What are the major aspects of strategic logistics planning Ignou?
The three major aspects of strategic logistics planning include long-term goals and the means and process for achieving those goals. Long-term goals: Long-term goals include customer satisfaction, your company's competitive advantage and supply chain management.16-Aug-2022
Three Major Aspects of Strategic Logistics Planning Customer satisfaction, the company's competitive advantage, and supply chain management are the three long term goals of a logistics planning and strategy.
What is logistic planning?
Logistics is the process that creates value by timing and positioning inventory; it is the combination of a firm's order management, inventory, transportation, warehousing, materials handling, and packaging as integrated throughout a facility network.
Strategic logistics planning is defined as a unified, comprehensive, and integrated planning process to achieve competitive advantage through increased value and customer service, which results in superior customer satisfaction, by anticipating future demand for logistics services and managing the resources of the
What are the benefits of logistics planning?
6 Benefits of Logistics Management
So now we have three factors that managers must consider when designing a logistics strategy – the higher strategies, the business environment and the organization's distinctive competence (shown in the Figure below).
What are the types of logistics?
Logistics can be split into five types by field: procurement logistics, production logistics, sales logistics, recovery logistics, and recycling logistics.
Objectives of Logistics Management
What is the most important thing in logistics?
Care and conditioning of the products and goods are essential in the supply chain. Proper handling and storing of products is key in logistics management. The packaging of the products takes a lot of research.19-Oct-2021
Global logistics connects critical components of the supply chain from a product's point of origin to its point of consumption—to ensure timely and efficient distribution of goods from producers to consumers.10-Jun-2021
What are the duties of a logistics planner?
A logistics planner is responsible for tracking and monitoring the shipment operations of warehouse and distribution centers. Logistics planners assist with the project management procedures, identifying resources, calculating cost and expenses reports, and the manufacturing timetables.
The logistics strategy comprises three objectives (i) cost reduction, (ii) capital reduction, and (iii) service improvement. The cost reduction strategy is aimed at reducing the variable cost related to the movement and storage of goods.
What are the logistics strategies?
A logistics strategy is a set of principles, attitudes and driving forces that guide the coordination of plans, goals, and policies between the partners across a supply chain.27-Aug-2021
You must implement a logistics strategy to ensure that you can adapt to the flexibility of the supply chain. A logistics strategy allows you to identify how imminent changes impact the company so that you can make the necessary organizational or functional changes to ensure service levels are not reduced.04-Jan-2017
How do you write a logistics plan?
How to Make a Good Logistics Plan
Logistics refers to what happens within one company, including the purchase and delivery of raw materials, packaging, shipment, and transportation of goods to distributors, for example.
What factors affect the choice of logistics strategy?
Key Success Factors for Effective Logistics Practices
There are four main types of logistics management, each emphasizing a different aspect of the supply process.
What are the 12 elements of logistics?
Terms in this set (12)
In this step, we look at the 7 Rs of logistics. So, what are the 7 Rs? The Chartered Institute of Logistics & Transport UK (2019) defines them as: Getting the Right product, in the Right quantity, in the Right condition, at the Right place, at the Right time, to the Right customer, at the Right price.
What are the factors to consider in supply chain management?
The major factors identified as supply chain structure, inventory control policy, information sharing, customer demand, forecasting method, lead time and review period length. The optimum selection of parameters of these factors improves the supply chain performance.
What are the major aspects of strategic logistics planning Ignou?