LOGISTICS MANAGEMENT

LOGISTICSLogistics 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 there requirements of consumers.

It involves the integration of information, transportation, inventory, warehousing, material-handling, and packaging, and occasionally security.

India spent nearly $ 50 billion to move material from one use to another.Any productivity improvement that could be achieved in any part of logistic system, at the micro or macro level would help in cost reduction and proper deployment of scare national resources to the productive purposes .

LOGISTICS MANAGEMNTLogistics management is a supply chain management component that is used to

meet customer demands through the planning, control and implementation of the effective movement and storage of related information, goods and services from origin to destination.

The logistics management process begins with raw material accumulation to the final stage of delivering goods to the destination.

By adhering to customer needs and industry standards, logistics management facilitates process strategy, planning and implementation.

LOGISTICS MANAGEMNT

Objectives Inventory Reduction

Reliable and consistent delivery performance

Freight economy

Minimum product damage

Quick Response

LOGISTICS MANAGEMNT

Elements Selecting appropriate vendors with the ability to provide transportation

facilities.

Choosing the most effective routes for transportation.

Discovering the most competent delivery method.

Using software and IT resources to proficiently handle related processes.

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