ISO containers began being used in the 1970s. CONCOR was established in 1988 to take over existing ICD networks. The Multimodal Transport Act was passed in 1993 to establish liability regimes. Major manufacturing hubs contributing to exports are located in northern states like Punjab and Haryana, as well as Gujarat, Maharashtra, and Tamil Nadu. Sagarmala aims to enhance India's logistics performance through port modernization and connectivity improvements. Key components of multimodal transport include ICDs for cargo consolidation/deconsolidation and CFSs for handling less than container
Multimodal Transportation Concept and Framework.pdfManojMba2
The document discusses various transportation concepts including unimodal, intermodal, combined, and multimodal transport. It defines these terms and compares their advantages and disadvantages. The document also examines the roles of multimodal transport operators and how they differ from agents, with operators assuming principal responsibility under contracts of carriage.
Six Sigma is a methodology for eliminating defects and driving processes towards near perfection through a data-driven approach. It aims for no more than 3.4 defects per million opportunities by following a four phase approach of measuring processes, analyzing for understanding, improving processes to reach higher sigma levels, and controlling through ongoing monitoring. Six Sigma projects use one of two five phase methodologies, DMAIC which focuses on improving existing processes and DMADV which focuses on designing new processes.
MRP, MRP II, and ERP systems are all used for inventory management and production planning but differ in scope. MRP focuses on scheduling materials for production. MRP II adds additional business functions like finance and HR. ERP is the most comprehensive, integrating all core business functions across an entire organization for real-time visibility and collaboration between departments. It offers automation, a single database, common interface, and integration of critical functions. Facility location and layout are also important considerations for production planning. Location selection involves choosing a country, region, and site based on operating factors. Layout refers to the internal configuration of a facility to optimize material and work flow.
Product design directly influences production strategy in three key ways: (1) product characteristics are established during design, (2) characteristics affect how a product is made, and (3) how a product is made determines the production system design. Product design activities include translating customer needs, refining existing products, developing new products, establishing quality and cost targets, prototyping, and documenting specifications. Objectives of product design include long-term profit generation, achieving desired quality, reducing development time and cost, lowering product cost, and ensuring manufacturability.
Materials management involves planning and controlling the flow of materials from procurement to finished goods. The objectives are to have the right materials in the right place at the right time at lowest cost. This involves purchasing, inventory control, stores management, and ensuring suppliers meet quality standards. Key concepts and methods include inventory control methods like ABC analysis, economic order quantity, Just-in-Time, and Six Sigma for process improvement.
The document outlines 4 steps in selecting a plant location: 1) Deciding whether the location will be within the country or outside, 2) Choosing the broader region, 3) Picking the specific community or locality, 4) Selecting the exact site.
The document summarizes several events organized by IDAD in 2016-2019, including a two-day national seminar on cryogenics and cryo-materials with 63 participants from reputed institutions. It also discusses the 7th National Conference on Design and Manufacturing which included 75 technical papers across 4 sessions and 4 keynote speakers. Finally, it mentions the International Conference on Design and Manufacturing with 227 contributed papers and 10 keynote speakers from universities in Germany, France, Taiwan, Singapore, China and India. Selected papers from the conferences were published in relevant journals.
Pay for performance systems aim to motivate healthcare providers through financial incentives for meeting quality and efficiency metrics. However, studies show these systems often have mixed results, as important outcomes like time spent with patients are difficult to quantify. While pay for performance is meant to signal a shift away from entitlements, properly specifying and measuring job performance, identifying valued rewards, and linking rewards to performance remain challenges. Effective performance management systems provide goals, feedback, recognition, and learning opportunities to guide employees in advancing organizational objectives.
New Microsoft PowerPoint Presentation.pptxManojMba2
An operations strategy involves decisions about how an organization will produce and deliver goods and services. It encompasses all steps in manufacturing and delivery processes. An operations strategy works with the overall business strategy to help the organization achieve long-term goals and competitiveness. Key elements of an operations strategy include products and assembly, inventory management, supply chain optimization, quality control, facilities management, and forecasting. For success, an operations strategy should establish goals for each operation, employ the right people, encourage innovation, and regularly analyze performance.
