Understanding Logistics Management in Business

Logistics management involves the systematic flow of products, services, resources, and information from manufacturing to consumption. It plays a crucial role in trade and business, leading to customer satisfaction and providing a competitive edge. Objectives include rapid response, minimum inventory, and quality support. Key functions encompass order processing, inventory management, transportation, and more. Green logistics focuses on minimizing the environmental impact of logistics activities.

• Logistics Management
• Supply Chain
• Green Logistics
• Business Operations

amcfa Follow

Uploaded on Sep 21, 2024 | 0 Views

Download Presentation

Please find below an Image/Link to download the presentation.

The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author. Download presentation by click this link. If you encounter any issues during the download, it is possible that the publisher has removed the file from their server.

Presentation Transcript

1. CHAPTER 1 INTRODUTION TO LOGISTICS MANAGEMENT J.M.Patel College of Commerce Mr.Manoj Mishra

2. MEANING OF LOGISTICS Logistics is concerned with getting the products and services where they are needed and when they are needed. Logistics management can be defined as systematic flow of products, services, resources and information from date and place of manufacturing to date and place of consumption by carrying out various function such as planning, warehousing, transportation and material handling at the most economic cost and minimum possible time whenever,wherever the need arises. J.M.Patel College of Commerce Mr.Manoj Mishra

3. IMPORTANCE OF LOGISTICS 1. 2. 3. 4. 5. 6. Logistics is the bedrock of trade and business. Leads to customer satisfaction. Integrated Logistical Activities. Competitive Edge. Logistics wins or loses wars. Supports critical functions like operations and marketing. Logistical Costs. 7. J.M.Patel College of Commerce Mr.Manoj Mishra

4. OBJECTIVES OF LOGISTICS 1. Rapid Response 2. Minimum Variance 3. Minimum Inventory 4. Movement Consolidation 5. Quality 6. Life Cycle Support J.M.Patel College of Commerce Mr.Manoj Mishra

5. FUNCTIONS AND SCOPE OF LOGISTICS 1. Order Processing 2. Inventory Management 3. Warehousing 4. Transportation 5. Material Handling 6. Packaging 7. Information Management 8. Procurement / Purchasing J.M.Patel College of Commerce Mr.Manoj Mishra

6. LOGISTICAL COMPETENCY FIVE PILLARS 1. Network Design 2. Information Management 3. Transportation 4. Inventory Management 5. Warehousing , Material Handling & Packaging J.M.Patel College of Commerce Mr.Manoj Mishra

7. GREEN LOGISTICS Meaning of green Logistics : Green Logistics describes all the attempts to measure and minimize the ecological impact of logistics activities. This includes all activities of the forward and reverse flows of products , informations and services between the point of origine and the point of consumptions. It is the aim of strike a balance between economic and environmental efficiency. Thus , green logistics refers to procedures and step instituted by a logistics company to minimize its waste and other negative effects of environment . J.M.Patel College of Commerce Mr.Manoj Mishra

8. HOW TO ACHIEVE GREEN LOGISTICS 1. Network optimization 2. Alternative mode of transportations 3. Alternative fuel 4. Building bypass roads 5. Paper usage reduction 6. New fleet induction 7. Waste recycling and scientific disposal J.M.Patel College of Commerce Mr.Manoj Mishra