SCM is one of the key pillars of Germany’s competitiveness as a business location, paving the way for added industrial value, the movement of goods and cooperation between companies. Weighing in just behind trade and the automotive industry, logistics is the third largest sector in Germany, employing some 2.6 million persons. Annual turnover of 166 billion € is earned throughout the industry, representing approximately 7% of German gross domestic product. The sector also displays far-above average growth. Around 15 billion € are invested in logistics real estate, technologies and qualification measures each year. The potential of the European logistics market totals approximately 600 billion €. At 28%, Germany holds a large portion of this market. This is due not only to its geographic situation right in the heart of Europe, but to the top international position Germany has assumed in infrastructure and logistics technology in the view of many foreign investors. The market potential of 82 million residents and the export strength of German industry facilitate for international investors ideal proximity to customers and suppliers. German logistics service providers enjoy a very sound international reputation. Their creativity, flexibility and know-how in the improvement of modern added-value processes are appreciated throughout the world. German innovations in logistics (particularly in telematics and navigation) are world class.
Materials Logistics Management (MLM)
The concept of materials logistics management includes Procurement (Purchasing) Practices. It describes a practical approach to managing the interfaces between purchasing, manufacturing and distribution drawn on a computer-based management system. Materials Logistics Management (MLM) Programme developed in order to meet industry's requirement in this respect. MLM help firms to gain competitive advantage, co-ordination and appropriate cost trade-off analysis must occur... [continues]
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