Logistic Essay

3605 WordsOct 27, 201415 Pages
1.0 Introduction Logistics management is a supply chain management component that is used to meet customer demands through the planning, control and implementation of the effective movement and storage of relate information, goods and services from origin to destination. Logistics management helps companies reduce expenses and enhance customer service. The logistics management process begins with raw material accumulation to the final stage of delivering goods to the destination. Logistics management activities typically include inbound and outbound transportation management, fleet management, warehousing, materials handling, order fulfillment, logistics network design, inventory management, supply or demand planning, and management of third party logistics services providers. By adhering to customer needs and industry standards, logistics management facilitates process strategy, planning and implementation. Inbound logistic refers to the transport, storage and delivery of goods coming into a business. Outbound logistics refer to the same for goods doing out of a business. Inbound and outbound logistics combine within the field of supply chain management, as managers seek to maximize the reliability and efficiency of distribution networks while minimizing transport and storage costs. Understanding the differences and correlation between inbound and outbound logistics can provide insight for developing a comprehensive supply-chain management strategy. Warehouse is a storage structure constructed for the protection of the quality and quantity of the stored produce. The need for a warehouse arises due to the time gap between production and consumption of products. Warehousing or storage refers to the holding and preservation of goods until they are dispatched to the consumers. By bridging this gap, storage creates time utility. There is a need for storing the goods

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