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  • Logistics in Retail Nikhil

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    The document discusses various concepts in logistics for retail including third party logistics, fourth party logistics, and reverse logistics. Retail logistics aims to reduce inventory costs and improve profits by managing the flow of merchandise from suppliers to customers. Fourth party logistics providers integrate resources and technology to design and manage comprehensive supply chain solutions, targeting the entire process rather than single functions.

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    retail management

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    The document discusses various concepts in logistics for retail including third party logistics, fourth party logistics, and reverse logistics. Retail logistics aims to reduce inventory costs and improve profits by managing the flow of merchandise from suppliers to customers. Fourth party logistics providers integrate resources and technology to design and manage comprehensive supply chain solutions, targeting the entire process rather than single functions.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
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    6 views7 pages

    Logistics in Retail Nikhil

    Uploaded by

    nandhunikhil
    The document discusses various concepts in logistics for retail including third party logistics, fourth party logistics, and reverse logistics. Retail logistics aims to reduce inventory costs and improve profits by managing the flow of merchandise from suppliers to customers. Fourth party logistics providers integrate resources and technology to design and manage comprehensive supply chain solutions, targeting the entire process rather than single functions.

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    © All Rights Reserved
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    LOGISTICS IN RETAIL

    NIKHIL BABY

    WHAT IS LOGISTICS IN RETAIL Retail logistics is the organized process of managing the flow of merchandise from the source of supply to customer The main objective of logistics management is to reduce the inventory holding cost and improve profits

    BENEFITS OF LOGISTICS IN RETAIL

    NEW CONCEPTS OF LOGISTICS IN RETAIL

    Third party logistics

    Supply of logistics related operations b/w traders by an independent organizations. exFederal Express, DHL, Maersk Logistics.

    FOURTH PARTY LOGISTICS


    concept of a fourth-party logistics (4PL) provider was first defined by Andersen Consulting (now Accenture) as an integrator that assembles the resources, planning capabilities, and technology of its own organization and other organizations to design, build, and run comprehensive supply chain solutions. Whereas a thirdparty logistics (3PL) service provider targets a single function, a 4PL targets management of the entire process.

    REVERSE LOGISTICS

    Process of moving goods from their typical final destination, for the purpose of capturing the value or proper disposal .

    Stands for all operations related to the reuse of products & materials

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