The Supply Chain and Logistics Management Council defined Logistics as, “The process of moving and storing materials, products, or service providers from the point of origin to the point of consumption”.
In today’s highly competitive market, offering the right product for the right price is just not enough anymore if you want to retain your customer. Instead, offering the right product, at right price, at the right time is a must to compete with the existing players in the market. This is where the concept of logistics management plays the major role.
The main theme of logistics management includes factors such as: transportation, freight and inventory management, material handling, order fulfillment and more!
What are the benefits of an effective logistics management?
* Increase business revenue or ROI
* Reduce overall transportation costs, storage costs etc.
* Improve customer service and customer retention ratio
* Improve operational costs
What are the main fields within logistics?
Procurement Logistics: This process is intended to select suppliers and negotiate contracts for delivery of goods or services. It consists of activities such as market research, requirements planning, make or buy decisions, supplier management, ordering, and order controlling.
Production Logistics: Production logistics activities are related to streamlining and controlling the flow through the supply chain from point of entry to the end. This also includes activities such as organizational concepts, layout planning, production planning, and control.
Distribution Logistics: Distribution Logistics deals with the delivery of finished products to the customer. It consists of order processing, warehousing, and transportation.
Disposal Logistics: The primary function of this field is to reduce logistics cost, enhance service, and save natural resources.
The real power of logistics and supply chain management surrounds us every day whilst you’re engaged in your business. It’s only when things go wrong, and the shelves are empty, we consider the importance of logistics.
To reach your customers with the right product, at right price, at the right time you need Logistics Professionals as part of your team and you need to recruit the best.
For more details, visit http://www.bis-henderson.com/
In today’s highly competitive market, offering the right product for the right price is just not enough anymore if you want to retain your customer. Instead, offering the right product, at right price, at the right time is a must to compete with the existing players in the market. This is where the concept of logistics management plays the major role.
The main theme of logistics management includes factors such as: transportation, freight and inventory management, material handling, order fulfillment and more!
What are the benefits of an effective logistics management?
* Increase business revenue or ROI
* Reduce overall transportation costs, storage costs etc.
* Improve customer service and customer retention ratio
* Improve operational costs
What are the main fields within logistics?
Procurement Logistics: This process is intended to select suppliers and negotiate contracts for delivery of goods or services. It consists of activities such as market research, requirements planning, make or buy decisions, supplier management, ordering, and order controlling.
Production Logistics: Production logistics activities are related to streamlining and controlling the flow through the supply chain from point of entry to the end. This also includes activities such as organizational concepts, layout planning, production planning, and control.
Distribution Logistics: Distribution Logistics deals with the delivery of finished products to the customer. It consists of order processing, warehousing, and transportation.
Disposal Logistics: The primary function of this field is to reduce logistics cost, enhance service, and save natural resources.
The real power of logistics and supply chain management surrounds us every day whilst you’re engaged in your business. It’s only when things go wrong, and the shelves are empty, we consider the importance of logistics.
To reach your customers with the right product, at right price, at the right time you need Logistics Professionals as part of your team and you need to recruit the best.
For more details, visit http://www.bis-henderson.com/
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