This document discusses key concepts related to demand and elasticity. It defines demand, types of demand, individual and market demand, and determinants of demand. It also covers the demand curve and function, law of demand, demand schedule and exceptions. For elasticity, it defines price, income, and cross elasticity. It discusses types of price elasticity including perfectly elastic/inelastic and unit elastic demand. Finally, it covers methods for measuring price elasticity including total outlay, proportional, and point methods.
National income is defined as the total value of goods and services produced in a country in a year. It includes incomes earned from labor, capital, land, and entrepreneurship during production. India's per capita income has been growing in recent years, reaching an estimated ₹135,050 in 2019-2020. National income statistics help understand an economy's performance and standard of living.
The document provides an overview of models of conflict, including definitions, causes, consequences, and solutions. It begins by defining conflict and distinguishing between different types. Key points include:
- Conflict is a perception of incompatibility between two interdependent parties. It exists when one party feels another has negatively affected something they care about.
- There are various causes of conflict including personal, structural, and communication factors. Conflict has both functional and dysfunctional consequences depending on how it is managed.
- Conflict management aims to minimize dysfunctional aspects and enhance constructive functions, while conflict resolution seeks to end conflict. Managing conflict appropriately is important for optimal organizational performance.
The document discusses trends in India's export and import trade. It notes that in 2019-20, India's total exports were US$528.45 billion while imports were US$598.61 billion. Merchandise exports were US$314.31 billion and imports US$467.19 billion. The document then outlines reasons for India's historically poor share of world exports, including exporter problems like quality, price and promotion as well as general causes like infrastructure and domestic market size. Finally, it lists steps that can be taken to boost exports and imports such as import replenishment licenses and duty exemptions, and difficulties exporters face like transportation, payments and cultural differences.
Explore the key differences between silicone sponge rubber and foam rubber in this comprehensive presentation. Learn about their unique properties, manufacturing processes, and applications across various industries. Discover how each material performs in terms of temperature resistance, chemical resistance, and cost-effectiveness. Gain insights from real-world case studies and make informed decisions for your projects.
2. WHAT IS LOGISTICS?
Logistics is the . . . “process of planning, implementing, and
controlling the efficient, effective flow and storage of goods,
services, and related information from point of origin to point of
consumption for the purpose of conforming to customer
requirements.”
3. • Logistics is basically a process of transporting goods (either raw material or finished products)
from one point to another point. The two major functions of logistics
are transportation and warehousing
• The operations include planning, implementing, and maintaining the transportation and storage
of goods that include service as well as information of the initial point and the endpoint. (Easy to
understand, right?)
• Basically, it is an activity that comes under the supply chain system. If a person works in the field
of logistics management, then we can call him a logistician.
4. IS IT DIFFERENT FROM SCM?
Not really!
“Supply Chain Management deals with the management of
materials, information, and financial flows in a network consisting
of suppliers, manufacturers, distributors, and customers.”
So, Logistics and Supply Chain are equivalent terms.
5. LOGISTICS FUNCTIONS
• Purchasing / Procurement
• Inventory Control
• Warehousing
• Materials Handling
• Facility Location / Network Design
• Transportation
• Customer Service
• Order Processing
6. VISUAL REPRESENTATION OF INTEGRATED
LOGISTICS MANAGEMENT
Supplier
Supplier
Transport
Delivery
Consolidation
Warehouse
Manufacturing
StageI Manufacturing
StageN
Manufacturing
StageII
Finished Goods
Localdelivery
Finished Goods
Storage
RawMaterials Source
Wholesaler
Retailer
Retailer
Transport
RawMaterials Source
Localdelivery
Material
Handling
Rawmaterials
or PartsStorage
Customers
Warehouse
Manufcaturing
NStages
Material
Handling
Delivery
INBOUND LOGISTICS
INTERNAL LOGISTICS
OUTBOUND LOGISTICS
Material Flow Information Flow
Note:
Transport
Transport
Material
Handling
7. NATURE AND CONCEPTS
• 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 the
requirements of consumers (frequently, and originally, military
organizations).
