Most companies focus on outbound logistics as this is a lowhanging fruit. Logistics management is the governance of supply chain functions. Logistics management helps companies reduce expenses and enhance customer service. Lecture notes logistics and supply chain management. Supply chain management encompasses the planning and management of all activities involved in sourcing and procurement, conversion, and all logistics management activities. The supply chain management specialization is made up of four basic courses in logistics, operations, planning, and sourcing, followed by a capstone course in supply chain management strategy. A clear framework guides the reader through the four parts of the book, covering. Effective development and management of supply chain networks helps businesses cut costs and enhance customer value. The supply chain logistics course will cover transportation, warehousing. An attempt has been made to study thewarehousing network strategies and the loading.
It, and other retail giants, are seeing success for these reasons, which is a lesson for smaller companies aiming to grow or improve their operations. Logistics strategy is the science of evaluating the most cost effective methodology of distributing goods to market while achieving service level objectives. Logistics management activities typically include inbound and outbound transportation management, fleet management, warehousing, materials handling, order fulfillment, logistics network design, inventory management, supplydemand planning, and management of third party logistics. Inbound logistics is one of the most overlooked aspects in logistics management. The supply chain changes constantly, which in turn, affects the logistics organization. Strategy formulation begins with defining a corporate strategy. Scmpro india logistics strategy retreat mumbai edition 2020 discusses how transportation and logistics businesses can increase their economic profit.
To give the reader an overview of selected management tools and logistics tools to improve processes, some of them are. The training outline presented within this logistics management professionalization program is focused on the development of the individual. Activities of logistics are categorized into two types and those are as below. This fifth edition of logistics management and strategy continues to take a practical, integrated and international approach to logistics, and includes the very latest research to reflect the innovative and exciting developments in this subject area. First, it must adapt logistics programs to support ongoing. Choosing the right solution requires an overview of the wide range of possible management instruments. This can be reduced by adopting measures such as freight consolidation, transport mode selection, route. The dramatic changes that these corporations are experiencing need not only new materials but also new strategies, ways, and plans. Finally, i researched the strategy for logistics management of taiwan in sea freight after its entry into the wto for. Pdf logistics management and strategy competing through.
The supply chain logistics course will cover transportation, warehousing and inventory, and logistics network design. A leading expert facilitates the peertopeer discussion based sessions with contribution from logistics leaders attending the. A logistics management plan used to be a military thing until it has now become a part of the big business. Thirdly, i conducted a case research study with stress on the history of fiege goth logistics services and its current strategy in logistics management. Role of a routing guide in todays strategic logistics management powered by tms.
Importantly, it also includes coordination and collaboration with channel partners, which can be suppliers, intermediaries, third party service providers, and customers. You need to develop a logistics strategy to ensure high performance of the supply chain a logistics strategy can be defined as a set of guiding principles, attitudes and driving forces that help you coordinate plans, goals and policies between different partners across any supply chain. Logistics management is the function of managing the total flow of materials which. This fourth edition of logistics management and strategy continues to take a practical, integrated and international approach to logistics, and includes the very latest research to reflect the innovative and exciting developments in this subject area. What is the difference between logistics and supply chain.
A concise, applied and strategic introduction to the subject of logistics and supply chain management, perfect for modern managers or students of logistics and supply chain management. Building an effective logistics strategy global trade magazine. According to the apics dictionary, 14th edition, the strategy of an enterprise identifies how a company will function in its environment. Warehousing plays a significant role in the overall logistics management process.
Pdf logistics management and strategy 5th edition competing through the supply chain 5th read full ebook. This paper focuses on back to the basics that are fundamental for warehouses to achieve both efficiency and effectiveness in logistics management process. Supply chain management problems supply chain management scm is the process of planning, implementing, and controlling the operations of the supply chain as efficiently as possible. Objectives of logistics management in scm scm wizard. When establishing an effective logistics strategy, you need to understand to what degree logistics impacts your operations and your customers operations. Procurement and logistics are responsible for getting the right thing including the right specifications, the right quality at the right total cost from the optimal source or sources. To employ logistics as an effective competitive lever and as a significant component of strategy, management must take two actions. The aslp will achieve the goals of that vision by transforming army logistics from a system based predominately on redundancy of mass, to one. On average, companies can potentially save between 20 58% on inbound freight spend. Pdf book supply chain strategy the logistics of supply. It will also be attractive as a management textbook and as recommended reading on mba options in logistics and supply chain management. This third edition of logistics management and strategy continues to take a practical, integrated and international approach to logistics and includes the very latest research to reflect the innovative and exciting developments in this subject area.
