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    Components of Logistics Management

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    ferrymanuputty4147
    Logistics management involves planning, implementing, and controlling inputs like natural, human, financial, and information resources as well as suppliers and raw materials to produce outputs like competitive advantage, time and place utility, and efficient movement of finished goods to customers. Key logistics activities include customer service, demand forecasting, inventory management, logistics communications, materials handling, order processing, packaging, parts and service support, plant and warehouse site selection, procurement, reverse logistics, traffic and transportation, and warehousing and storage.

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    Components of Logistics Management

    Uploaded by

    ferrymanuputty4147
    702 views1 page
    Logistics management involves planning, implementing, and controlling inputs like natural, human, financial, and information resources as well as suppliers and raw materials to produce outputs like competitive advantage, time and place utility, and efficient movement of finished goods to customers. Key logistics activities include customer service, demand forecasting, inventory management, logistics communications, materials handling, order processing, packaging, parts and service support, plant and warehouse site selection, procurement, reverse logistics, traffic and transportation, and warehousing and storage.

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    Logistics

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    Logistics management involves planning, implementing, and controlling inputs like natural, human, financial, and information resources as well as suppliers and raw materials to produce outputs like competitive advantage, time and place utility, and efficient movement of finished goods to customers. Key logistics activities include customer service, demand forecasting, inventory management, logistics communications, materials handling, order processing, packaging, parts and service support, plant and warehouse site selection, procurement, reverse logistics, traffic and transportation, and warehousing and storage.

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    702 views1 page

    Components of Logistics Management

    Uploaded by

    ferrymanuputty4147
    Logistics management involves planning, implementing, and controlling inputs like natural, human, financial, and information resources as well as suppliers and raw materials to produce outputs like competitive advantage, time and place utility, and efficient movement of finished goods to customers. Key logistics activities include customer service, demand forecasting, inventory management, logistics communications, materials handling, order processing, packaging, parts and service support, plant and warehouse site selection, procurement, reverse logistics, traffic and transportation, and warehousing and storage.

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    Components of Logistics Management

    Management Actions

    Inputs into
    Logistics

    Outputs of
    Logistics

    Planning Implementation Control

    Natural
    Resources

    Competitive
    Advantage

    Human
    Resources

    Logistics Management
    Suppliers

    Finansial
    Resources

    Raw
    materials

    In-process
    inventory

    Finished
    goods

    Customers

    Information
    Resources

    Logistics Activities
    1. Customer Service

    8. Parts & Service Support

    2. Demand Forecasting

    9. Plant & Warehouse Site Selection

    3. Inventory Management
    4. Logistics Communications
    5. Materials Handling

    10. Procurement
    11. Reverse Logistics

    6. Order Processing

    12. Traffic & Transportation

    7. Packaging

    13. Warehousing &


    Storage

    Stock, J.R. & Lambert, D.M. (2001). Strategic Logistics Management 4th ed. Singapore. McGraw-Hill.

    Time & Place


    Utility
    Efficient
    Movement to
    Customer
    Proprietary
    Asset

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