Supply Chain Management has become an essential aspect of business today. It comprises the application of the total systems approach to managing the entire flow of information, materials and services from the raw material suppliers through production and distribution centres to the end customers. It includes all the processes that add value to material and bring the final product to the customers.
Logistics is concerned with getting products and services where they are needed and when they are desired. It involves the integration of information, transportation, inventory, warehousing, materials handling and packaging.
Logistics Management is that part of Supply Chain Management that plans, implements and controls the efficient and effective forward and reverse flow and storage of goods, services and related information between the point of origin and the point of consumption in order to meet customer requirements.
Logistics and Supply Chain Management are closely related aspects which have been integrated and developed as a proven business strategy to meet the increasing customer demands for quality, delivery and speed. Logistics and Supply Chain Management are necessary cornerstones of competitive strategy, increased market share and shareholder value for most organisations in the 21st century.
The present era is the era of “supply chain competition”. There is a need to create “value delivery systems” that are more responsive to fast changing markets. The entire supply chain i.e., the value delivery systems must be focused on the achievement of the needed objectives and goals to compete successfully.
This book is organized into four modules, each module consisting of four units, thereby having 16 units (or chapters) in total. It covers the syllabus of BMS degree program of University of Mumbai. However, this book is useful for students of graduate or post-graduate degree or diploma in Business Management or Logistics and Supply Chain Management of any other Indian University as well.
Contents –
MODULE 1 : OVERVIEW OF LOGISTICS AND SUPPLY CHAIN MANAGEMENT
Unit 1 : Introduction to Logistics Management
Unit 2 : Introduction to Supply Chain Management
Unit 3 : Customer Service: Key Elements of Logistics
Unit 4 : Demand Forecasting
MODULE 2 : ELEMENTS OF LOGISTICS MIX
Unit 5 : Transportation
Unit 6 : Warehousing
Unit 7 : Materials Handling
Unit 8 : Packaging
MODULE 3 : INVENTORY MANAGEMENT, LOGISTICS COSTING, PERFORMANCE MEASUREMENT AND LOGISTICAL NETWORK ANALYSIS
Unit 9 : Inventory Management
Unit 10 : Logistics Costing
Unit 11 : Logistics Performance Measurement
Unit 12 : Logistical Network Analysis
MODULE 4 : RECENT TRENDS IN LOGISTICS AND SUPPLY CHAIN MANAGEMENT
Unit 13 : Information Technology in Logistics
Unit 14 : Modern Logistics Infrastructure
Unit 15 : Logistics Outsourcing
Unit 16 : Logistics in Global Environment
CASE STUDIES
