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LOGISTICS

FRAMEWORK –
MEANING, SCOPE
AND OBJECTIVES

PRESENTED BY:
ANURUPA GANGULY
MEANING:
Manages, Optimises and Coordinates logistics activities and integrates
with functions of sales and marketing, manufacturing, finance and IT.

PRINCIPLES:
1. Right Cost
2. Right Condition
3. Right Customer
4. Right Place
5. Right Product
6. Right Quality
7. Right Time
COMPONENTS

1. Demand Planning (how order


will be fulfilled)
2. Storage and Materials (How
much surplus should be there)
3. Inventory Management
4. Transportation Management
5. Control
OBJECTIVES OF LOGISTICS
FRAMEWORK
1. Improve supply chain efficiency
2. Inventory management
3. Fulfill customer requirements
4. Mitigate product damage
5. Reduce operational costs
6. Quick response
7. Optimise delivery performance
8. Efficient flow of information
9. Quality Assurance
10. Reduce carbon footprint
SCOPE OF LOGISTICS FRAMEWORK
1. Increase in number of retail and FMCG enterprises
2. Digitization
3. Studied now as New Age Careers
4. Greater avenues of outsourcing
5. Changing consumer preferences
6. Rise of E-commerce industry
MEASUREMENT OF LOGISTICS
FRAMEWORK
1. Availability
2. Operational Performance
3. Service Reliability

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