What is Logistics Management
According to Wikipedia:
Logistics management is the part of supply chain management that plans, implements, and controls the efficient, effective forward, and reverse flow and storage of goods, services, and related information between the point of origin and the point of consumption in order to meet customer’s requirements.
Logistics is basically the management of goods, and information regarding the goods, from one place to another until it reaches the consumer
Logistical management is an essential component of any company and can be complex in our global economy.
Logistics Management is a small portion of Supply Chain Management that deals with management of goods in an efficient way. Supply Chain Management is a broader term which refers to the connection, right from the suppliers to the ultimate consumer.
If your business is considering working with an experienced 3PL partner that can provide customized logistics solutions, start by learning more about the specific services offered by that company.
Logistics functions consist of following sets of activities:
Integrated Logistics Management
It is a technique which utilizes various sources and channels to meet the customer demand in time. First step is to anticipate and forestall the demand the customer.
Our logistics services are customized to your requirements, operating philosophies and business strategies. Our expertise and technology will provide you with the level of quality service your customers’ requirements, all while adhering to your budget.
An effective logistics management operation should yield 4 key results:
- Increase revenue
- Improve operating cost structure
- Reduce overall transportation costs
- Improve customer service
Choose one of our services to learn more:
- Supply Chain Management
- Transportation Management
- Warehouse Management Systems
- Logistics Engineering
- Labor Management Solutions