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IBS320 Managing Global Logistics Management Assignment

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Managing Global Logistics Management Assignment (IBS320)

   

Added on  2020-05-04

IBS320 Managing Global Logistics Management Assignment

   

Managing Global Logistics Management Assignment (IBS320)

   Added on 2020-05-04

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Running head: LOGISTICS MANAGEMENTLogistics managementName of the StudentName of the UniversityAuthor note
IBS320 Managing Global Logistics Management Assignment_1
2LOGISTICS MANAGEMENTExecutive summarySupply chain management, physical distribution, material management and rhocrematics are thenames which were given to the sector of business logistics. Business logistics is an importantarea of management in case of the majority of the organizations, whether those aremanufacturing or service companies. Logistics is been defined as the process of planningimplementing and also controlling the efficient and cost effective flow. Along with that a storageof raw materials, finished goods, in process inventory and related information from the initialpoint of consumption for in compliance to client needs. The purpose of this report is to shed lighton various facts and write an overview on the management of logistics and how they can beapplied to business organizations.
IBS320 Managing Global Logistics Management Assignment_2
3LOGISTICS MANAGEMENTTable of ContentsIntroduction......................................................................................................................................4Logistics overview...........................................................................................................................4Definitions of Logistics...................................................................................................................5Objectives of logistics......................................................................................................................5Reduction of inventory................................................................................................................5Economy of freight......................................................................................................................6Consistency in delivery performance..........................................................................................6Minimum damage to goods.........................................................................................................6Quicker and faster response.........................................................................................................6Functions of logistics.......................................................................................................................7Order processing..........................................................................................................................7Inventory planning.......................................................................................................................7Warehousing................................................................................................................................7Transportation..............................................................................................................................7Packaging.....................................................................................................................................7Value delivery in supply chain management...................................................................................8Logistics solution.............................................................................................................................8Future of logistics............................................................................................................................9Logistics and customer service........................................................................................................9
IBS320 Managing Global Logistics Management Assignment_3
4LOGISTICS MANAGEMENTImpact of logistics management on customer satisfaction:...........................................................11Manufacturing Companies- Logistics and Customer Satisfaction:...............................................12Information Technology in Logistics:...........................................................................................12Logistics and Social Media:...........................................................................................................14References and Bibliography.........................................................................................................15
IBS320 Managing Global Logistics Management Assignment_4

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