Third-party logistics (3PL) involves outsourcing elements of distribution, warehousing, and fulfillment to specialized third-party businesses. 3PL providers can scale and customize their integrated operations in warehousing and transportation to meet customer needs based on market conditions. They help manage parts of the supply chain beyond basic logistics. There are different types of 3PL providers that focus on transportation, warehousing/distribution, or financial/shipping optimization. While 3PL offers advantages like cost savings, low capital requirements, and flexibility, there are also disadvantages like loss of control, increasing costs, and lack of business understanding if a non-specialized 3PL is used.
Third party logistics (3PL) involves outsourcing elements of supply chain management to a third party provider. 3PL providers can perform transportation, warehousing, distribution, and other logistics functions. Using 3PLs allows companies to focus on their core competencies while improving efficiency. There are different types of 3PL providers, including asset-based providers that use their own assets and management-based providers that coordinate using other companies' assets. Outsourcing to 3PLs has grown as companies seek to reduce costs and improve supply chain performance.
The document discusses third party logistics (3PL) providers. It begins by defining 1PL, 2PL, 3PL and 4PL providers and their roles in the supply chain. It then covers the evolution of 3PL, services provided, benefits of using 3PL, types of 3PL providers including transportation-based, warehouse/distribution-based and more. New technologies in 3PL and relationship management are also discussed. The document concludes with a case study on selecting a 3PL using multi-criteria decision making.
This document discusses third-party logistics providers (3PLs). It defines 3PLs as businesses that provide logistics services like transportation, warehousing, and distribution management. The document outlines the main types of 3PL providers and why companies use 3PLs, such as to save time and focus on core competencies. It provides tips for selecting a 3PL provider, including doing research, creating a selection process, measuring performance, and nurturing the relationship. The document also briefly introduces 4PL providers, which manage and direct multiple 3PLs.
Third-party logistics (3PL) involves outsourcing elements of distribution, warehousing, and fulfillment to specialized third-party businesses. 3PL providers offer integrated operations and services that can be customized to meet customer needs. Using 3PL can help companies meet supply chain goals like increasing inventory levels without capital expenditure, improving delivery times, and minimizing risks.
This document provides an overview of third party logistics (3PL). It discusses the evolution of 3PL, the benefits and services they provide including transportation, warehousing and inventory management. It outlines different types of 3PL like transportation-based, warehouse/distribution-based and forwarder-based. The document also discusses new technologies used in 3PL, relationship management, environmental concerns and uses a case study to demonstrate selecting a 3PL using multi-criteria decision making.
Logistics is the process of planning, implementing, and controlling the efficient flow of goods, services and information from origin to consumption to meet customer requirements. Logistics involves integrating information, transportation, inventory, warehousing and packaging to add time and place value. Logistics and supply chain management are equivalent terms dealing with managing materials, information and financial flows in a network from suppliers to customers. The evolution of logistics has transformed it from a military term to an integrated business function.
Third-party logistics (3PL) providers are companies that provide logistics services like transportation, warehousing, and distribution for other companies. 3PLs allow companies to focus on their core business while outsourcing logistics functions. Common types of 3PLs include transportation-based, warehouse/distribution-based, and financial-based providers. Using 3PLs can help companies save time and money, expand markets, and focus on their strengths. However, there are also risks like loss of control and visibility with customers. Choosing the right 3PL requires thorough due diligence and establishing clear expectations, performance measures, and a process for managing the relationship.
Third-party logistics (3PL) involves outsourcing elements of distribution, warehousing, and fulfillment to specialized third-party businesses. 3PL providers can scale and customize their integrated operations in warehousing and transportation to meet customer needs based on market conditions. They help manage parts of the supply chain beyond basic logistics. There are different types of 3PL providers that focus on transportation, warehousing/distribution, or financial/shipping optimization. While 3PL offers advantages like cost savings, low capital requirements, and flexibility, there are also disadvantages like loss of control, increasing costs, and lack of business understanding if a non-specialized 3PL is used.
Third party logistics (3PL) involves outsourcing elements of supply chain management to a third party provider. 3PL providers can perform transportation, warehousing, distribution, and other logistics functions. Using 3PLs allows companies to focus on their core competencies while improving efficiency. There are different types of 3PL providers, including asset-based providers that use their own assets and management-based providers that coordinate using other companies' assets. Outsourcing to 3PLs has grown as companies seek to reduce costs and improve supply chain performance.
The document discusses third party logistics (3PL) providers. It begins by defining 1PL, 2PL, 3PL and 4PL providers and their roles in the supply chain. It then covers the evolution of 3PL, services provided, benefits of using 3PL, types of 3PL providers including transportation-based, warehouse/distribution-based and more. New technologies in 3PL and relationship management are also discussed. The document concludes with a case study on selecting a 3PL using multi-criteria decision making.
This document discusses third-party logistics providers (3PLs). It defines 3PLs as businesses that provide logistics services like transportation, warehousing, and distribution management. The document outlines the main types of 3PL providers and why companies use 3PLs, such as to save time and focus on core competencies. It provides tips for selecting a 3PL provider, including doing research, creating a selection process, measuring performance, and nurturing the relationship. The document also briefly introduces 4PL providers, which manage and direct multiple 3PLs.
Third-party logistics (3PL) involves outsourcing elements of distribution, warehousing, and fulfillment to specialized third-party businesses. 3PL providers offer integrated operations and services that can be customized to meet customer needs. Using 3PL can help companies meet supply chain goals like increasing inventory levels without capital expenditure, improving delivery times, and minimizing risks.