• Logistics involves the integration of information, transportation,
inventory, warehousing, material-handling, and packaging, and
occasionally security. Logistics is a channel of the supply chain
which adds the value of time and place utility.
• Today the complexity of production logistics can be modeled,
analyzed, visualized and optimized by plant simulation software
8. TYPES OF LOGISTICS
A. Inbound Logistics
B. Outbound Logistics
C. Third Party Logistics
D. Fourth Party Logistics
E. Reverse Logistics
9. A. INBOUND LOGISTICS
• Inbound logistics refers to the transport, storage and delivery of
goods coming into a business. Outbound logistics refers to the
same for goods going out of a business.
10. • Sourcing and vendor selection for supply of raw materials and
manufacturing parts
• Inbound transportation and procurement planning
• Raw materials warehousing including consolidation warehousing
• Management of Inventory
• Information system for effective support strategic alliances with
the supplies and transporters
11. B. OUTBOUND LOGISTICS
• Outbound logistics refers to the same for goods going out of a
business. Inbound and outbound logistics combine within the
field of supply-chain management, as managers seek to
maximize the reliability and efficiency of distribution networks
while minimizing transport and storage costs.
12. • Outbound logistics system is concerned with the flow of finished products
from factory warehouse to the customers through a distribution network
comprising:
• The wholesalers
• Distributors
• Retailers
• Regional warehouses
• Transporters
• The inventory at all levels
• Sales order processing
• Sales return processing
• Accounts receivable realization and
• Counter flow of information from the customers to the factory
13. C. THIRD PARTY LOGISTICS
• A 3PL (third-party logistics) is a provider of outsourced logistics
services. Logistic services encompass anything that involves
management of the way resources are moved to the areas where
they are required. The term comes from the military.
14. D. FOURTH PARTY LOGISTICS
• This evolution in supply chain outsourcing is Fourth-party
Logistics or 4PL.A 4PL provider is a supply chain integrator. The
4PL assembles and manages all resources, capabilities and
technology of an organization's Supply Chain and its array of
providers.
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Low Level of International Cross
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16. E. REVERSE LOGISTICS
• Reverse logistics is for all operations related to the reuse of
products and materials. It is "the process of moving goods from
their typical final destination for the purpose of capturing value, or
proper disposal.
17. MAJOR FEATURES OF FOR
LOGISTICS MANAGEMENT
• Smooth flow of all types of goods such as raw mareials, work-in-
process and finished goods
• Meeting customer expectations about product and related
information requirements
• Real time flow of information about products’ demand and
availability
• Delivery of quality product in required quantity without excessive
safety stock
• Best possible customer service at the least possible cost
• Integration of various managerial functions for optimization of
resources
• Movement and storage of goods in appropriate quantity
• Enhancement of productivity and profitability
18. CROSS DOCKING
Cross docking is a logistics procedure where products from
a supplier or manufacturing plant are distributed directly
to a customer or retail chain with marginal to no handling
or storage time
19. INTEGRATED LOGISTICS MANAGEMENT
• Integrated Logistics is viewed as a method to create a
sustainable competitive advantage over the company's
competition
• Logistics strategy must be integrated with corporate strategy
because corporate strategy sets the basic requirement to the
Logistics system of a strategy
20. • The logics process is becoming more demanding and complex,
so is the business environment in which the logistics has to
operate
• Highlights seven critical factors including that are contributing to
the complexity of logistics system operations
• Escalating customer demand
• Cycle time reduction
• Globalization
• Restructuring
• Supply Chain Partnerships
• Productivity pressures and
• Environmental awareness
21. STRATEGIC LOGISTICS
PLANNING
• Strategic logistics planning is essentially concerned with the
deployment and management of logistics resources to met the
desired cost effective service performance of the system
• This may involve, number and location of warehouses, mode and
carrier selection, Inventory positioning, inventory planning, sub
contracting of services, sourcing, equipment and facilities
planning, order management and Information systems planning
etc.
