Today Logistics is more important in all Sector, Good logistics management helps enhance business' efficiency and effectiveness in logistics process and supply chain management. Good logistics management leads to reduction in time spent on completing each step of a manufacturing process with the help of information technology and communication system.
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.
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.
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.
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.
Physical distribution involves planning and controlling the movement of goods from the producer to the consumer. It has several key components: order processing, storage and warehousing, inventory control, material handling, and transportation. Order processing ensures accurate and timely order fulfillment. Storage and warehousing provide inventory storage and distribution. Inventory control aims to maximize profit with optimal inventory levels. Material handling is the movement of goods within facilities. Transportation then delivers the goods to customers via various modes of transport. The goal is to efficiently move products to meet customer needs profitably.
This document provides an overview of logistics management. It defines logistics as the management of the flow of goods, resources, and information from the point of origin to the destination. The goal of logistics management is to ensure the efficient delivery of the right product, at the right cost, quantity, quality, place and time to customers. It discusses the key components of logistics including transportation, inventory planning, warehousing, and packaging. It also outlines the objectives and major functions of logistics management such as transportation management, warehouse management, and inventory management.
The document provides an overview of supply chain management. It discusses key parts of supply chains including procurement, operations, and logistics. It also covers establishing supply chain goals, understanding supply chain management across different industries, purchasing and supplier relationships, manufacturing and operations, logistics, integrating and coordinating the entire supply chain, and issues in supply chain management such as going global, creating ethical supply chains, and creating sustainable supply chains.
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.
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.
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.
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.
Physical distribution involves planning and controlling the movement of goods from the producer to the consumer. It has several key components: order processing, storage and warehousing, inventory control, material handling, and transportation. Order processing ensures accurate and timely order fulfillment. Storage and warehousing provide inventory storage and distribution. Inventory control aims to maximize profit with optimal inventory levels. Material handling is the movement of goods within facilities. Transportation then delivers the goods to customers via various modes of transport. The goal is to efficiently move products to meet customer needs profitably.
This document provides an overview of logistics management. It defines logistics as the management of the flow of goods, resources, and information from the point of origin to the destination. The goal of logistics management is to ensure the efficient delivery of the right product, at the right cost, quantity, quality, place and time to customers. It discusses the key components of logistics including transportation, inventory planning, warehousing, and packaging. It also outlines the objectives and major functions of logistics management such as transportation management, warehouse management, and inventory management.
The document provides an overview of supply chain management. It discusses key parts of supply chains including procurement, operations, and logistics. It also covers establishing supply chain goals, understanding supply chain management across different industries, purchasing and supplier relationships, manufacturing and operations, logistics, integrating and coordinating the entire supply chain, and issues in supply chain management such as going global, creating ethical supply chains, and creating sustainable supply chains.
This document provides an overview of logistics elements including packaging and material handling. It discusses the functions and types of packaging, as well as factors to consider in packaging decisions. Material handling involves the physical movement of materials and products within and outside a firm. The objectives are to improve efficiency and quality while reducing costs. Logistics activities ensure timely delivery and include demand forecasting, order processing, inventory control, and transportation. Logistics flow involves inventory flow between suppliers and customers, as well as information flow across the supply chain.
Logistics is the management of the flow of resources between the point of origin and the point of consumption to meet requirements. It involves integrating information flow, material handling, transportation, warehousing and security. Freight forwarders organize shipments for individuals or corporations by utilizing established carrier relationships to transport goods from manufacturers to markets by negotiated bids that balance speed, cost and reliability. Freight forwarders are responsible for preparing documentation, arranging transportation and insurance, ensuring lowest customs charges, and arranging storage to deliver goods on time and in good condition from one country to another.
The document discusses various aspects of logistics management including definitions, objectives, importance and key concepts. It defines logistics as the process of optimizing the flow of materials and supplies through an organization to deliver products to customers. The objectives of logistics are to make the right products available in the right place at the right time, while achieving customer satisfaction and lowest cost. It also discusses the importance of logistics in physical distribution, reverse logistics, material handling, packaging and the paradigm shift in viewing logistics operations as an integrated system rather than separate functions.
Logistics plays a crucial role in ensuring products are available at the right place and time. It encompasses the entire supply chain network from creation to delivery of products. Logistics activities include transportation, distribution, warehousing, inventory management, and information technology. Efficient logistics reduces costs, improves customer satisfaction, and enhances business competitiveness. Logistics involves planning and controlling the efficient flow of goods, services, and information throughout the supply chain from origin to consumption.