A concise, applied and strategic introduction to the subject of logistics and supply chain management, perfect for modern managers and students of logistics and supply chain management. The strategy specifies how to satisfy customers, how to grow the business, how to compete. Download logistics management and strategy 5th edition. Logistics strategy zlogistics strategy consists of all the strategic decisions, policies, plans and culture relating to the management of its supply chains. There is a lot more to logistics than just making tactical decisions about transportation and warehousing.
The aslp will achieve the goals of that vision by transforming army logistics from a system based predominately on redundancy of. Pdf logistics management and strategy competing through the. Some shippers may feel a routing guide lacks a place in modern shipping practices. Supply chain is the implementation of the procurement strategy. Logistics management is defined as a process of management which joins the movement of products, services, data and capital from the stage of raw materials to the consumer end product. It helps you increase the supply chain performance while improving supply chain management on a whole. Policy makers are interested in logistics performance indicators primarily because of the potential for improved transport services to promote economic development.
The other objectives of logistics management should be consistency in delivery performance. Logistics management and strategy logistics management. The key to developing a successful logistics strategy is how it is to be implemented across the organization. Title logistics engineering and management edition sixth publisher pearsonprentice hall isbn 01429159 instructor guide no session topic chapter 1 introduction to logistics 1 2 reliability, maintainability and availability measures 2 3 measures of logistics and systems support 3 4 the systems engineering process 4. Remko i van hoek this second edition of logistics management and strategy takes a practical, integrated and international approach to logistics and is the perfect introduction to the subject for todays managers and. Supply chain strategy report make the most of supply chain strategy apics point of view strategy. This text is intended for msc students on logistics courses, and as an accompanying text for open learning courses such as global msc degrees and virtual universities.
Logisticssupply chain strategy and planning if you dont know where you want to go, any path will do. Logistics management is a supply chain management component that is used to meet customer demands through the planning, control and implementation of the effective movement and storage of related information, goods and services from origin to destination. But four of those dimensionscustomer interface management, strategy integration, performance measurement and control, and outbound logisticswere deemed most important and are likely to remain so. Its an example of how looking to the fundamentals of logistics and supply chain management benefits strategy, organization and execution. Achieving supply chain advantage 3 across the board that their companies recognize the value of all nine scm dimensions.
Dod logistics human capital strategy the dod logistics workforce exists to enable the military force to fight and win wars through continuity, unique skills, its. The army strategic logistics plan aslp is the army logistics communitys strategy to achieve the dcslogs logistics visionthe revolution in military logistics rml. Supply chain management strategy is a major player in product customization, quality control, cost reductions, and speedtomarket. Apr 27, 2016 pdf logistics management and strategy 5th edition competing through the supply chain 5th read full ebook. You must implement a logistics strategy to ensure that you can adapt to the flexibility of the supply chain. In the disaster risk reduction management drrm, logistics take control over the flow of goods, transfer of materials and people, and other roles that an emergency planner must consider. Mar 12, 2017 this fifth edition of logistics management and strategy continues to take a practical, integrated and international approach to logistics, and includes the very latest research to reflect the innovative and exciting developments in this subject area. Building an effective logistics strategy global trade. Issues in supply chain strategy pdf courtesy of don rosenfield.
Find materials for this course in the pages linked along the left. A leading expert facilitates the peertopeer discussion based sessions with contribution from logistics leaders attending the conference. Dod logistics human capital strategy the dod logistics workforce exists to enable the military force to fight and win wars through continuity, unique skills, its competencies and dedicated commitment to the mission. Achieving supply chain advantage management consulting.
This move away from tactical logistics management to strategic logistics management ultimately achieves the goal of reducing waste, that is, reducing unnecessary cost. Create a logistics strategy for supply chain management. Logistics management includes the design and administration of systems to control the flow of materials work in progress and finished inventory to support business unit strategy from the above definitions, we conclude that. Supply chain management spans all movement and storage of raw materials, workinprocess inventory, and finished goods from pointoforigin to pointofconsumption. The importance of supply chain management strategy pls. Diagnose current approach to market segmentation 58 2. The plan for implementation will include development or configuration of an information system, introduction of new policies, and procedures and the development of a change management plan.
1022 1173 1123 741 913 1208 1263 703 772 507 269 645 404 1593 1520 672 451 148 1620 1524 721 180 1396 1469 35 420 652 596 1386