22. • This is also includes such decisions as location and capacities of
company owned plants and warehouses, acquisition or long term
hiring of carriers like ships barges, trucks etc, acquisition of
martial handling system and facilities, balancing facilities to
maximize throughput and flexibility and introduction of system to
help, reductions in response time and in process inventory
• Choice of supply, transport mode, strategic alliance with both
suppliers and customers also form parts of these strategic
logistics planning process.
23. • The process of strategically managing the acquisition, movement
and storage of materials, parts, finished goods inventory, and
related information flows through the organization and its
marketing channel in such a way that current and future
profitability is maximized through the cost-effective fulfillment of
orders.
24. MAIN OBJECTIVES OF LOGISTICS
PLANNING ARE:
• Cost reduction: - This strategy is directed towards minimizing
the variable costs associated with the movement and storage.
The best strategy is to evaluate the alternative courses of
action and select the optimum one keeping profit
maximization as the prime goal in mind.
• Capital reduction: - This strategy is directed towards
minimizing the level of investment in the logistics system.
• Service improvements: - This strategy recognizes that the
revenue is a function of the logistics service provided and
develops an effective service strategy that is different from the
one provided by competitors
25. ISSUES FOR GLOBAL LOGISTICS
• Movement of product
• The flow of information
• Time /Service
• Cost competitiveness
• Integration
• Different culture
26. MAIN FEATURES OF LOGISTICS
• A fragmented logistics
• Optimization of physical operations
• Economical perspectives
• Skills & dimensions
27.
28. The mission of logistics management
• The mission is to plan and coordinate all those activities necessary
to achieve desired levels of delivered service and quality at lowest
possible cost. Logistics must therefore be seen as the link between
the marketplace and the operating activity of the business. The
scope of the logistics spans the organization, from the management
of raw materials through to the delivery of the final product.
29. The marketing and logistics interface
• Interface between Logistics Marketing– The connection between
marketing and logistics management, logistics concerns the market
marketing, marketing facilitator logistics, in series to achieve
marketing, satisfy customer demand, promote effectively, obtain
the product value to support customer loyalty and so on all
necessary to be resolved, logistics and marketing for the logistics
management plan and marketing strategy implementation of the
great role in promoting.
30. • Marketing is the practice of understanding what customers need and then
communicating how the company can achieve those needs.
• While advertising, social networking and product packaging design are all
part of marketing, so is the analysis of sales and response data to figure out
what customers like and want so that the outgoing messages can be adjusted.
• Logistics and marketing are normally concerned with entertaining the
customers’ needs and wants, respectively by their supply and demand
purposes in a marketing channel.
• The interface between logistics and marketing is perilous to the delivery of
customer service. The major goal of conflict for logistics and marketing
interface is related to 5Ps (product, price, place, promotion, and packaging)
of marketing.
• Without the successful link of logistics and marketing, the firm may be
unable to provide good customer services, resulting in dissatisfied customers
or a lost sale.
• For organizations to be successful in delivering higher customer value,
logistics and marketing functions must be integrated because the right
product must be at the right price, advertised through proper promotions,
provided in the right packaging, and must be available at the right place.
31. Customer service
• Logistics is a crucial component in the efficiency of many
companies. Without a good logistics plan as part of your supply
chain, then getting goods to markets – or receiving raw goods –
becomes a difficult task. But in order for logistics activities to
operate smoothly, there is another crucial component to be
considered: customer service.
• Without a good level of communication and an efficient level of
customer service, then any logistics chain will not operate as well
as it should. Providing good customer service and communications
as part of your logistics services is essential to success.
32. • Communicate Quickly and Thoroughly to Build Trust
• Communication and trust go hand-in-hand. When a client sees that you
communicate all information quickly, even when it may be bad news, then
they will realize that they can trust you in every aspect of your relationship.
• Updating clients at different stages of their logistics experience means they
know your company is thorough. While advising a client of a delay may seem
like a negative, it is also good business practice as it enables them to make
any adjustments to their own schedules. Whether dealing with inbound
logistics or outbound logistics, good channels of communication must be a
constant factor.
• Speed
• Speed is not just about how quickly you deliver goods. It is also about how
quickly you respond to customer inquiries. In the modern logistics industry,
it’s not just about how fast you deliver shipments, but about how fast you
deliver information.
