Logistics ManagementLogistics Management
Logistics management is the part of the supply chain process that plans, implements, and
controls the efficient, effective flow and storage of goods, services, and related information
from the point of origin to the point of consumption to meet customer requirements.
Logistics management generally consists of processes for inbound and outbound logistics traffic. Inbound logistics is the process of moving goods from suppliers into a warehouse, then into a production facility to make products. Inbound logistics can include raw materials, tools, component parts, office equipment and supplies. Outbound logistics is the process of moving finished products out of warehouse inventory and shipping them to customers.
Logistics management may be defined as follows:
According to the Council of Logistics Management, logistics can be defined as “that part of
supply chain process that plans, implements and controls the efficient, effective flow and
storage of goods, services and related information from the point of origin to the point of
consumption”.
Logistics Management is an all-inclusive term that encompasses both planning and
execution of four key aspects of logistics, i.e. transportation, distribution, warehousing and
purchasing. Another pertinent factor that logistics management takes into account is the
flow of goods in forward and reverse order.
Logistics management consists of the process of planning, implementing and controlling
the efficient flow of raw-materials, work-in-progress and finished goods and related
information- from point of origin to point of consumption; with a view to providing
satisfaction to the customer.
Typically, a logistics management system includes inbound and outbound transportation management, warehouse management, fleet management, order processing, inventory control, supply and demand forecasting, and management of third-party logistics service providers
- Supply Management and Logistics.
- Distribution and Material Movement.
- Production Logistics and Management.
- Reverse Logistics and Product Return.
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Types of Logistics
- Logistics Fields.
- Procurement Logistics: Procuring Raw Materials and Parts.
- Production Logistics: Materials Management, Distribution in Factories, Product Management, Shipping.
- Sales Logistics: Delivery from Warehouse to Wholesalers, Retailers, and Consumers.
