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Logistics and Procurement Strategies in Supply Chain Management

   

Added on  2023-06-11

12 Pages834 Words80 Views
Supply Chain and
Operations Management
Logistics and Procurement Strategies in Supply Chain Management_1
Table of contents
Introduction
Importance and use of logistics in supply chain management
Effectiveness of the procurement strategies and procedures
Factors that can improve logistics and procurement strategies
Design effective and economic order quantity for procurements
Role of principles of LIFO and FIFO in inventory control
Just-in -time system of inventory control
Conclusion
References
Logistics and Procurement Strategies in Supply Chain Management_2
Introduction
The presentation covers the importance and sue of
logistics in the supply chain management , effectiveness
of the procurements strategies and procedures and factors
that improve the procurement strategies.
Role of LIFO and FIFO inventory control and evaluation
of just in time systems in Tesco.
Logistics and Procurement Strategies in Supply Chain Management_3
Importance and use of logistics in supply chain
management
Tesco is one of the leading British multinational brand dealing in groceries
headquartered in England and is the third largest retailer in the world.
The supply chain department of Tesco is responsible for managing the flow of goods
in the company. Logistics plays a very major role in managing the storage of all variety
of inventory.
It is necessary for the company to provide large storage options for the products they
are caring. The logistics ensure that the rights good are picked and is delivered to the
correct destination
Logistics and Procurement Strategies in Supply Chain Management_4

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