This document provides an overview of third party logistics (3PL). It discusses the evolution of 3PL, the benefits and services they provide including transportation, warehousing and inventory management. It outlines different types of 3PL like transportation-based, warehouse/distribution-based and forwarder-based. The document also discusses new technologies used in 3PL, relationship management, environmental concerns and uses a case study to demonstrate selecting a 3PL using multi-criteria decision making.
Logistics is the process of planning, implementing, and controlling the efficient flow of goods, services and information from origin to consumption to meet customer requirements. Logistics involves integrating information, transportation, inventory, warehousing and packaging to add time and place value. Logistics and supply chain management are equivalent terms dealing with managing materials, information and financial flows in a network from suppliers to customers. The evolution of logistics has transformed it from a military term to an integrated business function.
Third-party logistics (3PL) providers are companies that provide logistics services like transportation, warehousing, and distribution for other companies. 3PLs allow companies to focus on their core business while outsourcing logistics functions. Common types of 3PLs include transportation-based, warehouse/distribution-based, and financial-based providers. Using 3PLs can help companies save time and money, expand markets, and focus on their strengths. However, there are also risks like loss of control and visibility with customers. Choosing the right 3PL requires thorough due diligence and establishing clear expectations, performance measures, and a process for managing the relationship.
Third party logistics (3PL) involves outsourcing logistics operations like transportation, warehousing, and inventory management to specialized third party providers. 3PL providers offer integrated logistics services and facilitate movement of materials and products. Using 3PLs allows companies to reduce costs, free up resources, and gain technical expertise while focusing on their core competencies. The 3PL industry contributes over 5% to national GDPs and employs over 1.7 million people globally. The top industries that use 3PLs are automotive, technology, retail, and consumer products. Successful implementation of 3PL relationships requires developing an outsourcing strategy, measuring performance, and creating a project plan.
This document discusses logistics management strategies and their formulation and implementation. It covers linking a firm's strategy to its logistics strategy, setting logistics goals and making decisions, analyzing logistics networks, formulating logistics strategies including different channel strategies, and implementing and measuring performance of logistics strategies. Key aspects covered include aligning business and logistics strategies, common logistics challenges, and key performance indicators for evaluating service and inventory management.
The document discusses logistics outsourcing and the differences between third-party logistics (3PL) and fourth-party logistics (4PL). It defines 3PL as outsourcing logistics functions like transportation and warehousing to external providers. 3PL providers range from basic to advanced, offering value-added services. 4PL providers go a step further by integrating the supply chain resources, capabilities, and technologies of multiple organizations. While 3PL focuses on individual functions, 4PL manages the entire supply chain for a client.
DHL India offers comprehensive logistics solutions through four business units: DHL Express, Blue Dart Express, DHL Global Forwarding, and DHL Supply Chain. It provides services including warehousing, freight transportation, and customs brokerage. DHL has a motivated workforce, cutting-edge technology, and provides reliable services globally with on-time delivery and worldwide coverage. It strives for innovation through research centers and aims to reduce costs for customers through efficient solutions.
The document defines logistics as the management of the flow of goods between the point of origin and the point of consumption to meet requirements. Logistics management plans, implements, and controls the efficient, effective, forward, and reverse flow of goods, services, and information to meet customer needs. The document outlines various sub-areas of logistics for different industries, including manufacturing, merchandizing, transportation, third party logistics, and government. It also lists objectives, activities, and responsibilities of logistics management such as inventory reduction, order processing, materials handling, and traffic management.
Logistics involves managing the flow of goods and resources from production to markets. It aims to overcome time and space constraints. Key logistics functions include warehousing, transportation, inventory management, and information systems. Integrating these functions is important to gain an overall strategic view of operations and improve performance. Effective logistics is critical for business success and has significant economic and social impacts.
Logistics management is the part of supply chain management that plans, implements, and controls the efficient, effective forward, and reverse flow and storage of goods, services, and related information between the point of origin and the point of consumption in order to meet customer's requirements
DHL is a global logistics company founded in the United States by Dalsey, Hillblom and Lynn. It offers customized logistics solutions through its DHL Supply Chain division, focusing on contract logistics, automation, digitalization, and omni-channel strategies. DHL's Strategy 2020 plan aims to shift its portfolio along three dimensions: expanding in higher-growth markets, strengthening core logistics, and increasing earnings from solutions.
While 3PL outsourcing is accepted business practice corporations are now looking to outsource to a single partner who will assess, design, build, run and measure integrated comprehensive supply chain solutions on their behalf. 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 organisation’s Supply Chain and its array of providers.
Logistics is the management of the flow of resources between the point of origin and destination to meet requirements. It aims to ensure a smooth flow of processes and procedures to increase efficiency and bring profits. Logistics is part of supply chain management and plays an important role in capturing information across the entire process. It involves coordinating different functional areas like order processing, transportation, warehousing, and inventory management.
The document discusses logistics management and its importance in meeting customer needs effectively and efficiently. It defines logistics management as coordinating the flow of materials, work-in-progress, and finished goods to support business strategies. Key aspects include inbound, internal, and outbound logistics as well as integrated approaches. The goal is providing good customer service at lowest cost to maximize profits.
