GLOBAL LOGISTIC
GLOBAL LOGISTIC
MANAGEMENT
MANAGEMENT
New Direction in Supply Chain
Management
Course Outline
Course Outline
Lecture 1: Logistics role in the economy
and organization
Lecture 2: Financial impact of inventory
Lecture 3: Inventory management
Lecture 4: Customer service and
transportation
Lecture 5: Decision strategies in
transportation
Lecture 6: Warehousing
Course Outline
Course Outline
Lecture 7: Global logistics
Lecture 8: Global logistic strategies
Lecture 9: Organizing for effective
logistics
Lecture 10: Financial control of global
logistics performance
Lecture 11: Measuring and selling the
value of global logistics
Lecture 12: The strategic global logistic
plan
Lecture 1: Logistics role in the
Lecture 1: Logistics role in the
economy and organization
economy and organization
A supply chain is the series of activities
and organisations that materials-both
tangible and intangible- move through on
their journeys from initial suppliers to
final customers
Logistics is the function responsible for
moving material through their supply
chain.
Other names of logistics
Other names of logistics
Logistics can be called as following names:
◦ Business logistics
◦
Channel management
◦
Distribution
◦ Industrial logistics
◦
Logistical management
◦
Materials management
◦ Physical distribution
◦
Quick-response system
◦ Supply chain management
◦
Supply management
Why is Logistics important ?
Why is Logistics important ?
Logistics plays a key role in the economy
in two significant ways:
First, logistics is one of the major
expenditures for businesses
Second, logistics supports the movement
and flow of many economic transactions; it
is an important activity in facilitating the
sale of virtually all goods and services.
Cost factor in Logistic
Cost factor in Logistic
Cost of raw material
Operational cost
Production cost
Cost of transportation
Cost of warehousing
Marketing cost
Administrative cost
Logistics support economic activities
Logistics support economic activities
Purchasing activities
Storing activities
Transportation
Production
Marketing activities
Sales activities
Administration activities
Cooperation activities
Logistic Activity
Logistic Activity
Logistics activities include:
transportation
warehousing,
material handling
protective packaging,
inventory control
order processing
marketing, forecasting,
customer service
Five rights of Logistics
Five rights of Logistics
Right Items which are needed for
consumption or production
Right Place
Right Time
Right Condition
Right Cost
What is global logistics ?
What is global logistics ?
Global logistics means logistic activities
occur across boundary of one nation
Supply Chain Management
Supply Chain Management
The design and management of
seamless, value-added processes
across
organizational boundaries to meet the
real needs of the end customer.
The
development and integration
of
people and technological resources are
critical to successful supply chain
integration.
Supply chain model
Supply chain model
Input Processing Output
Critical Flows in SCM
Critical Flows in SCM
Critical flows in SCM include:
Material
Service
Information
Cash