Logistics Management

A topic in Educational Logistic, Supply Management Chain

1. LOGISTICS MANAGEMENT ROMMIE ACOPIADO & ENECITO UBALES JR.

2. Logistics is the … “process of planning, implementing, and controlling the efficient, effective flow and storage of goods, services, and related information from point of origin to point of consumption for the purpose of conforming to customer requirements.” WHAT IS LOGISTICS?

3. The term Logistics Management is that 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 customers’ requirements.

4. Not really! “ Supply Chain Management deals with the management of materials, information and financial flows in a network consisting of suppliers, manufacturers, distributors, and customers” So, Logistics and Supply Chain are equivalent terms. IS IT DIFFERENT FROM SUPPLY CHAIN MANAGEMENT?

5. Purchasing/Procurement Inventory Control Warehousing Materials Handling Facility Location/ Network Design Transportation Customer Service Order Processing LOGISTICS FUNCTIONS

6. VISUAL REPRESENTATION OF INTERGRATED LOGISTIC MANAGEMENT

7. NATURE AND CONCEPTS Logistics is the management of the flow of goods, information, and other resources, including energy and people, between the point of origin and the point of consumption in order to meet the requirements of consumers (frequently, and originally, military organizations).

8. TYPES OF LOGISTICS INBOUND LOGISTICS OUTBOUND LOGISTICS THIRD PARTY LOGISTICS FOURTH PARTY LOGISTICS REVERSE LOGISTICS

9. A. INBOUND LOGISTICS Inbound logistics refers to the transport, storage and delivery of goods coming into a business.

10. A. INBOUND LOGISTICS EXAMPLES Sourcing and vendor selection for supply of raw materials and manufacturing parts Inbound transportation and procurement planning Raw materials warehousing including consolidation warehousing Management of Inventory Information system for effective support strategic alliances with the supplies and transporters

11. A. INBOUND LOGISTICS FLOW

12. B. OUTBOUND LOGISTICS Outbound logistics refers to the same for the goods going out of a business. Inbound and outbound logistics combine within the field of supply-chain management, as managers seek to maximize the reliability and efficiency of distribution networks while minimizing transport and storage cost.

13. B. OUTBOUND LOGISTICS FLOW

14. Outbound logistics system is concerned with the flow of finished products from factory warehouse to the customers through a distribution network comprising: The Wholesalers Distributors Retailers Regional Warehouses Transporters The inventory at all levels Sales order processing Accounts receivable realization and Counter flow of information from the customers to the factory

15. C. THIRD PARTY LOGISTICS A 3PL (third party logistics) is a provider of outsourced logistics services. Logistic services encompass anything that involves management of the way resources are moved to the areas where they are required. The term comes from the military.

16. C. THIRD PARTY LOGISTICS FLOW

17. D. FOURTH PARTY LOGISTICS This evolution in supply chain outsourcing is the 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 organization’s Supply Chain and its array of providers.

18. D. FOURTH PARTY LOGISTICS FLOW

19. E. REVERSE LOGISTICS Reverse logistics is for all operations related to the reuse of products and materials. It is “the process of moving goods form their typical final destination for the purpose of capturing value, or proper disposal.

20. E. REVERSE LOGISTICS

21. MAJOR FEATURES OF LOGISTICS MANAGEMENT Smooth flow of all types of goods such as raw materials, work in process and finished goods. Meeting customers expectations about the product and related information requirements Real time flow of information about products demand and availability Best possible customer service at the least possible cost Delivery of quality product in required quantity without excessive safety stock Integration of various managerial functions for optimization of resources.