Integrated logistics and supply chain frameworkbarvie
The document provides an overview of supply chain and logistics concepts for students. It defines key terms like supply chain management, logistics management, and physical distribution. It also outlines the typical flow of activities in a company's supply chain, from sales forecasting to order fulfillment. The goal is for students to understand the roles and importance of effective logistics and supply chain management.
Logistic and supply chain management involves planning and coordinating all activities from procuring raw materials to delivering the final product to customers. The goal is to achieve the desired level of service and quality at the lowest possible cost. Competitive advantage comes from either lower costs or providing greater value to customers than competitors. Logistics management encompasses activities like network design, transportation, inventory, and warehousing that facilitate the flow of materials and information from suppliers to customers.
This document provides an overview of logistics. It defines logistics as ensuring the right product is in the right place at the right time. Logistics involves planning, procurement, transportation, supply, and maintenance. It describes the seven R's of logistics and major logistics functions like order processing, inventory, transportation, and warehousing. Logistics aims to create availability, operational performance, and service reliability for customers. The document outlines the scope and activities of logistics management and discusses inbound, internal, and outbound logistics operations and flows.
Logistics management involves planning, implementing, and controlling the efficient movement and storage of goods, services, and information from origin to consumption in order to meet customer needs. It includes activities like procurement, production, distribution, disposal, order processing, inventory management, material planning, warehousing, and transportation. There are different types of logistics management such as supply chain management, distribution and material movement, production logistics, and reverse logistics. Effective logistics management can provide benefits like lower costs, better use of distribution networks, and improved customer satisfaction through rapid response and quality. However, it also faces challenges with coordination for large multinational companies and increasing transportation costs.
This document is a project report submitted as part of a Master's degree program. It discusses a study conducted on third-party logistics operations at Origin Logistics Pvt. Ltd. in India. The report includes sections on the objectives of the study, an introduction to third-party logistics, the company profile of Origin Logistics, details of the project conducted, findings and recommendations. Key aspects covered include the advantages of outsourcing logistics to third-party providers, types of third-party logistics providers, implementation issues to consider, and a literature review on third-party logistics in India.
Logistics management involves planning, executing, and controlling the flow of goods and services as well as related information from point of origin to point of consumption to meet customer requirements. It includes activities like order processing, inventory management, transportation, and warehousing, with objectives of rapid response, time management, quality, and competitive pricing. Effective logistics is important for reducing costs, improving production efficiency, maintaining competitive advantage, and building strong customer relationships.
Integrated logistics management involves anticipating customer needs, acquiring the necessary resources to meet those needs, and optimizing the network to fulfill requests in a timely manner. It requires cross-functional teamwork within a company and partnerships with external channels. The objectives of integrated logistics management are rapid response, minimal variance and inventory, consolidation of movements, and life cycle support. Key factors in an effective logistics system include shippers, suppliers, carriers, warehouse providers, freight forwarders, terminal operators, and government regulators.
Supply Chain Management, Sourcing Pricing and Procurement Process ,
Presentations By Rajendran Ananda Krishnan, https://www.facebook.com/ialwaysthinkprettythings
DHL is the global market leader in international express, overland transport and air freight. It has an international network linking almost 220 countries and territories worldwide. DHL aims to be the first choice worldwide by offering highest quality express and logistics solutions and creating a truly global working environment as a responsible corporate citizen.
This document discusses fundamentals of logistics and supply chain management. It addresses key aspects of logistics systems including warehouse management, inventory management, transportation management, and integration with suppliers and customers. Specific areas covered include receiving, putaway, inventory tracking, order fulfillment, shipping, transportation routing and optimization, performance tracking, and questions executives may ask about logistics. The document emphasizes how an integrated logistics platform can increase efficiency, reduce costs, and improve metrics like fill rates and inventory turns.
Third Party Logistics Market is valued at INR 78 bn in 2008; Estimated to reach INR 172 bn in 2012. The market comprises of two segments Asset-based 3PLs and Non-asset based 3PLs.
The report provides a snapshot of the market. An overview gives a quick picture of the market with estimated market size, growth rate and share of 3 PL firms in logistics industry. An analysis of drivers reveals that high cost of logistics in India, fragmented logistics sector, phased implementation of VAT, increasing geographical distribution of consumer markets, government infrastructure initiatives, growth in auto and retail sectors, and economic growth is driving growth in this sector. The key challenges identified include infrastructure congestion, lack of trust and awareness, and service tax.
The competitive landscape profiles the major players in this sector in terms of their business description. The report also provides details of the private equity investments and key developments in this sector.
Third party logistics (3PL) involves outsourcing logistics operations like transportation, warehousing, and inventory management to specialized third party providers. 3PL providers offer integrated logistics services and facilitate movement of materials and products. Using 3PLs allows companies to reduce costs, free up resources, and gain technical expertise while focusing on their core competencies. The 3PL industry contributes over 5% to national GDPs and employs over 1.7 million people globally. The top industries that use 3PLs are automotive, technology, retail, and consumer products. Successful implementation of 3PL relationships requires developing an outsourcing strategy, measuring performance, and creating a project plan.
This document discusses logistics management strategies and their formulation and implementation. It covers linking a firm's strategy to its logistics strategy, setting logistics goals and making decisions, analyzing logistics networks, formulating logistics strategies including different channel strategies, and implementing and measuring performance of logistics strategies. Key aspects covered include aligning business and logistics strategies, common logistics challenges, and key performance indicators for evaluating service and inventory management.
