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logistic management

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Navdeep Asteya
Navdeep Asteya

Logistics management involves planning, executing, and controlling the flow of goods and services from the point of origin to the point of consumption to meet customer needs. It includes procurement, production, distribution, and disposal logistics, as well as inbound, outbound, third-party, and reverse logistics. The objectives of logistics are rapid response, minimum variance, and quality. It faces challenges related to transportation, security, environmental issues, and driver shortages. Logistics is important for maintaining competitive advantage, building customer relationships, and producing finished goods.

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Logistic Management
WHAT IS LOGISTICS & LOGISTICS MANAGEMENT? Logistics. The planning, execution, and control of the movement / placement of goods and / or people, and the related supporting activities, all within a system designed to achieve specific objectives. Logistics Management "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' requirementsโ€
MAIN FIELDS WITH IN LOGISTICS ๏ƒ˜ Procurement Logistics ๏ƒ˜ Production Logistics ๏ƒ˜ Distribution Logistics ๏ƒ˜ Disposal Logistics
๏‚— Inbound Logistics ๏‚— Outbound Logistics ๏‚— Third Party Logistics ๏‚— Fourth Party Logistics ๏‚— Reverse Logistics TYPES OF LOGISTICS
INBOUND
logistic management
logistic management
logistic management
logistic management
OBJECTIVES OF LOGISTICS OPERATING OBJECTIVE: ๏‚— Rapid response Rapid response is concerned with a firmโ€™s ability to satisfy customer service requirements in a timely manner ๏‚— Minimum variance Variance is any unexpected event that disrupts system performance ๏‚— Quality
CHALLENGES FACED BY THE LOGISTICS INDUSTRY ๏ƒ˜ Mode of transportation ๏ƒ˜ A knowledge of international currencies as well as border treaties, terrorist/piracy hot spots, taxes, regulatory laws, and government issues ๏ƒ˜ Security ๏ƒ˜ Driver Shortage/Retention ๏ƒ˜ Environmental Issues
IMPORTANCE OF LOGISTIC ๏ƒ˜ Maintaining competitive advantage ๏ƒ˜ Good consumer relationship ๏ƒ˜ Creating finished goods
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logistic management

  • 2. WHAT IS LOGISTICS & LOGISTICS MANAGEMENT? Logistics. The planning, execution, and control of the movement / placement of goods and / or people, and the related supporting activities, all within a system designed to achieve specific objectives. Logistics Management "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' requirementsโ€
  • 3. MAIN FIELDS WITH IN LOGISTICS ๏ƒ˜ Procurement Logistics ๏ƒ˜ Production Logistics ๏ƒ˜ Distribution Logistics ๏ƒ˜ Disposal Logistics
  • 4. ๏‚— Inbound Logistics ๏‚— Outbound Logistics ๏‚— Third Party Logistics ๏‚— Fourth Party Logistics ๏‚— Reverse Logistics TYPES OF LOGISTICS
  • 10. OBJECTIVES OF LOGISTICS OPERATING OBJECTIVE: ๏‚— Rapid response Rapid response is concerned with a firmโ€™s ability to satisfy customer service requirements in a timely manner ๏‚— Minimum variance Variance is any unexpected event that disrupts system performance ๏‚— Quality
  • 11. CHALLENGES FACED BY THE LOGISTICS INDUSTRY ๏ƒ˜ Mode of transportation ๏ƒ˜ A knowledge of international currencies as well as border treaties, terrorist/piracy hot spots, taxes, regulatory laws, and government issues ๏ƒ˜ Security ๏ƒ˜ Driver Shortage/Retention ๏ƒ˜ Environmental Issues
  • 12. IMPORTANCE OF LOGISTIC ๏ƒ˜ Maintaining competitive advantage ๏ƒ˜ Good consumer relationship ๏ƒ˜ Creating finished goods