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Topic: Functions of Logistics Management Group III Semester V' Ty Bms 2010-2011 K.P.B.Hinduja College of Commerce

This document discusses the key functions of logistics management including procurement, inventory control, warehousing, materials handling, facility location, transportation, and order processing. It provides details on each function such as the goals of procurement, types of warehouses, material handling equipment, factors considered for facility location, various modes of transportation, and the process of order fulfillment. Overall, the document outlines the essential activities involved in logistics management and supply chain operations.

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0% found this document useful (0 votes)
23 views

Topic: Functions of Logistics Management Group III Semester V' Ty Bms 2010-2011 K.P.B.Hinduja College of Commerce

This document discusses the key functions of logistics management including procurement, inventory control, warehousing, materials handling, facility location, transportation, and order processing. It provides details on each function such as the goals of procurement, types of warehouses, material handling equipment, factors considered for facility location, various modes of transportation, and the process of order fulfillment. Overall, the document outlines the essential activities involved in logistics management and supply chain operations.

Uploaded by

vidsrinivas
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PPT, PDF, TXT or read online on Scribd
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Topic

Functions of logistics management


Group III
Semester ‘V’
TY BMS
2010-2011
K.P.B.Hinduja college of commerce
Group 3 Investors
Vijay
Ravi
Kinjal
Arpana
Pinky
Rakshan
Functions of logistics
management
• Purchasing / Procurement.
• Inventory Control.
• Warehousing.
• Materials Handling
• Facility Location.
• Transportation.
• Order processing.
Procurement/Purchase
• Acquisition of appropriate good at best
possible cost of ownership.
• Include factors such as delivery and
handling, marginal benefit, and price
fluctuations.
• Procurement generally involves making
buying decisions under conditions of
scarcity.
• Information gathering.
• Supplier contact.
• Background review.
• Negotiations.
• Fulfillment.
• Consumption, maintenance and disposal.
Inventory management
• Inventory control.
• Inventory carrying cost.
• Just in time (JIT).
• Safety stock.
• Minimizing damages.
Warehousing
• A warehouse is a commercial building for
storage of goods.

Old warehouses in Amsterdam, Netherland


• Warehouses are used by manufacturers,
importers, exporters, wholesalers, transport
businesses, customs, etc.
• Types of warehouse storage systems

• 19th century warehouses in Gloucester docks in


the United Kingdom, originally used to store
imported corn.
A Middle Ages type of warehouse, in
Horgen, Switzerland
Automatic storage warehouse for
small parts
Modern trends

Selective pallet rack is an example of storage and 19th century warehouse in Frankfort,
Kentucky, United States used to age bourbon whiskey casks, seen closely through the
warehouse windows.
• Material Handling is the movement, storage,
control and protection of materials, goods and
products throughout the process of
manufacturing, distribution, consumption and
disposal.
• Proper material handling can save manpower,
time, money which are precious to
organisation.
• Important task of logistics department.
Material handling equipments

Industrial mezzanine. Forklifts are the most common type


of industrial truck.

Industrial KUKA Robots for palletizing - an example of an engineered system


Facility location
• Facility location, also known as
location analysis, is a branch of
operation research.
• Concerned with optimum utilization
of space and manpower.
• Ensures effective material utilization.
Transportation
• Transportation is the movement of
people and goods from one location to
another.
• Mode of transportation include air, rail,
road, water, cable, pipeline, and space.
• One of the most important activity of
logistics department.
Various modes of transportation

Human powered transport. bulk carrier BW Fjord

Road transport
Automobile ferry in Croatia
Air craft in Croatia

Pipeline transportation of crude oil in Alaska.


Order processing
• Order processing is a key element of Order
fulfilment.
• Describe the process or the work flow
associated with the picking, packing and
delivery of the packed item(s) to a shipping
carrier.
• Globalization -Impact is felt most in
transportation and distribution

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