The document discusses logistics outsourcing and the differences between third-party logistics (3PL) and fourth-party logistics (4PL). It defines 3PL as outsourcing logistics functions like transportation and warehousing to external providers. 3PL providers range from basic to advanced, offering value-added services. 4PL providers go a step further by integrating the supply chain resources, capabilities, and technologies of multiple organizations. While 3PL focuses on individual functions, 4PL manages the entire supply chain for a client.
DHL India offers comprehensive logistics solutions through four business units: DHL Express, Blue Dart Express, DHL Global Forwarding, and DHL Supply Chain. It provides services including warehousing, freight transportation, and customs brokerage. DHL has a motivated workforce, cutting-edge technology, and provides reliable services globally with on-time delivery and worldwide coverage. It strives for innovation through research centers and aims to reduce costs for customers through efficient solutions.
The document defines logistics as the management of the flow of goods between the point of origin and the point of consumption to meet requirements. Logistics management plans, implements, and controls the efficient, effective, forward, and reverse flow of goods, services, and information to meet customer needs. The document outlines various sub-areas of logistics for different industries, including manufacturing, merchandizing, transportation, third party logistics, and government. It also lists objectives, activities, and responsibilities of logistics management such as inventory reduction, order processing, materials handling, and traffic management.
Logistics involves managing the flow of goods and resources from production to markets. It aims to overcome time and space constraints. Key logistics functions include warehousing, transportation, inventory management, and information systems. Integrating these functions is important to gain an overall strategic view of operations and improve performance. Effective logistics is critical for business success and has significant economic and social impacts.
Logistics management is the part of supply chain management that plans, implements, and controls the efficient, effective forward, and reverse flow and storage of goods, services, and related information between the point of origin and the point of consumption in order to meet customer's requirements
DHL is a global logistics company founded in the United States by Dalsey, Hillblom and Lynn. It offers customized logistics solutions through its DHL Supply Chain division, focusing on contract logistics, automation, digitalization, and omni-channel strategies. DHL's Strategy 2020 plan aims to shift its portfolio along three dimensions: expanding in higher-growth markets, strengthening core logistics, and increasing earnings from solutions.
While 3PL outsourcing is accepted business practice corporations are now looking to outsource to a single partner who will assess, design, build, run and measure integrated comprehensive supply chain solutions on their behalf. 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 organisation’s Supply Chain and its array of providers.
Logistics is the management of the flow of resources between the point of origin and destination to meet requirements. It aims to ensure a smooth flow of processes and procedures to increase efficiency and bring profits. Logistics is part of supply chain management and plays an important role in capturing information across the entire process. It involves coordinating different functional areas like order processing, transportation, warehousing, and inventory management.
The document discusses logistics management and its importance in meeting customer needs effectively and efficiently. It defines logistics management as coordinating the flow of materials, work-in-progress, and finished goods to support business strategies. Key aspects include inbound, internal, and outbound logistics as well as integrated approaches. The goal is providing good customer service at lowest cost to maximize profits.
Integrated logistics and supply chain frameworkbarvie
The document provides an overview of supply chain and logistics concepts for students. It defines key terms like supply chain management, logistics management, and physical distribution. It also outlines the typical flow of activities in a company's supply chain, from sales forecasting to order fulfillment. The goal is for students to understand the roles and importance of effective logistics and supply chain management.
Logistic and supply chain management involves planning and coordinating all activities from procuring raw materials to delivering the final product to customers. The goal is to achieve the desired level of service and quality at the lowest possible cost. Competitive advantage comes from either lower costs or providing greater value to customers than competitors. Logistics management encompasses activities like network design, transportation, inventory, and warehousing that facilitate the flow of materials and information from suppliers to customers.
This document provides an overview of logistics. It defines logistics as ensuring the right product is in the right place at the right time. Logistics involves planning, procurement, transportation, supply, and maintenance. It describes the seven R's of logistics and major logistics functions like order processing, inventory, transportation, and warehousing. Logistics aims to create availability, operational performance, and service reliability for customers. The document outlines the scope and activities of logistics management and discusses inbound, internal, and outbound logistics operations and flows.
Logistics management involves planning, implementing, and controlling the efficient movement and storage of goods, services, and information from origin to consumption in order to meet customer needs. It includes activities like procurement, production, distribution, disposal, order processing, inventory management, material planning, warehousing, and transportation. There are different types of logistics management such as supply chain management, distribution and material movement, production logistics, and reverse logistics. Effective logistics management can provide benefits like lower costs, better use of distribution networks, and improved customer satisfaction through rapid response and quality. However, it also faces challenges with coordination for large multinational companies and increasing transportation costs.
This document is a project report submitted as part of a Master's degree program. It discusses a study conducted on third-party logistics operations at Origin Logistics Pvt. Ltd. in India. The report includes sections on the objectives of the study, an introduction to third-party logistics, the company profile of Origin Logistics, details of the project conducted, findings and recommendations. Key aspects covered include the advantages of outsourcing logistics to third-party providers, types of third-party logistics providers, implementation issues to consider, and a literature review on third-party logistics in India.
Logistics management involves planning, executing, and controlling the flow of goods and services as well as related information from point of origin to point of consumption to meet customer requirements. It includes activities like order processing, inventory management, transportation, and warehousing, with objectives of rapid response, time management, quality, and competitive pricing. Effective logistics is important for reducing costs, improving production efficiency, maintaining competitive advantage, and building strong customer relationships.
