INTRODUCTION What is logistics Logistics is the process of planning and executing the efficient transportation and storage of goods from the point of origin to the point of consumption . The goal of logistics is to meet customer requirements in a timely, cost-effective manner
FUNCTIONS OF LOGISTIC MANAGEMENT
TRANSPORTATION BY ROAD BY PIPELINE BY AIR BY TRAIN BY SHIP
Warehousing Warehouse management encompasses the principles and processes involved in running the day-to-day operations of a warehouse . At a high level, this includes receiving and organizing warehouse space, scheduling labor, managing inventory and fulfilling orders.
Third-party logistics (or 3PL) refers to the outsourcing of ecommerce logistics processes to a third party business, including inventory management, warehousing, and fulfillment . 3 rd Party Logistics
4 th Party Logistics Fourth-party logistics, also known as 4PL, is an operational model in which a business outsources its entire supply chain management and logistics to one external service provider .
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.
Inbound O utbound Inbound logistics brings materials, goods into business Outbound logistics deals with moving goods and products out to customers INBOUND AND OUTBOUND LOGISTICS
SEVEN R’S OF LOGISTICS
OPPORTUNITIES IN logistics Entry Level Jobs Logistic Co-Ordinator ( 3 to 3.5 LPA ) Warehouse Associate ( 2.2 LPA ) Freight Forwarder (2.5 LPA ) Short Term Goal In Industry Gain Practical experience in areas such as transportation, co-ordination, Inventory management, documentation Possible carrer Paths Specialization ( 5.5 LPA ) Supervisor/ Manager ( 8.5 LPA ) Project manager (10.5 LPA ) Senior leadership ( 4.5 LPA )
PROFESSIONAL SKILLS REQUIRED
CURRENT TRENDS IN LOGISTICS
Skilling Programs & Institutes INSTITUTE NAME SKILLING PROGRAM INSTITUTE FEE Indian institute of materials management , Pune Diploma in material management 25,000 to 30,000 Symboisis centre of distance learning, Pune PG Diploma in Logistics & Supply chain management 30,000 to 40,000 MIT School of Distance Education, Pune PG Diploma in Logistics & Supply chain management 30,000 to 40,000 SR.NO 1) 2) 3)