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Introduction to Logistics

Introduction to Logistics
hello students welcome to the lecture on

introduction

to logic and after this lecture we will be able to learn the following objectives describe the concept of logistic understand the objectives of logistic define the logistic activities explain the single windows system define the transportation explain the warehousing management let us first know the meaning of logistic logistic is concerned with getting the products and services where they are needed and when they are desired it is difficult to accomplish any marketing or manufacturing with our logistical support mission or logistic is providing a means by which customer satisfaction is achieved concept of logistic has moved into business to move large and supply inputs and outputs meaning of logistic the operating responsibility of logistic is a geographical repositioning of raw materials work-in-process and finish inventories we required at the lowest cost possible the concept of logistic involves the integration of information transportation inventory warehousing material handling and packaging form a definition of logistic are of moving lodging and supplying troops supplies and equipment is logistic the formal definition of the word logistic as per the perception of Council of logistic management is a process of planning implementing and controlling the efficient effective flow and storage of goods services and related information from the point of origin to the point of consumption for the purpose of conforming the...
introduction to logistics
customers requirement logistic is practice for ages since organized activity began different

logistics

committed everything everyone is involved in

logistics

whether they know it or not the roommate you're sitting in right now definition of logistic function logistic function is concerned with taking products and services where they are needed and when they are needed logistic is a process of strategically managing the procurement movement and storage of materials parts and finish inventory to the organization and its marketing channels according to council of logistic management logistic is a process of planning implementing and controlling the efficient effective flow and storage of goods services and related information from point of origin to the point of consumption for the purpose of confirming the customer requirement information logistic information logistic aisle as a section of information management these with the flow of information within an organizational unit or between any numbers of organization that in turn form a value creating Network logistical management includes the design and administration of system to controls the flow of material work in process and finish inventory to support business unit strategy logistic 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 inceptive logistic is as follows logistic...
introduction to logistics
equal to inbound logistic plus material management plus physical distribution logistic is equal to Inbar logistic plus material management plus physical distribution logistic 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 corporation important phases of logistic movements management are material management the materials management is a timely movement of raw materials parts and supplies physical distribution the physical distribution is the movement of the firm's finished for dogs to the customers supply chain management is somewhat larger than logistic and it links logistic more directly within the users total communication network and with the film engineering staff it includes manufacturer and supplies with also transporter warehouses retailers and customers themselves goal of logistic logistic is a 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 corporation let's talk about some objectives of logistic operating objectives in terms of logistical system design administration each form is simultaneously achieved at least six different personal objectives these operational objectives which are the primary determinants of logistical performance rapid response rapid response is concerned with a firm's ability to satisfy customer surface...
introduction to logistics
requirements in a timely manner information technology has increased the capability to postpone logistical operation to the latest possible time and then accomplish rapid delivery of required inventory minimum variance variance is any unexpected even that disrupts system performance Varun's may result from any expect of logistical operation potential reduction of varies relates to both internal and external operation operating areas of a logistical system are subject to potential variants operating areas of a logistical system are subject to potential variants the traditional solution to accommodating variants was to establish safety stock inventory or use high cost premium transportation minimum inventory the objective is to reduce inventory deployment to the lowest level consistent with customer service goals to achieve the lowest overall total logistic costs to achieve the objective of minimum inventory the logistical system design must control commitment and turn velocity for the entire firm not merely for each business location inventories can provide improved return on investment when they result in economies of scale in manufacturing or procurement the objective is to reduce and manage inventory to the lowest possible level while simultaneously achieving desired operating objectives movement consolidation transportation cost is directly related to the type of product size of shipment and distance many logistical systems that feature premium service depend on...
high-speed small shipment transportation as a general rule the larger the overall shipment and the longer the distance it is transported the lower the transportation costs per unit this requires innovative programs to grip small shipments for consolidated movement such program must be facilitated by working arrangement that transcend the overall supply chain Premium transportation is typically high-cost to reduce transportation cost it is desirable to achieve movement consolidation quality improvement total quality management TQM has become a major commitment to are all facets of Industry logistic is a prime part of developing and maintaining continuous TQM improvement lifecycle support the final logistical design objective is life cycle support few items are sold without some guarantee that the product will perform as advertised over a specific period life cycle support in modern terms means cradle to cradle logistical support the elements of logistic systems are transportation warehousing inventory management packing and utilization and information and communication

