The 10 works of Logistics

Logistics, a critical component of supply chain management, involves a wide range of activities. The principal activities in logistics typically include:

1. TRANSPORTATION:

This is the movement of goods from one location to another, which can involve different modes such as road, rail, air, and sea.

2. WAREHOUSING AND STORAGE:

Goods must be stored safely and efficiently in warehouses before being transported to their final destination.

3. INVENTORY MANAGEMENT:

This involves managing the supply and demand of goods, ensuring there is enough stock on hand to meet customer needs without overstocking.

4. ORDER FULFILLMENT:

Once an order is received, it needs to be processed, packed, and shipped to the customer in a timely manner.

5. DEMAND PLANNING:

Predicting customer demand ensures the right products are available at the right time, avoiding shortages and surpluses.

6. SUPPLY CHAIN MANAGEMENT:

Overseeing the entire supply chain, from supplier to manufacturer to retailer to consumer, to ensure efficiency and effectiveness.

7. REVERSE LOGISTICS:

Managing the return of goods from customers, whether for recycling, disposal, or refurbishing and resale.

8. CROSS DOCKING:

Transferring products directly from incoming to outgoing trucks or vehicles with minimal storage time, to streamline the supply chain.

9. GLOBAL LOGISTICS MANAGEMENT:

Handling logistics on an international scale, dealing with cross-border transport regulations, customs, and diverse transportation infrastructures.

10. CUSTOMER SERVICE:

Providing customer support regarding their orders, shipments, and returns is essential for maintaining customer satisfaction and loyalty.

 

 

 

 

Source : sensefinity.com

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