Shah Aafreen Mohammed Amin is a student pursuing an MCom in business management. Their roll number is 109.
Logistics is the management of the flow of goods from the point of origin to the point of consumption. It involves integrating information flow, material handling, production, packaging, inventory, transportation, and warehousing. The goal is to minimize the use of resources during import and export.
Marketing and logistics are highly interrelated. Marketing ensures activities are carried out to meet business goals, while effective logistics systems are needed to implement marketing strategies. They must be considered integral parts of an organization to achieve stability and development.
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.
Presentation on Logistics and transportation Management, Objectives, Importan...Alex Rajput
Presentation on Logistics and transportation includes IMPORTANCE OF LOGISTICS MANAGEMENT, Objectives of Logistics Management, Functional Framework of Logistics Management, Elements and Functions of Logistics, Role of Transportation, Functions of transportation, Modes of Transportation, Factors influencing the Transportation, Warehousing, Functions of Warehousing, Distribution of warehousing, Inventory Management, Types of Inventory, Inventory Management and Control
The document discusses the basics of logistics, including its importance and evolution. It defines logistics as the planning and execution of efficient movement and storage of goods from the point of origin to the point of consumption to meet customer needs. Logistics involves activities like procurement, inventory control, transportation, and warehousing. It is considered a subset of supply chain management, which coordinates networks of companies involved in delivering products to market. The evolution of logistics has expanded its focus from internal activities to coordination across company boundaries in the supply chain.
Sales & Distribution Management Module 4.pdfJayanti Pande
SALES & DISTRIBUTION MANAGEMENT MODULE 4| SCM, E-enabled Selling & Distribution| MARKETING PAPER 1 MBA SEM 3| RTMNU NAGPUR UNIVERSITY| BY JAYANTI R PANDE
MBA Notes by Jayanti Pande
#JayantiPande
#MBA
#MBAnotes
#MarketingNotes
Logistics Management, Inbound, Internal and Outbound Logistics in SCM, Developing the Logistics organization for effective Supply Chain Management, development of Integrated Logistics Strategy, Logistics in Maximizing profitability and cash flow, 3PL, 4PL, International Logistics, Reverse Logistics.
Logistics management involves optimizing the flow of materials through an organization to customers. It aims to satisfy customers while minimizing costs. Key aspects of logistics include procurement, distribution, packaging and the physical movement of goods through the supply chain. The objectives of logistics are to make the right products available in the right places at the right time for customers. Modern logistics adopts a system approach to coordinate information and material flows efficiently.
Logistics involves planning, implementing, and controlling the efficient flow of goods and services from the point of origin to the point of consumption. It includes selecting vendors, choosing transportation routes, using appropriate delivery methods, and leveraging technology to efficiently manage processes. Logistics management is a subset of supply chain management that deals specifically with efficiently managing the movement and storage of goods.
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.
To understand the escalating importance of logistics and supply-chain management as crucial tools for competitiveness.
To learn about materials management and physical distribution.
To learn why international logistics is more complex than domestic logistics.
To learn why international inventory management is crucial for success.
This document summarizes key aspects of integrated logistics management for a group project. It discusses objectives of integrated logistics such as efficiency and reducing costs. It also outlines various logistics functions like inventory management, transportation, order processing, warehousing, and supply chain modeling. The overall goal of integrated logistics is to get products to customers in the right quantity, place, time and condition at an acceptable cost.
Logistics refers to the planning, implementation, and control of efficient movement and storage of goods, services and information from origin to consumption. TCS Courier is a leading logistics provider that offers international and domestic delivery services as well as value-added services like warehousing and fleet solutions. Their vision is to be a respected, innovative and profitable knowledge-based logistics enterprise, and their mission is to achieve profitable growth through excellence in their core business and new service areas.
Logistics Management & Material HandelingSana Fatima
1. The document discusses logistics management concepts including key logistics activities, total cost concept, and relationship between logistics activities and costs.
2. It outlines 13 common logistics activities such as customer service, demand forecasting, inventory management, and transportation. These activities need to be integrated to improve efficiency.
3. The total cost concept aims to reduce overall logistics costs by analyzing trade-offs between order processing, inventory carrying, transportation, and other costs.
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.
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.
A workshop hosted by the South African Journal of Science aimed at postgraduate students and early career researchers with little or no experience in writing and publishing journal articles.
This document provides an overview of logistics elements including packaging and material handling. It discusses the functions and types of packaging, as well as factors to consider in packaging decisions. Material handling involves the physical movement of materials and products within and outside a firm. The objectives are to improve efficiency and quality while reducing costs. Logistics activities ensure timely delivery and include demand forecasting, order processing, inventory control, and transportation. Logistics flow involves inventory flow between suppliers and customers, as well as information flow across the supply chain.
