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Summary of logistics management
Summary of logistics management
Relationship between the logistics strategy and the corporate strategy
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Subdivisions of logistics administration ⦁ Business Logistics Getting, moving and putting away of R/M and transporting, warehousing and dissemination of F/G. ⦁ Facilitation of pertinent assembling and promoting. Making completed merchandise accessible to the clients in the business sector. Acquiring, moving and putting away of horticultural items. Giving focused edge in wares market ⦁ Event Logistics :- The net work of exercises, offices and staff required to sort out, calendar and convey the assets for an occasion to happen and to proficiently pull back after the occasion ⦁ Service Logistics :- The obtaining, planning and administration of the offices/resources, faculty and materials to bolster and support an administration operation …show more content…
The motivation behind generation logistics is to guarantee that every machine and workstation is being sustained with the right item in the right amount and quality at the right point in time. Creation logistics is getting increasingly vital with the diminishing clump sizes. In numerous commercial ventures (e.g. cell telephone) clump size one is the fleeting point. Thusly even a solitary client interest can be satisfied in a proficient way. Track and following, which is a vital piece of creation logistics - because of item wellbeing and item unwavering quality issues - is additionally picking up significance particularly in the car and the restorative …show more content…
So one can see that the logistics business in India is in Nascent Stage. How ever industry is developing at a quick pace and if India can cut down its logistics cost from 14% to 9% of GDP ,sparing to the tune of USD 50 billion will be acknowledged at the present GDP level, making Indian Goods more aggressive in worldwide business sector. Also, development in the logistics segment would suggest enhanced administration conveyance and clients' fulfillment prompting development of fare of Indian products and potential for formation of openings for work. ⦁ Competition India cargo forwarder face firm rivalry from multinational cargo forwarders for residential and global cargo
AWG is faced with logistical challenges similar to others in the industry. The largest logistical challenge on a daily basis at AWG is their finite timeline between restocking and outgoing shipments to retailers. Any deviation from the schedule due to an extenuating circumstance (labor strike, weather event, ...
Executive Summary India is witnessing a great amount of upward growth in its retail industry making it become the most flourishing sector of the fast growing Indian economy Amin, (2008). The tremendous growth in its economy has come due to plenty factors such as a major change of demographical situation, an increase in the quality and standard of living for the modern and urban citizens of India, frequent change in the buyers behaviour due to change in taste and preferences, rising domestic income among other factors that have contributed toward the notifying change Srivastava, (2008). There is no doubt about it that India is booming in its economy and retailing is definitely a major contributing agent to improve India’s dynamic income
...pital resources like distribution vehicles and storage warehouses should be outsourced to help reduce the high cost of operation which in turn can lead to reduction of its products price. The company should concentrate on product development and evolution and delegate distribution roles to outsourced firms. Such initiatives have worked well in the new Indian market and should be implemented in other areas.
...dition to providing facilities to customers such as giving advices, credit facilities and delivering goods.
Just as in the emerging markets anywhere in the world, distribution networks in India too tend to be unique and disjointed, and this has been highlighted by C.K. Prahlad in his book, ‘The Fortune at the Bottom of the Pyramid’. He says that distribution systems that reach the BoP are critical for developing this market and that innovations in distribution are as critical as products and process
Logistic management encompasses all materials flows management, from the inflow of purchased materials into works (i.e. materials planning of raw materials components and other products, transport of materials from suppliers to works, receiving and inspection and storage of materials) materials flow through manufacturing processes (i.e. materials issues and materials handling) and material (flow to customers (physical distribution (Refer fig.1 for these relationships)
Introduction India is the world’s second most populated country with over 1.2 billion people. Since its independence from British rule in 1947, the country has been more or less a stable democracy. Until 1991, Indian governments imposed economic austerity and its markets were comparatively closed to the world. Economic reforms in 1991 brought about a change which made India an attractive and huge market for multinational corporations from all over the world (Joshi 8). Retail industry within a globalized world is one of the most thriving and profitable sectors.
Even with such pressing requirements, warehousing has seen very little investment in the country. Currently, spending in organized warehousing in India is only 9% of the total logistics spending (its 25% in the US). Logistics costs account for around 6-10% of total retail cost which is higher than the global average of 4-5%. Improvements in the supply chain and logistics can bridge this gap. An integrated supply chain (including the cold supply chain) can save more than ₨ 300 Billion for the country. This along with saving perishable horticulture produce should be an incentive to develop logistics infrastructure in a country like India plagued with inflation and
The Indian retail industry has emerged as one of the most dynamic and fast-paced industries due to the entry of several new players. It accounts for over 10 per cent of the country’s Gross Domestic Product (GDP) and around 8 per cent of the employment. India is the world’s fifth-largest global destination in the retail space.
The transportation & logistics industry is a form of industry that keeps people and products on the move, it includes airlines and airports, shipping companies, logistics service providers and other transportation companies. That’s why it is considered the backbone of modern global supply chains. In a place like the Kingdom of Saudi Arabia that has diverse geography with a dry desert and great temperature extremes and a large area of about 2.1 million square km, a transportation & logistics industry is a necessity. Imagine you need to move from one city to another (of course it will be so hard to cross large areas of empty deserts) you have only two options to transfer from one to another city; the first option is to drive and the second option is to fly and ship your car via a car transport carrier. The harsh climate in Saudi Arabia makes people to prefer using the second option, this cause the market of transport market to enlarge. Albassami International Group is one of the biggest companies established to satisfy those needs. It is considered one of the biggest companies specialized in vehicle transportation in the Middle East. The philosophy of the company is to serve the needs of the clients over the span of thirty two years, throughout which they constantly had an eye to the future by evaluating the most appropriate ways in which to make transporting clients’ vehicles via the best and safest answer. They operate round the clock to serve clients at all times.
In logistic industry, they have been through lots of challenge in worldwide market. As the containerization of the global economy scopes, a phase of development and explanation, ports find themselves inserted in ever changing commercial environment where logistics is the forefront. Thus, this industry reaches a phase of maturity and rationalization due to the process of logistic on land.
The logistics provider not only help companies manage and deliver their products but also provide business advice essential for moving ahead of their competition in the market.
Business logistics refers to a group of related activities all involved in the movement and storage of products and information, from the sources of raw materials through to final consumers and beyond to recycling and disposal. Business logistics is a new term and concept in modern business vocabulary.
The Indian retail industry is the fifth largest in the world. Consisting of organized and unorganized sectors, India retail industry is one of the fastest growing industries in India, especially over the last few years. The retail industry in India was mostly un-organized, however with the change of tastes and preferences of the consumers, the industry is getting more popular these days and getting organized as well. With growing market demand, the industry is expected to grow at a pace of 28-33% annually. The India retail industry is expected to grow from 350 billion rupees in 2009-05 to 1090 billion rupees by the year 2016.
Preceding from this understanding and being a logistics staff officer, my carrier is full of logistics proble...