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Logistics - Introduction: Rosalin Rubarani
Logistics - Introduction: Rosalin Rubarani
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LOGISTICS - INTRODUCTION
Rosalin Rubarani
ITS Chennai – Excellence. Simply Delivered
ITS Chennai
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Agenda
- Overview of Logistics
- Types of Logistics
- Party Logistics
- Transport Modes
- Terms Related to Logistics
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Overview of Logistics -
Definition
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Transportation management focuses on planning, optimizing and executing the use of vehicles to move goods between
warehouses, retail locations and customers using various transport modes
Warehouse - where goods are received, processed and fulfilled (shipped to the customer). Warehouse management
mainly focus on the storing the goods, inventory management and order fulfillment.
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Types of Logistics
• Inbound Logistics
• Outbound Logistics
• Reverse Logistics
Reverse Logistics
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Party Logistics
- 1PL
1PL means first-party logistics. This is where a company does not outsource transport and logistics services to a third
party.
- 2PL
A 2PL is an asset-based carrier that is responsible for the method of transportation
- 3PL
A 3PL provides outsourced or ‘third party’ logistics services to companies for all or part of their supply chains
- 4PL
A 4PL (sometimes referred to a Lead Logistics Provider) is an independent company who will manage a customer’s
supply chain by orchestrating the resources and technology of its own organization along with the services of other
companies such as 3PLs to create the best solution
- 5PL
This is a logistics partner that handles the logistics needs of multiple customers. Hence management of supply
chains shifts to supply networks. Also, 5PLs are focused on e-business and aim to deliver services at minimum cost.
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Transportation Modes
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Activity 1
Choose 5 members. Give them each Transportation Mode. Discuss on the advantages and disadvantages (in both
Business and Cost perspective) of the Transport Modes. Discuss on importance of choosing the transportation Mode.
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THANK YOU