MBA International Logistics Management pdf Notes - Download 4th Sem Study Materials & BooksLogistics Management PPT with PDF : Logistics management is defined as a process of management which joins the movement of products, services, data and capital from the stage of raw materials to the consumer end product. Activities of logistics are categorized into two types and those are as below:. The flow of products and storage of products in an organization and outside of an organization is called as logistics. The vital objective of it is the complete customer satisfaction and a single organization gets involve in logistics management, it is an activity of supply chain management. So, logistics management involves the operations like implementation, planning and controlling an effective flow of raw materials, storage of raw materials, and finished products. Vendors are selected based on two parameters and those are as below:. The factors that come under necessary standards are as follows:.
Types of Logistics
TRANSPORTATION SYSTEMS AND LOGISTICS MANAGEMENT.pdf
SlideShare Explore Search You. Put away: Binning and storing the goods in their respective locations including the temporary locations from the receiving docking area! Flag for inappropriate content. The system also involves simplified documentation?The wider business, economic and political environments are increasingly subjected to unexpected shocks and discontinuities. A number of case studies are also analyzed throughout the course to highlight important principles and best practices in global logistics and supply chain management. The ability to transport goods sa! They are also possibly not motivated to give working capital reduction a higher priority because an unrealistically low cost of capital is often used in decision making.
Joint costs: A joint cost occurs when the logisticx of one product or service requires or offers the production of another product or service. As a result of this research the supplier was better able to focus its marketing efforts and to re-engineer its supply chain strategy to achieve a better match oogistics customer requirements. It will be argued later that the way we service the customer has become a vital means of differentiation. Can volume be increased without a proportionate increase in the costs of service!
Sometimes these costs will be hidden and often they can be substantial - certainly big enough to reduce or even eliminate net profit on a particular item. In addition, the programme provides a basis for those who want to enter a doctoral programme. These methods explain about the distribution of products from the manufacturer to a retailer and from retailer to customer and other similar relations. Strong positive cash flow has become as much a desired goal of management as profit.
New logistics concepts and strategies will manage,ent you improve decision making in preparedness, response, e. Time: The time taken to respond to customer requirements. The dramatic rise of China as a major producer of quality consumer products is evidence of this. This transition from a relatively stable world to one that is much more turbulent requires supply chains to be capable of changing rapidly to meet changed circumstances.
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Downward pressure shippinb price Whilst the trend might not be universal there can be no doubting that most markets are more price competitive today than they were a decade ago. The more that processes are linked between the supplier and the customer the more the mutual dependencies increase and hence the more difficult it is for competitors to break in? This is particularly relevant when developing a service strategy for spare parts. Logistics includes all the activities required to move product and information to, from and between members of a supply chain.
Hence, transportation sector plays an important role in the promotion of domestic sihpping well as international trade. Private bonded warehouses have to obtain license from the government. Pipe-lines are variable cost carriers. However, whilst these are still necessary dimensions of a successful marketing strategy they are not sufficient.Business logistics--Cost effectiveness. Thus a manufacturer might be motivated to establish supply and distribution arrangements that would enable production efficiencies to be maximised. Variable Cost: Variable cost is that cost which changes with the services or volume. The impact of these trends is that these more powerful customers are becoming more demanding in terms of their service requirements from suppliers.
These factors might include delivery frequency and reliability, inventories and trends, for example. Discover everything Scribd has to offer, manufacture and distribute that same product. Through its databases, including books and audiobooks from major publishers. In other words the life of a product on the market is less than the logistice it takes to desi.
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