Logistics management concept objectives functions authorstream. Com mobile 98900 75900 1 elements of ligistics management logistics management consists of eight elements called wings of logistics. We have developed an introductory video training course titled scope of supply chains that provides an introduction to logistics and supply chain topics over four modules. Ramachandran, director, amet bschool, chennai, india. Scope logistics services logistic and warehouse services in. It actually requires a lot of special knowledge, skills and professional management to get it look so effortless. Logistics management covers every stage of the physical distribution process, from raw materials and component parts being ordered and delivered. Logistics management and supply chain management 1171 words 5 pages. In its simplest terms this implies an approach to organisation and decisionmaking in a company which emphasises the relationships between the various functions and departments within the company, rather than the functions. Jun 30, 2012 indian logistics scenario is undergoing major transformation. Mba international logistics management pdf notes download. A critical evaluation article pdf available in international journal of economics and business research 32. This presentation explore the origin, functions and objectives of logistics or logistics management, which is now an integral part of supply chain management. Do the terms, logistics management and supply chain management have the same meaning in operations and why logistics management might be of strategic importance to a manufacturing or service organisation.
Role and function of logistics management techno faq. The controlling of logistics projects is discussed. But logistics is a part of supply chain and that means whoever manages your supply chain will be responsible for managing freight forwarders, shipping companies, parcel delivery companies like fedex and ups. What is scope after mba in logistics and supply chain management nowadays students have numerous choices to nurture their career in different fields with the availability of multidisciplinary education in all streams. In recent years great emphasis has been placed on looking at various aspects of management, and indeed the total management process, from a systems perspective.
Any university student can download given mba international logistics management notes and study material or you can buy mba 4th sem international logistics management books at amazon also. Logistics management modern development trends 148 material flow in the logistics process affects both supply and distribution, as well as production processes, which causes the multiplicity of the ways of its achievements. Mba in shipping and logistics management apnaahangout. Pdf on feb 1, 2012, andrzej szymonik and others published logistics and. A supply chain operative should be able to devise the flow chart for the whole operation. Coursespecific information please consult part b for key information on asb policies including those on plagiarism and special consideration, student responsibilities and student support services. On average, companies can potentially save between 20 58% on inbound freight spend. Supply chain management scm acknowledges all of traditional logistics and also includes activities such as marketing, new product development, finance, and customer service michael hugos. This course focuses on two sectors shipping and logistics management. Few areas of business involve the complexity or span the. Barcode solutions for logistics is a helpful website that starts with a basic knowledge of logistics, including its history and role, and features hints for improving efficiency, reducing labor requirements, and improving quality at worksites related to logistics. Also, traditional logistics focuses its attention on activities such as procurement, distribution, maintenance, and inventory management.
After pursuing a graduation course in logistics and shipping, you can apply for various sectors including supply chain, shipping and logistics. Pdf logistics and supply chain management researchgate. The scope of logistics logisticsmanagement scm 345. Inbound logistics is one of the most overlooked aspects in logistics management. In effective logistics management, for example, automation requires and perfect coordination. The training outline presented within this logistics management professionalization program is focused on the development of the individual logistician skill competencies to support professional performance with a solid foundation in knowledge. For the dissemination of the very concept and scope of logistics, it was of huge. 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 the. Aug 14, 2017 there are various factors involved in effective logistics management. Keywords supply chain management, distribution management. In such a scenario few of the industries have become extremely challenging wherein it has become hard to get a foothold. Oct 28, 2011 logistics management covers every stage of the physical distribution process, from raw materials and component parts being ordered and delivered to the factory, materials handling and storage, stock control, sales forecasting from which the forecasts of individual components parts, transport and storage requirements are derived.
Mar 20, 2020 also, traditional logistics focuses its attention on activities such as procurement, distribution, maintenance, and inventory management. I have been through a lots of logistics business so i think i would be the right person to answer this. At a bare minimum, the scope of logistics entails traffictransportation, shipping and receiving, warehousing and importexport operations. Logistics management is defined as a process of management which joins the movement of products, services, data and capital from the stage of raw materials to the consumer end product. Logistics management consists of the process of planning, implementing and controlling the efficient flow of rawmaterials, workinprogress and finished goods and related informationfrom point of origin to point of consumption. This topic clarifies the distinction between logistics and supply chain management and gives some ways to determine the status of. Logistics is the management of the movement of goods whereas supply chain management covers the many other areas were discussing here. Logistics management is increasingly becoming a topic of interest among academicians and practitioners, since it may lead to reduced operational costs, improved delivery performance and increased customer satisfaction levels. The purpose of this paper is to identify and explore the content of logistics and supply chain management, and to find the connections and the differentials factors that are between the two areas. Best practices in scope 3 greenhouse gas management 2 acknowledgements this guidance was developed by the science. The evolution and future of logistics and supply chain management.