Logistics is the management of the flow of resources between the point of origin and the point of consumption to meet requirements. It involves integrating information flow, material handling, transportation, warehousing and security. Freight forwarders organize shipments for individuals or corporations by utilizing established carrier relationships to transport goods from manufacturers to markets by negotiated bids that balance speed, cost and reliability. Freight forwarders are responsible for preparing documentation, arranging transportation and insurance, ensuring lowest customs charges, and arranging storage to deliver goods on time and in good condition from one country to another.
The document discusses various aspects of logistics management including definitions, objectives, importance and key concepts. It defines logistics as the process of optimizing the flow of materials and supplies through an organization to deliver products to customers. The objectives of logistics are to make the right products available in the right place at the right time, while achieving customer satisfaction and lowest cost. It also discusses the importance of logistics in physical distribution, reverse logistics, material handling, packaging and the paradigm shift in viewing logistics operations as an integrated system rather than separate functions.
Logistics plays a crucial role in ensuring products are available at the right place and time. It encompasses the entire supply chain network from creation to delivery of products. Logistics activities include transportation, distribution, warehousing, inventory management, and information technology. Efficient logistics reduces costs, improves customer satisfaction, and enhances business competitiveness. Logistics involves planning and controlling the efficient flow of goods, services, and information throughout the supply chain from origin to consumption.
Shah Aafreen Mohammed Amin is a student pursuing an MCom in business management. Their roll number is 109.
Logistics is the management of the flow of goods from the point of origin to the point of consumption. It involves integrating information flow, material handling, production, packaging, inventory, transportation, and warehousing. The goal is to minimize the use of resources during import and export.
Marketing and logistics are highly interrelated. Marketing ensures activities are carried out to meet business goals, while effective logistics systems are needed to implement marketing strategies. They must be considered integral parts of an organization to achieve stability and development.
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.
Presentation on Logistics and transportation Management, Objectives, Importan...Alex Rajput
Presentation on Logistics and transportation includes IMPORTANCE OF LOGISTICS MANAGEMENT, Objectives of Logistics Management, Functional Framework of Logistics Management, Elements and Functions of Logistics, Role of Transportation, Functions of transportation, Modes of Transportation, Factors influencing the Transportation, Warehousing, Functions of Warehousing, Distribution of warehousing, Inventory Management, Types of Inventory, Inventory Management and Control
The document discusses the basics of logistics, including its importance and evolution. It defines logistics as the planning and execution of efficient movement and storage of goods from the point of origin to the point of consumption to meet customer needs. Logistics involves activities like procurement, inventory control, transportation, and warehousing. It is considered a subset of supply chain management, which coordinates networks of companies involved in delivering products to market. The evolution of logistics has expanded its focus from internal activities to coordination across company boundaries in the supply chain.
Sales & Distribution Management Module 4.pdfJayanti Pande
SALES & DISTRIBUTION MANAGEMENT MODULE 4| SCM, E-enabled Selling & Distribution| MARKETING PAPER 1 MBA SEM 3| RTMNU NAGPUR UNIVERSITY| BY JAYANTI R PANDE
MBA Notes by Jayanti Pande
#JayantiPande
#MBA
#MBAnotes
#MarketingNotes
Logistics Management, Inbound, Internal and Outbound Logistics in SCM, Developing the Logistics organization for effective Supply Chain Management, development of Integrated Logistics Strategy, Logistics in Maximizing profitability and cash flow, 3PL, 4PL, International Logistics, Reverse Logistics.
Logistics management involves optimizing the flow of materials through an organization to customers. It aims to satisfy customers while minimizing costs. Key aspects of logistics include procurement, distribution, packaging and the physical movement of goods through the supply chain. The objectives of logistics are to make the right products available in the right places at the right time for customers. Modern logistics adopts a system approach to coordinate information and material flows efficiently.
Logistics involves planning, implementing, and controlling the efficient flow of goods and services from the point of origin to the point of consumption. It includes selecting vendors, choosing transportation routes, using appropriate delivery methods, and leveraging technology to efficiently manage processes. Logistics management is a subset of supply chain management that deals specifically with efficiently managing the movement and storage of goods.
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.
To understand the escalating importance of logistics and supply-chain management as crucial tools for competitiveness.
To learn about materials management and physical distribution.
To learn why international logistics is more complex than domestic logistics.
To learn why international inventory management is crucial for success.