Integrated logistics management involves anticipating customer needs, acquiring the necessary resources to meet those needs, and optimizing the network to fulfill requests in a timely manner. It requires cross-functional teamwork within a company and partnerships with external channels. The objectives of integrated logistics management are rapid response, minimal variance and inventory, consolidation of movements, and life cycle support. Key factors in an effective logistics system include shippers, suppliers, carriers, warehouse providers, freight forwarders, terminal operators, and government regulators.
Supply Chain Management, Sourcing Pricing and Procurement Process ,
Presentations By Rajendran Ananda Krishnan, https://www.facebook.com/ialwaysthinkprettythings
DHL is the global market leader in international express, overland transport and air freight. It has an international network linking almost 220 countries and territories worldwide. DHL aims to be the first choice worldwide by offering highest quality express and logistics solutions and creating a truly global working environment as a responsible corporate citizen.
This document discusses fundamentals of logistics and supply chain management. It addresses key aspects of logistics systems including warehouse management, inventory management, transportation management, and integration with suppliers and customers. Specific areas covered include receiving, putaway, inventory tracking, order fulfillment, shipping, transportation routing and optimization, performance tracking, and questions executives may ask about logistics. The document emphasizes how an integrated logistics platform can increase efficiency, reduce costs, and improve metrics like fill rates and inventory turns.
Third Party Logistics Market is valued at INR 78 bn in 2008; Estimated to reach INR 172 bn in 2012. The market comprises of two segments Asset-based 3PLs and Non-asset based 3PLs.
The report provides a snapshot of the market. An overview gives a quick picture of the market with estimated market size, growth rate and share of 3 PL firms in logistics industry. An analysis of drivers reveals that high cost of logistics in India, fragmented logistics sector, phased implementation of VAT, increasing geographical distribution of consumer markets, government infrastructure initiatives, growth in auto and retail sectors, and economic growth is driving growth in this sector. The key challenges identified include infrastructure congestion, lack of trust and awareness, and service tax.
The competitive landscape profiles the major players in this sector in terms of their business description. The report also provides details of the private equity investments and key developments in this sector.
Physical distribution involves all activities required to transport goods from manufacturers to customers, including transportation, warehousing, packaging, and order fulfillment. The objectives are to deliver customer orders on time and at minimum cost while providing an appropriate level of customer service. Key activities include transportation of goods between facilities, order processing, warehousing and storage of inventory, packaging to contain and protect products, and materials handling within facilities. Channels of distribution refer to the intermediaries involved such as wholesalers or transportation companies. The goals are achieving the right balance between distribution costs and customer service levels.
Logistics management involves planning, executing, and controlling the flow of goods, services, and information from origin to destination. It aims to satisfy customer demands. Key benefits include delivering the right products, in the right condition, to the right places, at the right time. This improves customer satisfaction and increases profits. Major challenges include balancing value, velocity, variability, visibility, and vulnerability within supply chains. Top logistics challenges for 2012 include economic uncertainty, rising fuel and transportation costs, capacity constraints, outdated infrastructure, and security issues. To be effective, logistics managers must consider these challenges and balance competing interests of stakeholders. Globalization magnifies risks, requiring awareness of international challenges and infrastructure needs.
Third party logistics providers typically specialize in integrated operation, warehousing and transportation services
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Fourth party logistics (4 PL) companies serve as consultants who manage the relationship between the principal company and one or more 3PLs to make sure all operations are running smoothly.
This document discusses logistics and logistics management. It defines logistics as planning, implementing, and controlling the efficient movement and storage of goods, services, and information. Logistics management is responsible for coordinating these activities within the supply chain. The document outlines key areas of logistics like procurement, production, distribution, and disposal. It also lists common logistics activities and objectives. Finally, it discusses the importance of logistics and some challenges faced by the logistics industry in Pakistan.
Logistics involves planning and coordinating the efficient flow of goods and services from suppliers to customers. It integrates information, transportation, inventory, warehousing and packaging. The goal of logistics management is to deliver products to customers with the highest service levels at the lowest possible cost. Effective logistics can provide a competitive advantage by differentiating a company through lower costs or better customer service than competitors. Logistics management aims to strategically coordinate procurement, production and distribution to maximize profitability through fulfilling customer orders in a cost-effective manner.
This lesson on Physical Distribution includes the nature and objectives of the Physical Distribution and also differentiated with Marketing Channels. This logistics management integrates parts of the managerial functions of warehousing, transportation and organizational responsibility of the marketer in the processing and inventory of orders.
>Logistics Industry Trends
>Indian Scenario
>India-Emergence of Global Manufacturing Hub
>Challenges Faced by Logistics Industry in India
>Storage Infrastructures Related Challenges
This document provides an overview of the Indian logistics industry. It discusses the industry structure, key trends, opportunities, challenges, major players and organized players in different logistics segments. The logistics industry in India is large at $225 billion currently and expected to grow to $350 billion by 2015. Major growth drivers include infrastructure investments, government initiatives and demand from industries like automotive and retail. While opportunities exist in areas like warehousing, container rail business and multimodal transport, challenges remain around infrastructure bottlenecks and high costs. Key players discussed include CONCOR, Blue Dart and Allcargo Logistics.
This document discusses third-party logistics (3PL). It defines 3PL as outsourcing elements of distribution, warehousing, and fulfillment to specialized third-party providers. Using 3PL allows companies to benefit from logistics expertise without deploying internal resources. It also provides flexibility and scalability. The document outlines benefits of 3PL like cost savings, access to expertise, ability to focus on core competencies, and improved customer satisfaction. The third-party logistics market in India is growing due to reforms like the Goods and Services Tax.
