Logistics Industry : Information, Transportation, Inventory, Warehousing, Storage, And Storage Goods

Review of related literature gives a basis for any research. Unfortunately, there are not much studies conducted in this field of Logistics Management. Following are the available related studies undergone in the area of Logistics Management.

Logistics manager: logistics manager is the one who is responsible for the storage and distribution of goods means

Logistics. Managing nonstop supply of right items, at perfect time from various elements is the test of overseeing supply chain. Information innovation apparatuses has helped retailers in enormously lessening process durations and achieving effectiveness.

(Ballou 2007, p.338) The definitions of SCM and logistic management put emphasis on coordination, collaboration and relationship building among channel members that are missing from logistics management. Ballou (2007, p.340-341) also explained that logistics is now being viewed as a subset of SCM. The scope of logistics is being limited to the boundaries of the function within a firm and is primarily concerned with activity administration. Interfunctional and interorganizational management seem to be within the purview of SCM rather than logistics. Logistics as an identifying name supersedes physical distribution. At the most basic level, logistics management is concerned with the effective movement and storage of product, approximating the traditional economic utilities associated with creating value through time and place transformation (Chase, Jacobs, Aquilano 2006). In 2007, CSCMP offered the following definition Logistics management is that part of Supply Chain Management that plans, implements, and controls the efficient, effective forward and reverse flow and storage of goods, services, and related information between the point of consumption in order to meet customer requirements. Logistics, therefore, involves managing facilities, transportation, inventory, materials, order fulfillment, communications, third party providers and information within the firm in a way that contributes to customer

Design for logistics is a series of concepts in the field of supply chain management involving product and design approaches that help to control logistics costs and increase customer service levels. The concepts include the three key components, Economic packaging and transportation, Concurrent and parallel processing, and Standardization.

Logistics encompasses all the activities between the point of origin and the point of consumption, involved in the forward and reverse flow and storage of goods, services
and related information.

Logistics and supply chain management is the process of making sure materials are collected, tuned into products and then distributed so that they can reach the user. Logistics is the full process of the gap between the materials being raw and collected to the delivery of the finished product in the users hands. “As such logistics includes;

Logistics functions about the moving materials or goods from one place to another place the following area of logistics management contribute to integrated approach to logistics within supply chain management.

Let’s first have a look at the notion of logistics and then relate it with the operations management of a courier service such as UPS. Logistics is the deemed as the actionable process of transporting and temporarily storing different supplies. The category to which a company can efficiently and effectively do these mentioned duties can differentiate its overall place in itsrelative industry. These mentioned tasks related to transfer procedures are often a subset of the greatersystem of supply-chain-management.This system tends to track items and information among various categories of

Logistics is considered as an operational process which includes activities such as storing, transporting and distribution of physical goods. E- Commerce has made a big change in logistics and distribution processes. Due to introduction of online purchases, way of handling materials have also been changed. Online retail industry is being expanded year to year. According to Goldman Sachs, Online Sales will reach $750B mark by 2016 with annual growth rate of 20%.

Logistics management is part of supply chain management, which deals with organizing, executing and directing efficiency in the movement of goods in and out of the manufacturer’s warehouse. On the other hand, a supply chain entails the sequence of all the modalities employed in the production and distribution of goods; it consists of parties involved either directly or indirectly towards the satisfaction of the customer.

Inventory and packaging are a very important in the process of logistics. Inventory is a detailed list, record or report of things in a company possession, especially in the periodic survey of all goods and materials in stock. Packaging can be described as a coordinated system of preparing goods to transport, warehousing, logistics, sale and end use.

In simple words logistics Means "Movement" It is concerned with getting goods and Services where they are required when they are required. Logistics involves the integration of information, transportation, inventory, warehousing, material handling, and packaging and so on. When inventory is correctly positioned to facilitate sales, logistics adds value to the product. It is mainly concerned with optimizing flows within the organization. It is essentially planning orientation and framework that seeks to create a single plan for the flow of product and information through the business.

Logistics information system is an important information system in a firm, it will affect company’s logistics decision making. It provide reliable and safe delivery and reducing transporting cost. There are several software company which provide logistics information system. They are Nippon Express NEC Logistics Hong Kong Limited, Sakata Warehouse,Inc., Retalix.

Logistics has played important role in the business competition and is one of important factors in the production cost increase. World