CENTRAL UNIVERSITY OF KASHMIR

GROUP B
Arooj, Bisma, Sahil Manzoor, Shabir, Saqib

TOPIC
Logistics, Definitions Of Logistics, Evolution Of Logistics, History Of Logistics,
Objectives Of Logistics, Wear House Management, Inventory Management,
Transportation Management.

TEACHER INCHARGE
DR. Shakeel Ahmed Sofi

Subject:- Retail And Logistics

Information About Logistics Management
Logistics
Definitions Of Logistics
Evolution Of Logistics
History Of Logistics

Objectives Of Logistics
Wear House Management
Inventory Management

Transportation Management
 LOGISTICS

Logistics is generally the detailed organization and implementation of a complex

operation. In a general business sense, logistics is the management of the flow of things
between the point of origin and the point of consumption to meet the requirements of
customers or corporations. The resources managed in logistics may include tangible goods
such as materials, equipment, and supplies, as well as food and other consumable items.
Logistics management is the part of supply chain management and
supply chain engineering that plans, implements, and controls the efficient, effective
forward, and reverse flow and storage of goods, services, and related information between
the point of origin and point of consumption to meet customers' requirements.
 • Definitions Of Logistics

According to Council of Logistics Management, “Logistics is the process of planning,

implementing, and controlling the efficient, effective flow and storage of goods, services,
and
related information from point of origin to point of consumption for the purpose of
conforming
to customer requirements.” Note that this definition includes inbound, outbound,
internal, and external movements, and return of materials for environmental
purposes.
According to Phillip Kotler, Market logistics involves planning, implementing and
controlling physical flow of material and final (finished) goods from the point of origin to
the
point of use to meet customer requirements, at a profit.
 • Evolution of Logistics
 So since the evolution, logistics has a growth rate of up to 20% every year. Later
the supply chain department was created within the logistics to provide complete
services beginning from the planning to the end of the product cycle. This is how the
complete logistics and supply chain management industry emerged.
Logistics is the word used now and then; in this post let us discuss how the word and the
whole process of logistics have evolved. The word logistics is the combination of two Latin
words ‘logic’ and ‘static’. During the earlier periods, logistics was a military application.
However, it became more popular at the time of World War II and after that logistics was
viewed and applied as a scientific subject. Once the enterprise businesses understood the
importance of logistics, they started to take advantage of logistics services. From the
beginning of the 1960s until the present year the logistics have kept on evolving.
Logistics can be easily defined as “efficient planning and implementation of products,
services, and information flow from the starting point (origin) to the endpoint (customers)
including transport, storage, and control”. The globalization has increased by the 1990s and
companies have to import and export a lot. Thereby transportation has become an
important factor for business. Every business considered transportation as a key factor to
maintain them in the competitive market and they controlled and integrated transport
systems. When transportation was viewed strategically important, the businesses started
losing their market shares.
 HISTORY OF LOGISTICS
Logistics refers the movement of products or services to a designated location at an agreed
upon time, cost and condition. Ancient Roman and Greek wars are the basis for today’s
logistics systems. Rome developed a highly efficient logistic system to supply its legions.
Military officers called “logistikas” were responsible for ensuring the supply and allocation of
resources, so that soldiers could move forward efficiently.
During the Middle Ages elaborate supply systems, roads and warehouses were used. Forts and
castles became storage depots supported by the economy of the surrounding countryside.
During the Industrial Revolution, logistics advanced greatly with the addition of railways and
ships.
World War I further increased industrial capabilities. The internal-combustion engine gave rise
to widespread use of motor transport. World War II was characterized by dramatic advances in
transportation and communication. U.S. shipyards performed at an unprecedented pace to
expand the merchant marine (a fleet of U.S. civilian-owned merchant vessels that engage in
commerce or transportation of goods and services in and out of the navigable waters of the
United States).
After World War II, logistics moved from warfare to business. Physical distribution of products
began with a focus on outbound activity. Filling orders, distribution of products,
storage and warehousing, production planning and customer service are presently important
aspects of the logistics process.
An entire industry was born from what started as a way to get products from point A to point B.
 Objectives Of Logistics Management

To ensure all the requirements of the customers are met on time
 To coordinate with third-party logistics (3PLs)
 To ensure timely despatch of the products
 To devise policies and procedures for successful implementation of logistics
system
 To synchronise business goals with logistics system
 To create and maintain customer support
 To have stable integration among the vendors, service providers and transport
carriers
 To provide a competitive edge to an organisation through increased sales and
better customer service
 To ensure cost reduction and maximise return from products/services
 • The five Rs of logistics are as follows:
 Right products
 Right place
 Right time
 Right condition
 Right cost
• Some of the elements related to logistics management are as follows:
It helps in choosing the right supplier for providing transportation facilities.

 It assists in choosing the most effective channel for product distribution.

 It measures the customer and market needs.

 It helps in cutting down on inventory and storage costs.

 It focusses on maximising organisational profits.

 • Concept Of Ware house Management
 Ware Housing and inventory storage are not a modern
concept. Ware housing have been existing since the early
days of Indus Valley Civilisation and Harappa. For
insistance, a ware house that served Naval trade was
found in “Lothal” (Now in Gujraat ) in around 2600 BC .
Then in the 18th and 19th centuries during the industrial
revolution in Europe, ware houses started evolving and
took a more specialised role in the industry. During this
period, Ware houses became more approachable and
efficient in terms of product movement.

According to Robert Hughes:- Warehousing

is a set of activities that are involved in
receiving and storing goods and preparing
them for reshipment.

Robert Hughes (The Guardian)

 • Inventory Management

 Inventory management refers to the process of ordering,

storing, using, and selling a company's inventory. This
includes the management of raw materials, components, and
finished products, as well as warehousing and processing of
such items.
 • Transportation

 A transportation management system (TMS) is a logistics

platform that uses technology to help businesses plan, execute,
and optimize the physical movement of goods, both incoming and
outgoing, and making sure the shipment is compliant, proper
documentation is available.
 • Meaning Of Transportation In Logistics

Transportation is the movement of goods and logistics is the

management of the inward and outward transportation of
goods from the manufacturer to the end user. These terms are
often used interchangeably, but they are two extremely
different part of the supply chain
 • Modes Of Transportation
The four primary modes of transportation in logistics
are shipments by truck, ship, train and plane — also known as
road, maritime, rail and air shipments. While each of these
modes of transportation has unique benefits, knowing which
method is right for your business requires careful consideration.

TRUCK SHIP TRAIN AEROPLANE

 • Importance Of Transportation

Transportation carries necessary raw materials to factory for

production of goods and supplies finished goods to consumers. It
creates place and time utility of goods by transporting from one place to
another. It easily carries finished to the hands of those who need and use
them.
Some Videos Of Logistics industries

• Total Logistics
Some Videos Of Logistics industries

• Mahindra Logistics (India’s most prefered Logistics Service)

• Raben Group of Logistics