logistics

system are made up of three main activities or the processing inventory management and freight transportation order processing or the processing is strictly related to information flows in the

logistics

system and includes a number of operation or the processing includes receiving the order recording the order filling the order and assembling all such orders for transportation etc inventory management...
inventory management is a key issue in

logistics

system planning and operation inventories are stockpiles of goods waiting to be manufactured transported also they aim of inventory management to determine stock levels in order to minimize total operating costs while satisfying customer service requirements in practice a good inventory management policy should take into account five issues the relative importance of customers the economic significance on the different products transportation policies production process flexibility and competitors policies Fred a transportation Fred transportation plays a key role in today's economies as it allows production and consumption to take place at location that has several hundreds or thousands of kilometers away from each other development of logistic logistic cars became a more critical issue for many organization because of globalization of industry this is affected logistic in two primary ways first the growth of world class competitors from other nation has caused organization to look for new way to differentiate the organization and product offerings second as organization increasingly buy and sell offshore the supply chain between the organization becomes longer more costly and more complex the role of logistic in the economy logistic play a key role in the economy in two significant ways first logistic is of the major expenditure for business logistic expenditure accounts for around fifteen to twenty percent of GDP...
logistic and competitive performance it is a process of planning implementing and controlling the efficient effective flow and storage of goods services are related information from point of origin to point of consumption for the purpose of conforming the customers requirement primary activities in Balaji stick activities associated with receiving soaring and disseminating input to the product operation activity associated with transforming input into the final product form are gone logistic activity associated with collecting storing and physical distribution or the product to buyers at this point why don't you take a look at this video which gives you a quite overview of logistic you can maximize the benefits to you business from fully utilizing

logistics

management educates staff throughout your business all students in your business class about supply chains and

logistics

the job roles listed on your screen indicate the range of people who can benefit from learning about

logistics

your screen shows three flows they influence the success of your business in its markets and against domestic and international competitors improve flows unable a more successful business and increase profitability examples of processes to improve flows in your business are time from order receipt until delivery inventory availability accounts receivable and messaging using social media

logistics

is the management of flows shown on your screen these flows consist of materials products and...
services called items together with each items associated flows of money and information in addition to internal flows they also occur between your immediate suppliers your business and immediate customers effective

logistics

links and manages flows so

logistics

is what we do in a business

logistics

is more than words written on the side of many trucks trucks and transport are only part of

logistics

the objective of

logistics

is to provide availability of items if correct item is not available for customers in the time frame required efforts of design operations and sales are worthless successful

logistics

therefore requires involvement with many functions a supply chain describes flows between source suppliers and end-users this is extended supply chain that shown on your screen the journey commences as materials at the farm or mine called source suppliers materials move through converters and fabricators to your business then your items movers finish products to customers finally they move to customers customers this could be you the consumer a supply chain is the links within and between organizations to provide added value for end-users and lowest total costs for suppliers it is unlikely that your business will have relationships through all links of an extended supply chain supply chains is the term used to describe all flows of items their money and information into through and out of your business the diagram shown on your screen is therefore repeated many times this...
makes for a complex network of nodes and links supply network of your business is highlighted on your screen it reflects your immediate business relationships it is contained within your core supply chains your supply network is between Tier one suppliers and Tier one customers plus your contracted

logistics

service providers called LS please your screen identifies three types of LSP success for your supply network is achieved through collaboration at each critical node and link collaboration in your supply network requires cooperation and coordination cooperation is people working together across functions and businesses coordination is people accessing sharing and acting on trusted information that is using one version of the truth to achieve collaboration requires performance measures to be aligned with this objective remember we behave how we are measured the extent of collaboration can be affected by business factors in your supply network these relate to using power and dependency and experiencing uncertainty and risk uncertainty can be reduced in your supply network through coordination of information as noted on your screen implementing global standards allows data to be effectively gathered and transmitted by a Dearing to global standards in your supply network higher trust in the base data is achieved the member owned organization global standards one known as gs1 provides global standards it has a membership enrollment structure in your country in summary for your...
supply network to be more effective requires management of flows this is

