Logistics Management

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LOGISTICS MANAGEMENT

Chapter-1 Concepts Objectives and Elements of Logistics

1.
A. Introduction of Marketing Logistics
B. Definition of Marketing Logistics
C. Evolution of Marketing Logistics & Intl.Logistics D. Concept of Logistics
E. Components of Logistics system
F. Article

Chapter-2 Logistics Sub-system

A. Marketing Logistics
B. Essence of logistics in marketing:
C. Relevance of Logistics in Export Management
D. Importance of Logistics as a strategic resource: E. Trade-Off Analysis
F. Forms of logistics management
G. Questions for Self-Analyzation

Chapter-3 International Logistics

A. Introduction
B. Definition
C. Supply Management
D. Incoterms
E. International Packaging Issues

Chapter-4 Integrated Logistics

A. Introduction
B. Network Design
C. Information

Location Redesign

D. Transportation
E. Inventory

Warehousing, Material Handling, and Packaging

F. Integrated Logistics

Inventory Flow

G. Information Flow

Hospital's Cure for Inefficiency

H. Barriers to Internal Integration
CHAPTER-1
Concepts Objectives and Elements of Logistics
2.
Definitions of Logistics
Logistics is new unique, it never stops! Logistics is happening around the globe 24 hours days Seven days a week during fifty-two weeks a year. Few areas of business involve the complexity or span the geography typical of logistics. Logistics is concerned with getting products and services where they are needed whenever they are desired. Most consumers take a high level of logistical competency for granted. When they go to store, they expect products to be available and fresh. It is rather difficult to visualize any marketing or manufacturing without logistical support Modern logistics is also a paradox. Logistics has been performed since the beginning of civilization: it’s hardly new. However implementing best practice of logistics has become one of the most exciting and challenging operational areas of business and public sector management According to Council of logistics management: “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 customer requirement”.

Logistical management includes the design and administration of systems to controls the flow of material, work- in – process, and finished inventory to support business unit strategy. Logistics is the designing and managing of a system in order to control the flow of material throughout a corporation. This is a very important part of an international company because of geographical barriers. Logistics of an international company includes movement of raw materials, coordinating flows into and out of different countries, choices of transportation, and cost of the transportation, packaging the product for shipment, storing the product, and managing the entire process.

Analysis of the figure of evolution of logistics

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Fragmentation 1960
This era was known as fragmentation because every thing that done was disintegrated Evolving Integration
At this stage of time new concepts of Logistical management were evolving Total integration
In the present scenario because of technological advances logistics has evolved as part of management

Concept of Logistics
The concept of logistics is fairly new in the business world. The theoretical development was not used until 1966. Since then, many business practices have evolved and...
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