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Marketing Logictics and SCM

Marketing Logictics and SCM

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Published by Vikas
Principles of materials management, logistics and supply chain management
Principles of materials management, logistics and supply chain management

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Categories:Business/Law
Published by: Vikas on Nov 19, 2010
Copyright:Attribution Non-commercial

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12/16/2012

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Market Logistics & Supply ChainManagement
Learning ObjectivesPrinciples omaterials management, logisticsand supply chain managementLogisticsinterfacewith other functionsInventorymanagement principles andsystemsWarehousingmanagement fundamentalsTransportationmanagement practicesHowIT enablesthe logistics functionUnderstand about the
performancemeasurement
of the logistics function
 
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M
aterials
M
anagement
M
aterialsforms thelargest single cost itemin most manufacturing companies ±needs to becarefully managed
M
aterials managementfunction includesplanning and control, purchasing and storesand inventory control
M
aterials management is theprecursor tologistics and supply chain management
Logistics««
 
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Logistics Defined
Logistics means having the right thing, atthe right place, at the right time
The procurement, maintenance, distributionand replacement of personnel and materials ±Webster¶s DictionaryThe science of planning, organizing andmanaging activities that provide goods or services ±Logistics World, 1997

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