logistics

logistics

is informed by your supply chains and supply network to improve your supply network work towards collaboration within your business and your supply network the single Window System is a trade facilitation idea as such the implementation of a single Windows system enables international cross-border traders to summit regulatory documents at a single location or single entity a common definition of the term single window is a facility that allows parties involved in trade and transfer to large standardized information and documents with a single entry point to fulfill all import export and transit related regulatory requirements if information is electronic then individual data elements should only be submitted once the concept is recognized as promoted by several worlds organization that are concerned with trade facilitation among these are the United Nations Economic Commission for Europe you and ICI and its Centre for trade facilitation and electronic business UN or CEF ICT old custom organisation WC o si T PR o limited or the United Kingdom and the Association of Southeast Asian Nations a s en transportation is one of the most visible elements of logistic operation the rule of transport naturally is very crucial every business form regardless of what it produces or distribute requires the movement of goods from one point to another and therefore is involved in transportation the...
purpose or function of transportation is to serve as a connecting link between the Sparty le separated units within a firm's own organization such as between plans and warehouses and between units of the firm's and units of other firms and individuals this patil dimension refers to geographical relationship and reflects the combination of firms with respect to their material sources markets and competences there is a subtle relationship of the latter to their sources and markets transportation utility the word utility means usefulness or ability to give satisfaction place utility exists when goods are in a place where they can be consumed there's transportation is an essential part of the total production process that cannot be overlooked transportation in production and marketing in production transportation function is looked after by executives of materials management department or general administration department or general department model characteristic of transportation modes of transportation use in national and international

logistics

and supply chain management can be grouped under five models they are raised highway water pipeline and air warehousing has become an important part of companies

logistics

systems with stores goods at and between the origin and destination points it provides the management with information about the status disposition and condition of inventories these logistic inventories can be categorized into three groups physical...
supply raw materials components and parts physical distribution finished goods goods in process constitute small portion of total inventories warehousing function warehousing plays a critical role in

logistics

system providing the desired customer service levels in combination with other logistic activities these can be categorized on the three basic functions movement material handling the movement on material handling function is represented by four primary activities receiving and put away this activity includes unloading goods from the transportation equipment as well as verifying their count and specification against all the records inspecting them for damage and updating warehouse inventory records finally the physical movements are products to storage areas location for specialized services such as consolidation areas and our bond shipment places are referred to as pass away activities order filling or order picking this is a fundamental movement activity in warehousing and involves identifying and retrieving products storage areas according to customer orders auto-filling also includes accumulating regrouping and packaging the products into customer desired assortment moreover generating parking slips are delivering lists may also take place at this point cross doggie in this process receiving products from one source are occasionally constantly dated with products from other sources with the same destination and immediately sent to customers without moving to...
long-term storage a pure cross docking operation only organizes the transfer of materials from inbound receiving dock to the outbound dog eliminating non value-adding activities such as put away storage and order filling shipping this activity involves physically moving and loading assemble orders on to transportation couriers checking the content and sequence of orders and updating inventory records it may also include sorting and packaging the products for specific customers are bracing and packing the items to prevent them from damaged storage inventory holding information transfer let's now discuss the types of warehouse private warehouse these are the warehouse is owned by the company for the exclusive use of storing the goods manufacture are traded by them for onward selling in the market advantageous better control over storage and movement goods less chance of errors in handling the goods customize design and flexibility in operation cost-effective and economic public warehouses these are the warehouses hired from other agencies for storing the goods for a specific period of time by paying a grid read example central warehousing cooperation CWC advantageous generally located near ports and marketplace and des has fixed periodic operating costs great flexibility location changeover no pollen liability adjustment as per season are possible contract warehouses it is a specialized form of public warehouses managed by third party

logistics

companies for providing total...
warehousing services by paying the agreed charges advantageous great flexibility and location changeover no permanent liability adjustment as per season are possible availability of expert manpower and dedicated resources information monitoring the physical distribution managers continuously need up-to-date information about inventory transportation and warehousing for example in respect on inventory information about present stock position at each location future commitment and replenishment capabilities and constantly required now in the end let us summarize what we have learned in this lecture the logistic process plans implements controls the flow is orage of goods services and related information between the point of origin and the point of consumption to satisfy customer requirements logistic involves the interaction with multiple departments within a company as well as now also across business partner organization and customer or the processing starts with the received of an order from a customer it may be obtained by a salesperson B telephone in arrive by meet logistic play a key role in the economy in two significant way first logistic is of the major expenditure for business or the processing includes receiving the order recording the order filling the order and assembling all such orders for transportation you