atulsharma689827
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Jan 29, 2022
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About This Presentation
All you need to know about Inbound Logistics.
Size: 543.81 KB
Language: en
Added: Jan 29, 2022
Slides: 10 pages
Slide Content
Inbound logistics By – Atul Sharma (2K20/BMBA/10) MBA – Business Analytics USME – DTU LOGISTICS PLANNING & STRATEGY
Logistics Logistics is the management of flow of things between point of origin to the point of consumption in order to meet requirements of customers or corporations/ organizations/ companies.
Inbound logistics Inbound logistics is the way materials and other goods are brought into a company. This process includes the steps to order, receive, store, transport and manage incoming supplies. Inbound logistics focuses on the supply part of the supply-demand equation .
Inbound logistics activities
Let’s take an example Let us suppose that there is a company named “Delhi Designs” a fashion company. Delhi Designs identifies how much fabric, thread, buttons, zippers and other supplies it needs to make its upcoming fall fashion line to meet forecasted sales volume. The receiving team also handles the return of unsold clothing from retailers. Their contracts dictate that stores send back leftover inventory and receive partial credit toward purchases of new season merchandise. Last-season apparel goes to a staging area for use by the team that fulfils orders from discount stores and liquidators.
Importance of Inbound logistics Companies can take advantage of many benefits from inbound logistics, including more reliable sources of supplies and lower costs for raw materials.