Logistics, Logistics Management, its Objectives and Functions, Management Paradise

Logistics, Logistics Management, its Objectives and Functions. Discuss Logistics, Logistics Management, its Objectives and Functions within the Elements Of Logistics (Logs) forums, part of the Resolve Your Query - Get Help and discuss Projects category; Logistics is concerned with getting products and services where they are needed and when they are desired. In a modern . Logistics is concerned with getting products and services where they are needed and when they are desired. In a modern society most if the customers take excellent logistics service from company as granted and tend to notice logistics only when there is a problem. For Example- Non availability of goods and services which they need very badly, when they visit retail store they expect goods to be in good condition, for ex- fresh fruits, meat, vegetables and the like. It is difficult to visualize accomplishing any manufacturing and marketing actively, efficiently and effectively without any logistical support. Logistics is a broad far reaching function, having a great impact on the standard of living of a modern society. TYPES OF LOGISTICS. Business Logistics - It is the part of the supply chain process that plans, implements and controls the efficient flow and storage of goods and services from point of origin to point of use or consumption. Military Logistics- The design and integration of all aspects of support for the operational capability of the military forces and their equipments to ensure readiness, reliability, and efficiency. Event Logistics - The network of activities, facilities and personnel required to organize, schedule and deploy the resources for an event to take place. Service Logistics -The acquisition, Scheduling, and management of the facilities personnel and material to support and sustain a service operation or business. Logistics Management - Logistics management is a process of planning, executing, and controlling the efficient, effective, flow and storage of goods and services, and related information from point of origin to point of consumption for the purpose of conforming to customer requirement. Objectives of Logistics Management. To make available the right quantity of right quality products at the right place and time in right condition. To offer best service to consumers. To reduce the cost of operations. To maintain transparency in operations. Functions of Logistics. Products are ordered, billed/invoiced, handled, packaged, packed, wrapped, bundled, sorted, crated, and braced. Products are assembled and stored, warehoused, loaded, unloaded, shelved, displayed and crossdocked. Products are shipped by air, railways, waterways, pipelines, and containers. Products are exported, imported, documented marked and consolidated. Products are traced, tracked, recycled and disposed. Logistics customers service standards are set(time, availability, errors etc) Breaking Bulks Accumulating Bulk Creating Assortments Transaction Efficiency Credit Facilities Risk Taking. Gurpreet Singh Senior Associate Bank of America, Gurgaon [ To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts. ] To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts. Logistics is concerned with getting products and services where they are needed and when they are desired. In a modern society most if the customers take excellent logistics service from company as granted and tend to notice logistics only when there is a problem. For Example- Non availability of goods and services which they need very badly, when they visit retail store they expect goods to be in good condition, for ex- fresh fruits, meat, vegetables and the like. It is difficult to visualize accomplishing any manufacturing and marketing actively, efficiently and effectively without any logistical support. Logistics is a broad far reaching function, having a great impact on the standard of living of a modern society. TYPES OF LOGISTICS. Business Logistics - It is the part of the supply chain process that plans, implements and controls the efficient flow and storage of goods and services from point of origin to point of use or consumption. Military Logistics- The design and integration of all aspects of support for the operational capability of the military forces and their equipments to ensure readiness, reliability, and efficiency Event Logistics - The network of activities, facilities and personnel required to organize, schedule and deploy the resources for an event to take place. Service Logistics -The acquisition, Scheduling, and management of the facilities personnel and material to support and sustain a service operation or business. Logistics Management Logistics management is a process of planning, executing, and controlling the efficient, effective, flow and storage of goods and services, and related information from point of origin to point of consumption for the purpose of conforming to customer requirement. Objectives of Logistics Management To make available the right quantity of right quality products at the right place and time in right condition. To offer best service to consumers. To reduce the cost of operations. To maintain transparency in operations. Functions of Logistics Products are ordered, billed/invoiced, handled, packaged, packed, wrapped, bundled, sorted, crated, and braced. Products are assembled and stored, warehoused, loaded, unloaded, shelved, displayed and crossdocked. Products are shipped by air, railways, waterways, pipelines, and containers. Products are exported, imported, documented marked and consolidated. Products are traced, tracked, recycled and disposed. Logistics customers service standards are set(time, availability, errors etc) Other Functions Breaking Bulks Accumulating Bulk Creating Assortments Transaction Efficiency Credit Facilities Risk Taking.