India has the second largest road network globally but road transportation faces many challenges. Key issues include lack of scale economies for small operators, inadequate infrastructure, high logistics costs, and inefficiencies in vehicle utilization, cost determination, and final mile delivery. Recent government initiatives like increased truck capacities, GST, and increased highway construction are helping. However, challenges around driver shortages, fuel efficiency, toll plazas, month-end dispatch skews, and lack of cold chain infrastructure continue to hamper the industry. Addressing these challenges could boost efficiency and economic growth.
how e-commerce platform can help to boost logistics sector in indiaJayjeetsinh Vadher
The document discusses how e-commerce platforms can help boost India's logistics sector. It notes that the Indian logistics market is expected to grow significantly due to growth in manufacturing, retail, and e-commerce. However, India's logistics costs are high compared to other countries. The growth of e-commerce is increasing demand for logistics and forcing improvements in areas like supply chain management, warehouse infrastructure, and delivery. E-commerce platforms are helping to modernize and improve the management of India's large but disorganized logistics sector to make it more efficient.
This document discusses logistics management and its importance. It defines logistics and outlines its scope at both the macro and micro level. Logistics is important for delivering products and services to customers effectively and efficiently. It discusses how logistics can help integrate different business functions and optimize the flow of materials through the supply chain. Key aspects of logistics like transportation, warehousing, inventory management and packaging are also summarized.
Transport Corporation of India (TCI) is India's largest integrated logistics and supply chain solutions provider. It has a market capitalization of only 440 Cr Rs despite operating 7000 trucks, 6 cargo ships, 9 Mn sq ft of warehousing, and serving 13,000 delivery points. TCI aims to select stocks that can compound sustainably at a healthy rate for the next 3-5 years by choosing companies with strong competitive advantages trading at a discount to intrinsic value. The presentation provides an overview of TCI's business segments, investment rationale, and financials to argue that TCI presents a strong investment opportunity due to its scale of operations, emerging high-margin business lines, and attractive valuation.
Logistics management involves coordinating transportation, warehousing, inventory, and other supply chain activities. It aims to optimize the flow of goods from suppliers to customers. Key activities include transportation, inventory management, order fulfillment, and coordinating third-party logistics providers. Logistics management integrates these logistics functions with other business areas like marketing, sales, and finance. Outsourcing logistics to a third-party provider allows companies to focus on their core business while leveraging a provider's logistics expertise, infrastructure, and global networks. However, it also means losing some control over logistics operations.
The document discusses the express cargo industry in India. It notes that the industry is dominated by the unorganized sector, comprising over 2000 companies, with 20% in the organized sector. Within the organized sector, 65% of the market share is held by organized players, while 25% is held by semi-organized players and 10% by India Post's EMS and Speed Post services. The barriers to entry are high due to significant infrastructure investments required. Technological changes and e-commerce are providing new opportunities for growth.
The document provides an overview of the logistics services market in India. It discusses key trends in the industry such as growth of third party logistics, private sector participation, development of logistics parks and warehouses. It also outlines government initiatives to support infrastructure development and liberalize regulations. Looking ahead, the future of the Indian logistics industry is seen as bright with expectations of exponential growth, supported by ongoing investments and developments in the manufacturing, retail and trade sectors.
Gati Limited is an Indian logistics company incorporated in 1995 that provides transportation and supply chain management services. It operates in logistics, shipping, and fuel stations. As the leader in express cargo movement and pioneer in distribution and supply chain management in India, Gati offers cost efficient and flexible services. The document discusses the express industry scenario in India, organized sector players, Porter's five forces analysis, marketing environment, capabilities, SWOT analysis, and Gati's strategies around expansion, policies, and future plans to be a one-stop logistics solutions provider.
Gati Limited is an Indian logistics company incorporated in 1995 that provides transportation and supply chain management services. It operates in logistics, shipping, and fuel stations. As the leader in express cargo movement and pioneer in distribution and supply chain management in India, Gati offers cost efficient and flexible services. The document discusses the express industry scenario in India, organized sector players, Porter's five forces analysis, marketing environment, capabilities, SWOT analysis, and Gati's strategies around expansion, policies, and future plans to be a one-stop logistics solutions provider.
Third-party logistics (3PL) involves outsourcing elements of distribution, warehousing, and fulfillment services to specialized third-party businesses. 3PL providers offer integrated operations and customized solutions to meet customer demands. As of 2014, 80% of Fortune 500 companies used some form of 3PL services. There are four main types of 3PL providers: standard, service developer, customer adapter, and customer developer - with customer developers integrating fully with clients. Outsourcing to 3PL provides benefits like reduced costs and capital requirements, as well as allowing companies to focus on their core business. However, it also means losing some control and ensuring IT integration with providers.
KWE and Safexpress were evaluated on their innovation competence using a diagnostic tool assessing six key capabilities.
KWE scored highest on external relationships but lowest on new value creation. Its overall innovation competence ratio was 86%, meaning it was 14% from ideal.
Safexpress emphasized promptly responding to customer needs but had gaps in organizational transition, supply chain performance, and multi-faceted services. Its ratio was 77%, so it was 23% from ideal.
Recommendations include Safexpress cultivating close client relationships and collaborating on new services. KWE needs to prioritize all capabilities equally. Both need regular competence assessments to innovate and adapt to changes.