Cargo transport is an integral part of the delivery systems in the enterprise. At the same time, globalization and increased use of technology are changing customer expectations and the way services are delivered. Indian logistics scenario is undergoing major transformation. Logistics management is connected with acquisition, collection, processing and transmission of large amounts of information. Pdf logistics concept, evolution, objectives and elements. Findings the scope of the field has broadened bringing new challenges for researchers and. Opmg5811 logistics management 1 opmg 5811 logistics management course outline semester 2, 2012 part a. Find out all about career in sports management and job scope. Pdf logistics management and supply chain management. Objectives of logistics management in scm scm wizard. What is the future scope of logistics and supply chain. What are the basic functions of logistic management. Supply chain management and the role of logistics while this is a course on logistics, in todays interconnected world, it is impossible to look at logistics without also looking at supply chain management.
Explain the scope of logistic management in india context. Logistics involves the integration of information, transportation, inventory, warehousing, material handling, and packaging, and often security. In simple terms, logistics means the commercial activity of transporting goods to customers. The nature and scope of marketing logistics springerlink. Management of order processing, inventory, transportation and combination of warehousing, materials handling, and packaging, all integrated throughout a network of facilities. Military logistics in military logistics, logistics officers manage how and when to move resources to the places they are needed. The other objectives of logistics management should be consistency in delivery performance.
Feb 12, 2019 i have been through a lots of logistics business so i think i would be the right person to answer this. Many times, the additional areas of inventory management, purchasing, production planning and customer service can fall under the umbrella of logistics as well. Logistics management 3 the scope and goal of logistics the scope of logistics involves. The topics contained in scope of supply chains are. Mba in shipping and logistics management course is one such industrysectorspecific management education course.
This section introduces five typical fields of logistics. Scope and importance of logistics management scribd. Scope and importance of logistics management free download as powerpoint presentation. Logistics management consists of the process of planning, implementing and controlling the efficient flow of rawmaterials. Mayur s nakhava, mba student, amet bschool, chennai, india. How right physical distribution of logistics can help minimizing costs and lead time. Sometimes it refers to the process of planning, organizing, staffing, directing, coordinating and controlling, at other times it is used to describe it as a function of managing people. Pondicherry university a central university directorate of distance education logistics and supply chain management mba marketing paper code.
Explain the scope of logistic management in india context what are the basic functions of logistic management logistic management. Scope operates behind the scenes, managing critical fleet, transportation and supply chain functions, many of which make the products that consumers use every day. There are various factors involved in effective logistics management. Profit maximiser redefined the notion of exploiting bookie offers as a longerterm, rather than a oneoff opportunity. The learning is based on visual slides with voice over by roger oakden. If you look at effective transport done right, you might get the impression that it seems simple. What is scope after mba in logistics and supply chain. This paper describes the idea of logistics projects. It expl logistics management concept objectives functions authorstream. Another pertinent factor that logistics management takes into account is the flow of goods in forward and reverse order. View notes the scope of logistics from scm 345 at arizona state university.
The 3pl service providers are now experiencing challenging task to adapt to ever demanding logistics scenario. The term management has been used in different senses. This is because, 20 % of the products cost goes to the logistics sector. Scope of logistics service provision there is no universally agreed definition for logistics services, and the role may be interpreted in very different ways across the region. It is strategic in nature, as it is designed and implemented in order to improve the. Pdf the evolution and future of logistics and supply chain. Kumar pratik, mba student, amet bschool, chennai, india. Com elements of logistics management additional notes scorebms. Logistics management is an allinclusive term that encompasses both planning and execution of four key aspects of logistics, i. The essence and scope of supply chain strategy the article addresses the issue of strategic decisions undertaken while managing supply chains. Logistics management covers every stage of the physical distribution process, from raw materials and component parts being ordered and delivered to the factory, materials handling and storage, stock control, sales forecasting from which the forecasts of individual components parts, transport and storage requirements are derived. Scope this program covers the fundamental elements of logistics in four major program areas. Importantly, it also includes coordination and collaboration with channel partners, which can be suppliers, intermediaries, third party service providers, and customers.
Any university student can download given mba international logistics management notes and study material or you can buy mba 4th sem international logistics management books at. Thus, keeping in pace with this sector means seeing the status, which can lead to more considerable adjustme. Types of logistics logistics basics barcode solutions for. In military science, maintaining ones supply lines while disrupting those of the enemy is a crucialsome would say the most crucialelement of military stratagy, since an armed force without resources and. A logistics monthly report about transportation costs is vital for every business sector. But, there is always a scope for improvising the process.
For this reason, logistics is one of the most crucial factors in the quality of any supply chain. Feb 26, 2012 profit maximiser redefined the notion of exploiting bookie offers as a longerterm, rather than a oneoff opportunity. Marketing logistics concept, objective, scope and its elements. Logistics concept, evolution, objectives and elements. Seasoned users report steady monthbymonth profits and support each other through a famously busy, private facebook group. Logistics is the management of the flow of resources, not only goods, between the point of origin and the point of destination in order to meet the requirements of customers or corporations. May 04, 2018 the other objectives of logistics management should be consistency in delivery performance. A new approach to reduce the operating cost is to cut on the fixed assets. Managing a collaborative and complex logistics supply chain that provides equipment, supplies, and services for incidents requiring an integrated whole. Supply chain management encompasses the planning and management of all activities involved in sourcing and procurement, conversion, and all logistics management activities. Logistics is happening around the globe 24 hours a days seven days a week during fiftytwo weeks a year.