• Consistency
• Consistency has to be present in how you communicate with customers.
Always provide a customer with answers, even when you don’t have one
33. Customer service and customer retention
• Logistics is an industry that is constantly moving and at quick
speeds. They must adhere to tight deadlines and a high level of
proficiency to keep up with demand.
• In today's modern world, the logistics industry has become
essential to our global economy. However, in a time where the
competition is tough, logistics companies have to adapt quickly.
34. • Building Customer Loyalty
• Thanks to the growth of eCommerce, online shopping, and emerging
small businesses, the logistics industry shows no sign of slowing, plus,
consumers have now grown accustomed to specific standards when it
comes to making purchases online.
• Customer Satisfaction
• Business owners understand the fundamental part of their business's
success and growth is the customers. Part of that process is not just
attracting them but keeping them returning for your product or service.
• Fulfillment
• Every industry has particular expectations from the customer that are
unique to their offering. Logistics is no exception. Fulfillment
management should be as streamlined and efficient as possible. From
the purchase to delivery, every step in the process should consider the
customer.
35. • Quick Delivery Times
• The heart of logistics is rooted in how quickly products are delivered.
Now, companies can offer next-day delivery, and in some cases same
day. These offerings drive customers in their purchase decisions, with
45% of customers stating they are more likely to do business with a
company that can provide these options.
• Customer Support
• In an industry such as this, you never want to underestimate the
importance of customer support and communication. Without effective
communication, no one would feel confident in the persons they are
doing business with. In addition, customers want to contact someone at
any time during the process, as they may have questions or need
assistance.
36. • Ease of Use
• The process of placing an order, shipping, and returns should be carried
out with as little hassle to the customer as possible. Returns impact
overall customer satisfaction, with 96% saying it is a significant factor in
purchasing decisions. However, it doesn't stop there; how people interact
with your app or website also affects your customers' experience. A
simple, straightforward interface and design can provide better
functionality for its users.
• Backend Operations that Aid in Retention
• There are many contributing factors to how your customer will feel by the
end of the transaction. The front end of logistics is essential; however, the
back in is as important. Allowing your workflow and employees to
perform at their best comes by putting systems into place that can be
streamlined and enhance the company's overall efficiency.
• Resolving Customer Issues
• With all the care that goes into the process, mistakes can sometimes
happen. Customers generally understand this fact; that is why how you
handle each situation is critical. On the other hand, if a customer can have
the problem quickly resolved and with little effort, they may conclude that
their experience was still satisfactory.
37. Service-driven logistics system
An effective starting point for logistics system design is the
marketplace, in other words, companies must fully understand the
service needs of the various markets that they address and then seek
to develop a low cost logistics solution. The ideal logistics
strategies and systems should be devised in the following steps
38. IDENTIFYING CUSTOMER’S SERVICE NEEDS:- It is important that no
two customers will ever be exactly the same in terms of their service
requirements. However it will often be the case that customers will
fall into groups or “segments” which are characterized by a broad
similarity of service needs. These groupings might be thought of
as „service segments‟.
39. DEFINE CUSTOMER SERVICE OBJECTIVE AND PRIORITIES:
The whole purpose of logistics strategy is to provide customers with the
level and quality of service that they require and to do so at less cost to
the total supply chain. The definition of appropriate service objectives
is made easier if the concept of the perfect order is adopted. Perfect
order is achieved only when each of those service needs meets the
customer‟s satisfaction. One frequently encountered measure of the
perfect order is „on- time, in- full, and error- free‟. In order to calculate
the actual service level using the perfect order concept, performance
on each element is to be monitored and then the percentage achievement
on each element to be multiplied together. Customer service is usually
measured in terms of: The level of availability, The speed and
consistency of the customer‟s order cycle, and The communication that
takes place between seller and customer.
40. DESIGN THE LOGISTICS SYSTEM:
In the final step, ultimate designing the service driven logistics
system takes place which is based on the identifying customer‟s
service needs, customer service objectives, priorities, and their
service standards. Designing the service driven logistics system
boosts the morale of intermediaries and the interest of the customers
as well due to concentrating on the service levels and thereby adding
value at each stage.