This document summarizes key aspects of integrated logistics management for a group project. It discusses objectives of integrated logistics such as efficiency and reducing costs. It also outlines various logistics functions like inventory management, transportation, order processing, warehousing, and supply chain modeling. The overall goal of integrated logistics is to get products to customers in the right quantity, place, time and condition at an acceptable cost.
Logistics refers to the planning, implementation, and control of efficient movement and storage of goods, services and information from origin to consumption. TCS Courier is a leading logistics provider that offers international and domestic delivery services as well as value-added services like warehousing and fleet solutions. Their vision is to be a respected, innovative and profitable knowledge-based logistics enterprise, and their mission is to achieve profitable growth through excellence in their core business and new service areas.
Logistics Management & Material HandelingSana Fatima
1. The document discusses logistics management concepts including key logistics activities, total cost concept, and relationship between logistics activities and costs.
2. It outlines 13 common logistics activities such as customer service, demand forecasting, inventory management, and transportation. These activities need to be integrated to improve efficiency.
3. The total cost concept aims to reduce overall logistics costs by analyzing trade-offs between order processing, inventory carrying, transportation, and other costs.
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.
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.
A workshop hosted by the South African Journal of Science aimed at postgraduate students and early career researchers with little or no experience in writing and publishing journal articles.
How to Setup Warehouse & Location in Odoo 17 InventoryCeline George
In this slide, we'll explore how to set up warehouses and locations in Odoo 17 Inventory. This will help us manage our stock effectively, track inventory levels, and streamline warehouse operations.
it describes the bony anatomy including the femoral head , acetabulum, labrum . also discusses the capsule , ligaments . muscle that act on the hip joint and the range of motion are outlined. factors affecting hip joint stability and weight transmission through the joint are summarized.
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Odoo provides an option for creating a module by using a single line command. By using this command the user can make a whole structure of a module. It is very easy for a beginner to make a module. There is no need to make each file manually. This slide will show how to create a module using the scaffold method.
This presentation includes basic of PCOS their pathology and treatment and also Ayurveda correlation of PCOS and Ayurvedic line of treatment mentioned in classics.
This presentation was provided by Steph Pollock of The American Psychological Association’s Journals Program, and Damita Snow, of The American Society of Civil Engineers (ASCE), for the initial session of NISO's 2024 Training Series "DEIA in the Scholarly Landscape." Session One: 'Setting Expectations: a DEIA Primer,' was held June 6, 2024.
Executive Directors Chat Leveraging AI for Diversity, Equity, and InclusionTechSoup
Let’s explore the intersection of technology and equity in the final session of our DEI series. Discover how AI tools, like ChatGPT, can be used to support and enhance your nonprofit's DEI initiatives. Participants will gain insights into practical AI applications and get tips for leveraging technology to advance their DEI goals.
2. Meaning
• Logistics is the term which generally means the
management of transportation of information, from one
place to another. Logistics involves things like
transportation, inventory, packaging, supplies and
sometimes, social security and warehousing.
4. Types of
Logistic • INBOUND LOGISTICS
• OUTBOUND LOGISTICS
• THIRD PARTY LOGISTICS
• FOURTH PARTY LOGISTICS
• DISTRIBUTION LOGISTICS
• REVERSE LOGISTICS
5. BASIS FOR COMPARISON INBOUND LOGISTICS OUTBOUND LOGISTICS
Meaning The influx of raw material and parts,
from suppliers to the manufacturing
plant, is known as inbound logistics.
The outward movement of final goods,
from the company to the end user, is
known as outbound logistics.
Related to Material management and
procurement
Customer service and channel of
distribution
Focuses on Deployment of resources and raw
materials, within the manufacturing
plant.
Movement of finished goods or
product from the business to final
customer.
Interaction Between supplier and the firm Between firm and customers
6. THIRD
PARTY
LOGISTIC
S
Outsourced logistics services, which
encompass anything that involves
management of one or more facets of
procurement and fulfillment activities.
It applies to any service contract that
involves storing or shipping items.
Its service may be a single provider,
such as transportation or warehouse
storage, or it can be a systemwide
bundle of services capable of
handling supply chain management.
7. FOURTH
PARTY
LOGISTIC
S
It is the outsourcing of logistics
operations to a single partner. The
partner will be responsible for
assessing, designing, building,
running and measuring integrated
supply chain solutions for the client.
4PL is
much
suitable for
medium-to-
large
businesses.
