Business Logistics Management 1. Introduction
Business Logistics Definition
Supply Chain
Activity Mix
Importance of Logistics Costs are significant Supply and distribution lines are lengthening Logistics is important to strategy Logistics adds significant customer value Customer increasingly want quick customized response
Costs are significant
Customers, demand centers sinks Field Warehouses: stocking points Sources: plants vendors ports Regional Warehouses: stocking points Supply Inventory & warehousing costs Production/ purchase costs Transportation costs Transportation costs Inventory & warehousing costs
Logistics is important to strategy
Customer increasingly want quick customized response
Logistics in the Firm
Logistics Objective in Business
Approach to study logistics