Supply Chain and Logistics play a vital role in India’s growing economy. With increasing global trade, rising e-commerce, and expansion of manufacturing, the need for strong supply chain systems is greater than ever. Efficient logistics and supply chains help reduce costs, improve customer satisfaction, and support national growth.
Undergraduate students must understand the basics of supply chain and logistics. It helps them develop a practical view of how goods and services move from source to customer. This knowledge is useful in business, trade, retail, and manufacturing sectors. It also builds a base for advanced study and careers in operations and logistics.
Considering this, the present book titled “FUNDAMENTALS OF LOGISTICS & SUPPLY CHAIN MANAGEMENT” is written for the 3rd Semester, B.Com., students of Bengaluru North University. It covers key topics such as supply chain, logistics, inventory control, procurement, transportation, warehousing, global supply chain, and technologies used in SCM.
Simple and clear language has been used throughout. Each chapter ends with graded questions. These help in self-study and improve understanding of the subject.
Contents –
Module 1 INTRODUCTION TO LOGISTICS
Logistics: Meaning, Definition, Features, Objectives and Significance – Components of Logistics – Types of Logistics – Logistics in Global Organizations – Components of 7R – Marketing and Logistics Channel – Logistics Cost – Reduction in Logistics Cost – Benefits of Efficient Logistics – Technology & Logistics – Informatics – Logistics Optimization – Listing of Subsectors of Logistics.
Module 2 INTRODUCTION TO SUPPLY CHAIN MANAGEMENT
SCM: Meaning, Definition & Functions – Types of Supply Chain (lean, agile, responsive, digital & green) – Differences between logistics & supply chain management – Linkage between Logistics & SCM – Stages of Supply Chain – Supply Chain Push and Pull Strategies – Role of Supply Chain Management in achieving organizational goals – Demand forecasting and its impact on supply chain planning – Supply Chain Risk Management – Key issues in supply chain management & Conflict resolution.
Module 3 PROCUREMENT & WAREHOUSE SYSTEM
Procurement: Meaning and Definition – Purchasing and Supply – Difference between Procurement and Purchasing – Sources of Procurement – Procedures for Procurement – Direct and Indirect Procurements – Capital and Operational Expenditure – Invoice Clearance and Payment – Organization structures for Procurement Functions – IT systems in procurement: e-requisitioning, e-catalogue, e-sourcing, e-payment technologies.
Product Packaging.
Ware housing: Meaning & Definition – Types of warehouses – Bonded warehousing – Role of Warehousing in the Supply Chain – Warehouse Management System (WMS) – Warehouse Design and Layout Storage System and Equipment.
Module 4 INVENTORY MANAGEMENT AND DISTRIBUTION
Inventory management: Types of Inventories – Different Costs of Inventory – Inventory Control Techniques – Economic Order Quantity – JIT, ABC analysis, MRP.
Distribution Management: Introduction, Meaning & Definition – Distribution channels – First Mile, Middle Mile and Last Mile Delivery – Mother Hubs, Hub and Spoke – Milk run Delivery – Distribution Network Design – DRP – Reverse and Return Logistics.
Module 5 TRANSPORTATION
Transport Management: Introduction & Meaning – Different Modes of Transportation: Ocean, Air, Rail, Road, Inland Waterways & Pipeline – Multimodal transportation – Fleet Management – Road Transportation Documentation and Regulations – Vehicle Scheduling and Routing – Volumetric Freight Calculations – POD (port of discharge and proof of discharge) and its Importance – Transportation Performance Metrics – Technology in Transportation – GPRS Tracking – Transport Security – Drone for last mile delivery.