This document discusses logistics and supply chain management. It defines logistics as the process of planning, implementing, and controlling the efficient flow of goods, services, and information from origin to consumption according to customer demands. Supply chain management involves planning and coordination across organizations to deliver value to customers. The document outlines key aspects of logistics like transportation and warehousing as well as objectives like reducing costs and inventory. It also discusses supply chain drivers, processes, and the relationship between logistics and supply chain management.
Logistic management and supply chain management are critical for businesses. Logistics involves planning, implementing, and controlling the flow of materials and finished goods from suppliers to customers. It has become more important with globalization, a focus on integrated supply chain management, and the outsourcing of non-core functions. Effective logistics can provide both cost leadership and differentiated products and services by optimizing activities across the value chain.
MPG Transportation & Logistics Technology Market Snapshot - May 2020Madison Park Group
Madison Park Group is an investment banking firm that blends 25+ years of investment banking and operating experience in enterprise software & SaaS, digital media and tech-enabled services. MPG has closed over 130 M&A and fundraising transactions for a range of VC-backed and founder-owned technology companies. MPG believes that the best people to advise technology entrepreneurs are those who have stood in their shoes as entrepreneurs, investors, and advisors.
Third party logistics (3PL) providers offer various integrated logistics services for customers. The 3PL industry has evolved from basic transportation and warehousing services to providing value-added services and taking on broader supply chain responsibilities. A 2008 survey found that the top services used were transportation, warehousing, and freight forwarding. While outsourcing provides benefits like cost savings and expertise, concerns include loss of control and security issues. Integrated logistics and green supply chain initiatives were emerging trends impacting the industry.
Logistics on Outsourcing & in Global Environment - Melville MenezesMelville Menezes
Global Supply Chain Management is defined as the distribution of goods and services throughout a transnational companies' global network to maximize profit and minimize waste. Essentially, global supply chain management is the same as supply-chain management, but it focuses on companies and organizations that are trans-national. Global supply-chain management has six main areas of concentration: logistics management, competitor orientation, customer orientation, supply chain coordination, supply management, and operations management.
Visit www.melvillemenezes.com for more.
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Know what your zodiac sign says about your taste in food! Explore how the 12 zodiac signs influence your culinary preferences with insights from MyPandit. Dive into astrology and flavors!
Understanding User Needs and Satisfying ThemAggregage
https://www.productmanagementtoday.com/frs/26903918/understanding-user-needs-and-satisfying-them
We know we want to create products which our customers find to be valuable. Whether we label it as customer-centric or product-led depends on how long we've been doing product management. There are three challenges we face when doing this. The obvious challenge is figuring out what our users need; the non-obvious challenges are in creating a shared understanding of those needs and in sensing if what we're doing is meeting those needs.
In this webinar, we won't focus on the research methods for discovering user-needs. We will focus on synthesis of the needs we discover, communication and alignment tools, and how we operationalize addressing those needs.
Industry expert Scott Sehlhorst will:
• Introduce a taxonomy for user goals with real world examples
• Present the Onion Diagram, a tool for contextualizing task-level goals
• Illustrate how customer journey maps capture activity-level and task-level goals
• Demonstrate the best approach to selection and prioritization of user-goals to address
• Highlight the crucial benchmarks, observable changes, in ensuring fulfillment of customer needs
Part 2 Deep Dive: Navigating the 2024 Slowdownjeffkluth1
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The global retail industry has weathered numerous storms, with the financial crisis of 2008 serving as a poignant reminder of the sector's resilience and adaptability. However, as we navigate the complex landscape of 2024, retailers face a unique set of challenges that demand innovative strategies and a fundamental shift in mindset. This white paper contrasts the impact of the 2008 recession on the retail sector with the current headwinds retailers are grappling with, while offering a comprehensive roadmap for success in this new paradigm.
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[To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
This presentation is a curated compilation of PowerPoint diagrams and templates designed to illustrate 20 different digital transformation frameworks and models. These frameworks are based on recent industry trends and best practices, ensuring that the content remains relevant and up-to-date.
Key highlights include Microsoft's Digital Transformation Framework, which focuses on driving innovation and efficiency, and McKinsey's Ten Guiding Principles, which provide strategic insights for successful digital transformation. Additionally, Forrester's framework emphasizes enhancing customer experiences and modernizing IT infrastructure, while IDC's MaturityScape helps assess and develop organizational digital maturity. MIT's framework explores cutting-edge strategies for achieving digital success.
These materials are perfect for enhancing your business or classroom presentations, offering visual aids to supplement your insights. Please note that while comprehensive, these slides are intended as supplementary resources and may not be complete for standalone instructional purposes.
Frameworks/Models included:
Microsoft’s Digital Transformation Framework
McKinsey’s Ten Guiding Principles of Digital Transformation
Forrester’s Digital Transformation Framework
IDC’s Digital Transformation MaturityScape
MIT’s Digital Transformation Framework
Gartner’s Digital Transformation Framework
Accenture’s Digital Strategy & Enterprise Frameworks
Deloitte’s Digital Industrial Transformation Framework
Capgemini’s Digital Transformation Framework
PwC’s Digital Transformation Framework
Cisco’s Digital Transformation Framework
Cognizant’s Digital Transformation Framework
DXC Technology’s Digital Transformation Framework
The BCG Strategy Palette
McKinsey’s Digital Transformation Framework
Digital Transformation Compass
Four Levels of Digital Maturity
Design Thinking Framework
Business Model Canvas
Customer Journey Map
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Every industrial revolution has created a new set of categories and a new set of players.
