Claras College Of Commerce

Academic year : 2015-16

Name: Karan .D. Singh

Roll No: 60
The Program: B.M.S
Class: T.Y.B.M.S
Semester: Semester V
Name Of The Course: Logistics And Supply Chain
Management
Name Of The Faculty: Prof. Faizal Tanwar

CERTIFICATE

This is to certify that the project report titled LOGISTICS

AND SUPPLY CHAIN MANAGEMENT is prepared by Mr.
Karan Singh, Student of the Bachelor of Management Studies
(BMS) Degree, University of Mumbai conducted by our
college
Important sources used in this have been duly
acknowledged in this report. The project report is submitted in
partial fulfillment of the Bachelor of Management Studies
(BMS) Degree, curriculum as per the rules of the University of
Mumbai.

(Dr Mamta Rajani)

BMS co-ordinator

(Dr Zahida Shaikh)

principal

INDEX

SR.
NO

TOPIC

INTRODUCTION TO LOGISTICS AND

SUPPLY CHAIN MANAGEMENT

IMPORTANCE OF LOGISTICS AND

SUPPLY CHAIN MANAGEMENT

OBJECTIVES OF SUPPLY CHAIN

MANAGEMENT

LOGISTICS V/S SUPPLY CHAIN

MANAGEMENT

BIBLIOGRAPHY

SIGN

INTRODUCTION TO LOGISTICS
AND SUPPLY CHAIN MANAGEMENT

LOGISTICS
Getting the product & services where they are
needed & when they are needed.
It involves the integration of information,
transportation, inventory, warehousing, material
handling, packing etc.

Supply chain management

All organisations move materials.
Manufacturers build factories that collect raw
materials from suppliers and deliver finished goods
to customers; retail shops have regular

deliveries from wholesalers; a television news

service collects reports from around the world and
delivers them to viewers; most of us live in towns
and cities and eat food brought in from the
country; when you order a book or DVD from a
website, a courier delivers it to your door. Every
time you buy, rent, lease, hire or borrow anything
at all, someone has to make sure that all the parts
are brought together and delivered to your door.
Logistics is the function that is responsible for this
movement. It is responsible for the transport and
storage of materials on their journey between
suppliers and customers.

IMPORTANCE OF LOGISTICS AND

SUPPLY CHAIN MANAGEMENT
Even as companies have learnt to squeeze
efficiencies out of their manufacturing plants
through concepts like just in time replenishment,
statistical process control, and lean manufacturing
practices, they still find that moving goods and
services through several layers of their global
supply chains is time consuming and costly.
Logistics and supply chain management has
become one of the last frontiers that still remain to
be conquered by most businesses in the twenty
first century. Yet this cannot be done
unless all managers and supervisors, irrespective
of their functional orientation and current job
responsibilities, fundamentally understand their
supply chains and how their effective functioning
flows right down to the bottom line.
Since today it is not uncommon to see
companies develop a product in one country,
manufacture it in another, and sell it to a third
country, the complexities associated with global

trade must be accounted for in designing and

managing supply chain. In addition, new products
could be introduced in several countries almost
simultaneously, and suppliers with special
expertise and technology could collaborate with
manufacturers in different countries to create
global products. As the world moves toward an
international economy, the battle cry for
corporations is increasingly becoming one of
global operations and supply chain management.
While globalization promises enormous strategic
benefits by coordinating operations located in
different countries, it is imperative for managers to
develop a perspective that can fully understand
and exploit the intricacies of the global
marketplace. Managing manufacturing and service
operations across cultural, economic, and political
boundaries is a formidable challenge, because of
which many globalization efforts are falling far
short of their promise.

OBJECTIVES OF SUPPLY CHAIN

MANAGEMENT
Supply Chain Mangement is consists of all parties
(Including Manufacturer, Marketer, Suppliers, transporters,
Warehouses, Retailers and even customers) directly or
indirectly involved in fullfilment of a customer. The main
objectives of Supply chain management are to improve
the overall organization performance and customer
satisfaction by improving product or service delivery to
consumer.
Supply Chain Management involves Movement and
Storage of all materials including Raw Material, WIP (Work
in Progress) and Finished Goods.
The below said are the various objectives of Supply Chain
Management which are also applicable for International
Logistics and Supply Chain management.
1. To maximize overall value generated
2. To look for Sources of Revenue and Cost
3. Replenishment of the Material or Product whenever
required
4. Cost Quality Improvement
5. Shortening time to Order
6. Faster Speed to Market

7. To achieve world class performance

Logistics Management vs. Supply

Chain Management
There seems to be some confusion about the
meaning of Supply Chain Management and
Logistics Management. Some people use both
terms interchangeably to refer to the same activity,
while others know there is a difference, but cant
quite explain it.
There are many definitions for both terms,
depending on which source you listen to. In North
America, Logistics is often associated with
transportation or distribution only. In Europe,
Logistics involves the entire supply chain. For those
who look for clarification on this topic, here is one
explanation of the difference between the two
terms that we at Logistics Advice stand behind.
Logistics Management is the management of the
flow of goods, information and other resources,
including energy and people, between the point of
origin and the point of consumption in order to
meet the requirements of consumers at the lowest
cost possible.
Supply chain management involves coordinating
and integrating Logistics Management within and
among companies.
Our view on these definitions is that Logistics
Management involves the entire supply chain but

is often practiced at a local level where Supply

Chain Management specifically focuses on
optimizing the flow of goods throughout the entire
chain.

BIBLIOGRAPHY

http://www.logisticsadvice.com/company.h
tml
www.usanfranonline.com Resources Supply
Chain Management

http://www.uh.edu/~lcr3600/simulation/logistics.h
tml