Uploaded on Feb 11, 2023
Advance your career in supply chain management through comprehensive education. Gain knowledge of the most current methods and tactics to streamline operations, cut expenses, and drive success for your company.
Deciphering the strategic role of Logistics in Supply Chain Management
Deciphering the strategic role of
Logistics in Supply Chain
Management
By-prestige
Introduction
MBA Logistics and supply chain
management support customer needs and
improve the buying experience. Logistics
provides direct feedback on customer
demand, and the supply chain analyzes
customer wants and plans production levels
accordingly. Reliable and cost-effective
logistics pave the way for the efficient
supply chain management.
Understanding the
difference between
Logistics and Supply Chain
Businesses see logistics as a critical
blueprint of the supply chain and use it
to manage, coordinate, and monitor
resources needed to move products in a
timely, cost-effective, and reliable
manner. Logistics aligns the complex
pattern of transportation, import and
export operations.
Processing the order
An effective order processing system is
the essential requirement for any
delivery processing or transportation
activities that eventually follow a kick-
start if the order processing system is
fast and effective.
Managing the
inventory
Inventory refers to the warehouse’s stock
of all finished goods. It is another vital
logistics function, meaning data-driven
planning needs to be carefully planned and
stocked. In addition, companies use
inventory management software and
formulas to anticipate demand.
Material handling
This implies storing, securing, and
transferring goods throughout the
manufacturing, distribution, and delivery
processes. Logistics companies must
store and protect the materials
throughout production, warehousing,
and distribution.
Managing the warehouse
An extension of various inventory activities; at this level,
all the handling, packaging, and shipping are taken care
of. It is similar to inventory in that both require
sophisticated tools and technologies that result in
reduced costs and increased productivity.
Thank You
Prestige University
Survey no. 203, Ringnodiya
Indore, Madhya Pradesh, 453551
India
7869957481
[email protected]
prestigeuniversity
Comments