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Logistics Management Challenges & Trends

   

Added on  2020-04-01

15 Pages3825 Words167 Views
Logistics Management

Running Head: ReportContentsLogistics management...........................................................................................................................2Current Issues and Trends in Logistics Management............................................................................3Influence of these dimensions...............................................................................................................8Findings & Recommendations.............................................................................................................10Conclusion...........................................................................................................................................11References...........................................................................................................................................121

Running Head: ReportLogistics managementLogistics refers to the process of planning, organizing, implementing and controlling the effective and efficient flow of goods, services and information between the point of origin and the point of consumption. The management of all such activities in the supply chain is referred to as the logistics management. The logistics management is a part of the supply chain management. The logistics management covers the short term plans of the organization,whereas the supply chain management refers to the long term plans. Logistics is the customeroriented operational system of the organization since this caters to assemble of the services that will lead to customer satisfaction. Due to the recent trend and the globalization of the economy, logistics management has gained immense popularity in the recent past. The logistics management help the industries in managing and implementing their production and distribution systems in order to gain high efficiency levels [ CITATION PLS151 \l 1033 ]. The logistics services of the organization support the movement of the goods from the production unit to the end consumer through the various stages that comprehend to the physical flow of goods and services. With the recent advancements and changes, it has become important for the organizations to develop a sound and effective logistics management in order to attain efficiency levels. The logistics management of the organization contains various dimensions that are to be managed and developed[ CITATION MIT14 \l 1033 ]. The various dimensions of the logistics change according to the dynamic environment and bring advantages and disadvantages for the logistic managers. Any fault in the dimension of the logistics services, will have equal impact on the supply chain management of the organization. The dimensions of logistics management include procurement process, mode of transportation, warehousing, information flows and risk management, supplier relationship management, supply network design. All such dimensions have their own challenges that are faced by the logistics 2

Running Head: Reportmanagers. Thereby, it becomes very important for the organization to understand and consider the challenges and trends of the dimensions and take corrective actions in order to overcome such challenges and issues as they highly influence the organizational performanceand customer satisfaction [ CITATION Bri16 \l 1033 ].Current Issues and Trends in Logistics ManagementThis part of the report aims at discussing the issues relating to the logistics management. From the various dimensions of logistics, only three main dimensions of the logistics management are discussed. The three dimensions that are being discussed is the Transportation, Supplier relationship management and Information flows and Risk Management. In order to explain in a better context the example of the Coles supermarkets ofAustralia is taken. Transportation: Transportation system plays a vital role in the logistics management. A sound transportation system can provide better quality, delivery and service and will also helpin promoting the efficiency. Almost two third of the logistics costs are spent on the transportation system of the organization. Transportation systems help in transferring the goods from place to the another. With increased number of benefits, transportation also causes challenges to the logistic managers in selecting the most efficient mode of transport[ CITATION NSt13 \l 1033 ]. The Coles Supermarket faces challenges relating to the modes of transport such as rail, road, air freight and ports. The recent change in the customer expectations has pressurized the organization by using the most effective modes of transport. The air freight causes challenges to the organization relating to the bulk and weight of the products. Only the heavy products are delivered through airplanes. No matter that the road 3

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