8. DISTRIBUTION
LOGISTICS
• Distribution logistics, also known as
sales logistics, deals with the planning,
realisation and control of the
movement of goods. It is an inter-
organisational logistics system, where
the aim is to make the logistics
channel from the supplier to the
customer efficient – especially in terms
of costs and performance.
9. REVERSE
LOGISTICS
• Reverse logistics is a type of supply chain management
that moves goods from customers back to the sellers or
manufacturers. Once a customer receives a product,
processes such as returns, or recycling require reverse
logistics.
10. Logistics
Management
It is the process of organizing and implementing an
operation.
The flow of work from the beginning to the end, in
order to fulfill customer expectations.
tangible goods (such as materials, equipment and
supplies) to food or other consumable items.
Information and its management tools, materials
handling, production packaging, inventory,
transportation, warehousing and sometimes security.
13. 1.Network Design: Network Design is one of the prime function performed by process of logistic management.
Logistic manager properly designs a network that denotes the number and location of production plants,
storage houses, equipment for handling of materials etc. These factors are key determinants of efficiency of
logistics and need to be decided with due attention.
2.Procurement: Logistics management monitor the procurement of required materials and equipment for
supporting manufacturing process of organization. It identifies supply sources, places order, manages inbound
transportation, collect, inspect and store materials. All required raw materials of right quality are provided at
right time at a minimum cost.
3.Material Handling: Logistics management involves proper handling of all materials within organization like
raw-materials, equipment’s, semi-finished and final goods. They need to be properly handled within and outside
the manufacturing plant, storage house and transportation terminal. Managers need to ensure that there are no
losses arising out of breakage, spoilage etc.
4.Order Processing: Processing of consumer order is an important aspect of logistics management. It
ensures that all order are timely processes and performs various operations like receiving, handling and
recoding of consumer orders. Logistics management process focuses on reducing the time gap in between the
order receipt and dispatch of consignment. It pays attention on fast processing of order and any delay in
execution of order is avoided.
14. 5.Inventory Management: Logistics managers manages all the inventories of materials in right way. Proper amount of
inventory is maintained at every point of time to facilitation uninterrupted production and regular supply of goods to consumers.
Efforts are made to avoid any blockage of working capital in inventory. Overstocking and understocking of inventory is
prevented and an optimum amount is always maintained.
6.Packaging: Packaging and labelling are very important in logistics management. Packaging involves encasing products in
proper packets for its safety and convenient handling. It makes product attractive and facilitate its sales. Labelling is a process
of giving identification marks to product and defines its packaging and expiry date, ingredients, price, weight or size of product
and instruction for proper handling.
7.Warehousing: It is a logistical operation which aims at creating time utility by safe storage of products from the time in-
between production point to consumption point. Logistic managers properly decide number and location of all warehouses to
be established by company for proper storage of its products.
8.Transportation: Transportation is a logistical activity which refers to movement of goods within and outside the organization.
It creates time utility by delivering goods at right time and in right order. Railways, roadways, waterways, airways and pipeline
are major sources of transportation used. Logisticians choose a right source of transportation by analyzing them in terms of
their cost, speed, reliability, safety and no of its locations.
15. Importance of Logistic
•1. Logistics creates an environment that promotes
business results
•2. Logistics Makes your customers' experience
better
•3. Logistics contributes to increasing the value of a
firm
•4. Logistics assists you in getting your goods to the
right location at the right time.
•5. Logistics contributes to cost reduction and
efficiency improvement
•6. Reduces operational expenses
16. Logistics creates an environment that promotes business
results
• Maintain up-to-to-date communication between
those in the supply chain and everyone who is
impacted by changes
have enough distribution centres or warehouses.
• The productivity rate at which items should be
distributed across warehouses or distribution
centres
• Every month you need to provide an evaluation of
your logistics relationships.
• Revising regularly for improvement
17. Logistics Makes your customers' experience better
• Satisfied customers are a business’s most valuable asset.
• They provide the primary impetus for supply chains in all three
phases: production, marketing, and logistics.
• understanding of their customers’ requirements, preferences, and
desires, and then to work tirelessly to accommodate them.
• convenience of browsing, secure payment options, great product
evaluations, and the overall quality of a thing or service upon
delivery.
18. Logistics contributes to increasing the value of a firm
• The more accessible your items are to your clients, the more
valuable your commodity may become.
• Adding value to clients does not have to mean sacrificing quality or
quantity. Additionally, it relates to accessibility.
• Improved logistics makes your goods more accessible to a broader
audience, sensible company leaders see it as a critical instrument
for delivering value for consumers.
• Increased demand also increases the value of some things as they
become more widely accessible.