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𝐔𝐧𝐯𝐞𝐢𝐥 𝐭𝐡𝐞 𝐅𝐮𝐭𝐮𝐫𝐞 𝐨𝐟 𝐄𝐧𝐞𝐫𝐠𝐲 𝐄𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐜𝐲 𝐰𝐢𝐭𝐡 𝐍𝐄𝐖𝐍𝐓𝐈𝐃𝐄’𝐬 𝐋𝐚𝐭𝐞𝐬𝐭 𝐎𝐟𝐟𝐞𝐫𝐢𝐧𝐠𝐬
Explore the details in our newly released product manual, which showcases NEWNTIDE's advanced heat pump technologies. Delve into our energy-efficient and eco-friendly solutions tailored for diverse global markets.
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[To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
This PowerPoint compilation offers a comprehensive overview of 20 leading innovation management frameworks and methodologies, selected for their broad applicability across various industries and organizational contexts. These frameworks are valuable resources for a wide range of users, including business professionals, educators, and consultants.
Each framework is presented with visually engaging diagrams and templates, ensuring the content is both informative and appealing. While this compilation is thorough, please note that the slides are intended as supplementary resources and may not be sufficient for standalone instructional purposes.
This compilation is ideal for anyone looking to enhance their understanding of innovation management and drive meaningful change within their organization. Whether you aim to improve product development processes, enhance customer experiences, or drive digital transformation, these frameworks offer valuable insights and tools to help you achieve your goals.
INCLUDED FRAMEWORKS/MODELS:
1. Stanford’s Design Thinking
2. IDEO’s Human-Centered Design
3. Strategyzer’s Business Model Innovation
4. Lean Startup Methodology
5. Agile Innovation Framework
6. Doblin’s Ten Types of Innovation
7. McKinsey’s Three Horizons of Growth
8. Customer Journey Map
9. Christensen’s Disruptive Innovation Theory
10. Blue Ocean Strategy
11. Strategyn’s Jobs-To-Be-Done (JTBD) Framework with Job Map
12. Design Sprint Framework
13. The Double Diamond
14. Lean Six Sigma DMAIC
15. TRIZ Problem-Solving Framework
16. Edward de Bono’s Six Thinking Hats
17. Stage-Gate Model
18. Toyota’s Six Steps of Kaizen
19. Microsoft’s Digital Transformation Framework
20. Design for Six Sigma (DFSS)
To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations
At Techbox Square, in Singapore, we're not just creative web designers and developers, we're the driving force behind your brand identity. Contact us today.
Top mailing list providers in the USA.pptxJeremyPeirce1
Discover the top mailing list providers in the USA, offering targeted lists, segmentation, and analytics to optimize your marketing campaigns and drive engagement.
Starting a business is like embarking on an unpredictable adventure. It’s a journey filled with highs and lows, victories and defeats. But what if I told you that those setbacks and failures could be the very stepping stones that lead you to fortune? Let’s explore how resilience, adaptability, and strategic thinking can transform adversity into opportunity.
2. THIRD PARTY LOGISTICS
(3PL)
Third Party Logistics (3PL) involves using external organizations to execute logistics
activities that have traditionally been performed within an organization itself.
Organizations that provide one or many of the following logistics services:
Transportation Management
Public/Contract Warehousing
Distribution Management
Freight Consolidation
3. THIRD PARTY LOGISTICS
Services Provided
Service Category Basic Service Specific VAS
Transportation Inbound, Outbound Track, Mode conversion
Warehousing Storage, Facility Management
Cross-dock, In transit merge,
inventory control
Information Technology
Provide and Maintain advanced
information systems
Transportation Management
systems, Warehousing
Management Systems
Reverse Logistics Handle reverse flows
Recycling, Customer returns,
Repair/refurbish
4. THIRD PARTY LOGISTICS PROVIDERS
Types
Transportation Based
Warehousing / Distribution Based
Financial Based
Forwarder Based
5. THIRD PARTY LOGISTICS
Advantages
Cost Reduction
Elimination of infrastructure
resources
Improved efficiency, service and
flexibility
Risk Sharing
Focus on Core Competency Better Cash Flows
Freeing up resources
Access to resources not available at
one’s own organization
6. THIRD PARTY LOGISTICS
Disadvantages
× Loss of control over the logistics function
× Impact on in-house workforce
× More distance from clients – loss of personal touch
× Discontinuity of services of a 3PL Provider
× Differences of opinion / perception of the service level of 3PL Provider
7. THIRD PARTY LOGISTICS
Growth Drivers in India
Strong GDP growth Increased FDI Inflows
Consolidation of raw materials from
vendors
Better Infrastructure
Goods and Service Tax Logistics Parks
Entry of MNC 3PL players in India Required focus on Core Competency
8. THIRD PARTY LOGISTICS
The Future!
India spends around 14.4% of its GDP on logistics and transportation as compared to less
than 8% spent by the other developing countries.
Indian logistics market is expected to grow at a CAGR of 12.17% by 2020 driven by the
growth in the manufacturing, retail, FMCG and e-commerce sectors.
3PL logistics market in India is expected to be worth US$ 301.89 billion by 2020.
The industry as a whole has moved from being just service provider to the position where
they provide end to end supply chain solutions to their customers.