What is Logistics?
The process of planning, implementing and controlling the efficient, effective forward and reverse flow and storage of goods, services and related information from the point of origin to the point of consumption in order to meet customer and legal requirements.
Purpose of Logistic Courier Services
Effective transportation or timely movement of goods and services from one place to another for the purpose of industrial transportation or even private purposes.
Objectives of Logistics Management
Logistic cycle
The process of planning, implementing and controlling the efficient, effective forward and reverse flow and storage of goods, services and related information from the point of origin to the point of consumption in order to meet customer and legal requirements.
Purpose of Logistic Courier Services
Effective transportation or timely movement of goods and services from one place to another for the purpose of industrial transportation or even private purposes.
Objectives of Logistics Management
- Inventory reduction
- Reliable and consistent delivery performance
- Freight economy
- Minimum product damages
- Quick performance
- Order processing
- Inventory Management
- Ware Housing
- Transportation
- Material handling and Storage
- Packaging
- Information flow
Logistic cycle - Services
- Warehousing and storage
- Transportation
- Port
- Supplies
Different Stages of Logistics
Before Production
- Material Management
- Supply Management
- Raw materials inventory management
After Production
- Production Planning
- Finished goods inventory management
- Warehouse management
- Transport management
The Logistic Manager must ensure
- Right product
- In the right quantity
- In the right condition
- In the right place At the right time
- The right customer
- At the right cost
- In House Logistics: The professional logistic team in the company will aid to do the best and safest transportation to your goods.
- The third party logistics: The entire shipping and transportation is controlled by 3PL service provider from the starting point to the destination including shipping, air freight and the warehouse arrangements.
- TMS Logistic Services: The company can do their own logistic service with the user-friendly software they own without getting the assistance from any experts.
- India’s logistic sector is valued at around US $110 billion.
- It is expected to reach US $200 billion by 2020.
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