LOGISTICS MANAGEMENT.pptx

Today Logistics is more important in all Sector, Good logistics management helps enhance business' efficiency and effectiveness in logistics process and supply chain management. Good logistics management leads to reduction in time spent on completing each step of a manufacturing process with the help of information technology and communication system.

1. LOGISTICS MANAGEMENT By, Dr.R.ALAGESAN , Assistant Professor of Economics, Mannar Thirumalai Naicker College

2. Meaning Logistics is the term which generally means the management of transportation of information, from one place to another. Logistics involves things like transportation, inventory, packaging, supplies and sometimes, social security and warehousing.

3. Types of Logistic

4. Types of Logistic Inbound logistics OUTBOUND LOGISTICS THIRD PARTY LOGISTICS FOURTH PARTY LOGISTICS DISTRIBUTION LOGISTICS REVERSE LOGISTICS

5. BASIS FOR COMPARISON INBOUND LOGISTICS OUTBOUND LOGISTICS Meaning The influx of raw material and parts, from suppliers to the manufacturing plant, is known as inbound logistics. The outward movement of final goods, from the company to the end user, is known as outbound logistics. Related to Material management and procurement Customer service and channel of distribution Focuses on Deployment of resources and raw materials, within the manufacturing plant. Movement of finished goods or product from the business to final customer. Interaction Between supplier and the firm Between firm and customers

6. THIRD PARTY LOGISTICS

7. FOURTH PARTY LOGISTICS It is the outsourcing of logistics operations to a single partner. The partner will be responsible for assessing, designing, building, running and measuring integrated supply chain solutions for the client.

8. DISTRIBUTION LOGISTICS Distribution logistics, also known as sales logistics, deals with the planning, realisation and control of the movement of goods. It is an inter- organisational logistics system, where the aim is to make the logistics channel from the supplier to the customer efficient – especially in terms of costs and performance.

9. REVERSE LOGISTICS Reverse logistics is a type of supply chain management that moves goods from customers back to the sellers or manufacturers. Once a customer receives a product, processes such as returns, or recycling require reverse logistics.

10. Logistics Management

11. Scope of Logistic

12. Network Design:  Network Design is one of the prime function performed by process of logistic management. Logistic manager properly designs a network that denotes the number and location of production plants, storage houses, equipment for handling of materials etc. These factors are key determinants of efficiency of logistics and need to be decided with due attention. Procurement:  Logistics management monitor the procurement of required materials and equipment for supporting manufacturing process of organization. It identifies supply sources, places order, manages inbound transportation, collect, inspect and store materials. All required raw materials of right quality are provided at right time at a minimum cost. Material Handling:  Logistics management involves proper handling of all materials within organization like raw-materials, equipment’s, semi-finished and final goods. They need to be properly handled within and outside the manufacturing plant, storage house and transportation terminal. Managers need to ensure that there are no losses arising out of breakage, spoilage etc. Order Processing:  Processing of consumer order is an important aspect of logistics management. It ensures that all order are timely processes and performs various operations like receiving, handling and recoding of consumer orders. Logistics management process focuses on reducing the time gap in between the order receipt and dispatch of consignment. It pays attention on fast processing of order and any delay in execution of order is avoided.

13. 5.Inventory Management:  Logistics managers manages all the inventories of materials in right way. Proper amount of inventory is maintained at every point of time to facilitation uninterrupted production and regular supply of goods to consumers. Efforts are made to avoid any blockage of working capital in inventory. Overstocking and understocking of inventory is prevented and an optimum amount is always maintained. 6.Packaging:  Packaging and labelling are very important in logistics management. Packaging involves encasing products in proper packets for its safety and convenient handling. It makes product attractive and facilitate its sales. Labelling is a process of giving identification marks to product and defines its packaging and expiry date, ingredients, price, weight or size of product and instruction for proper handling. 7.Warehousing:  It is a logistical operation which aims at creating time utility by safe storage of products from the time in-between production point to consumption point. Logistic managers properly decide number and location of all warehouses to be established by company for proper storage of its products. 8.Transportation:  Transportation is a logistical activity which refers to movement of goods within and outside the organization. It creates time utility by delivering goods at right time and in right order. Railways, roadways, waterways, airways and pipeline are major sources of transportation used. Logisticians choose a right source of transportation by analyzing them in terms of their cost, speed, reliability, safety and no of its locations.

14. Importance of Logistic 1. Logistics creates an environment that promotes business results 2. Logistics Makes your customers' experience better 3. Logistics contributes to increasing the value of a firm 4. Logistics assists you in getting your goods to the right location at the right time. 5. Logistics contributes to cost reduction and efficiency improvement 6. Reduces operational expenses

15. Logistics creates an environment that promotes business results Maintain up-to-to-date communication between those in the supply chain and everyone who is impacted by changes have enough distribution centres or warehouses. The productivity rate at which items should be distributed across warehouses or distribution centres Every month you need to provide an evaluation of your logistics relationships. Revising regularly for improvement

16. Logistics Makes your customers' experience better Satisfied customers are a business’s most valuable asset. They provide the primary impetus for supply chains in all three phases: production, marketing, and logistics. understanding of their customers’ requirements, preferences, and desires, and then to work tirelessly to accommodate them. convenience of browsing, secure payment options, great product evaluations, and the overall quality of a thing or service upon delivery.

17. Logistics contributes to increasing the value of a firm The more accessible your items are to your clients, the more valuable your commodity may become. Adding value to clients does not have to mean sacrificing quality or quantity. Additionally, it relates to accessibility. I mproved logistics makes your goods more accessible to a broader audience, sensible company leaders see it as a critical instrument for delivering value for consumers. Increased demand also increases the value of some things as they become more widely accessible.