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7/29/2019 Full LM
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Some background information.
-----------
Currently one of the largest employers in India The backbone of a growing economy What is Indias growth rate?
projected to grow at 9-10 per cent in next few years, growth slowed down to 5% due to global
meltdown of 2009 and also domestic politics!
Indian economy is the 3rd largest ($ 4,710.807 billion-IMF 2012) in the world and 130th ($3,663.00-IMF 2011) in terms of per capita GDP as per Purchasing Power Parity.
Which is the largest economy in the world? The United States with $15,094 billion Average life expectancy in India is 64.7 years
ranked 139th in the world,Japanranks 1st with 82.6 years
Literacy rate in India is 75.6% ranked 137th, Georgiaranks 1st with 100% Economic prosperity due to higher per capita GDP is the key to raise the standard of living Logistics and its sound management is a critical factor in an economy aspiring to grow
What is Logistics?
Set of movement and movement related activitiesWhat is Movement?
- Movement is life
- Stagnation is death!
For Human body and also for economy!
What moves in a human body?
What moves in an economy?
Where does the movement take place?
Infrastructure
http://en.wikipedia.org/wiki/Japanhttp://en.wikipedia.org/wiki/Japanhttp://en.wikipedia.org/wiki/Japanhttp://en.wikipedia.org/wiki/Georgia_(country)http://en.wikipedia.org/wiki/Georgia_(country)http://en.wikipedia.org/wiki/Georgia_(country)http://en.wikipedia.org/wiki/Japan7/29/2019 Full LM
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What moves? Materials and information
What are Elements?
Building blocks Constituents
Elements of Logistics and Supply Chain Management
Participants Processes and Activities Tools and techniques
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Processes
Planning Procurement Warehousing Distribution Outsourcing
Activities
Communication, documentation, labeling, packaging, material handling, transportation, storage,loading/unloading
Tools and Techniques Operations Research Models MRP, DRP, ERP RFID
SUPPLIERVENDORDIRECTMATLS CUSTOM
Particip
ants3P
L 3
PL
4PL
Out/
srd.V
Out/
srd.V
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EDI KANBAN
What is Logistical Management?
Achieving logistical objectives at minimum costWhat are the logistical objectives? Or objectives of Logistical Management?
Customer service Meeting the D expectation of customers at minimum cost Expectations of internal and external customers
What is Supply Chain?
Evolved from the concept of Logistical management Looking beyond the organization to satisfy the end user A conceptual pipe line connecting source of raw material to end user What is there in this pipe line? What flows in this pipeline?
The Supply Chain
VendorVendors
vendorSuppl
ierCustomer
Customerscustomer
End usersSourceof raw
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Reference books
1. Logistical Management, the integrated supply chain perspective-Bowersox & Closs (TataMcGraw-Hill)
2. Supply Chain Logistics Management Bowersox, Closs, M Bixby Cooper (Tata McGraw-Hill)3. The Management of Business Logistics, A supply chain perspective-Coyle, Bardi, Langley
(Thomson, South Western)
4. Logistics-Bloomberg (Prentice Hall of India)5. Fundamentals of Logistics Management Douglas M Lambert, James R Stock & Lisa M Ellram
(Irwin McGraw-Hill)
6. Supply Chain Management-Martin Christopher (Pearson Education)7. Logistics Management, The Supply Chain Imperative V. V. Sople (PEARSON)
What we shall learn?
Unit I
1. Background Logistics, Logistical Management and Supply chain management2. Organization Structure3. Customer service4. Demand Forecasting5. Order processing
Unit II
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1. Transportation2. Warehousing3. Material Handling Systems4. Packaging
Unit III
1. Inventory Management2. Information System
Unit IV
1. Performance Measurement2. Logistical Costing3. Logistical Network Analysis4. Modern Logistics Infrastructure