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Principles of Logistic Management

This document discusses the principles of logistics management. It outlines six key principles: 1) production planning, 2) inventory management, 3) transportation management, 4) supplier relationship management, 5) quality management, and 6) lean management. Following these principles can help logistics managers optimize operations, reduce costs, and improve customer satisfaction in the manufacturing industry. The document also notes some benefits of effective logistics management such as reduced costs, improved efficiency, and enhanced customer satisfaction.

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Shambhavi Jaiswal
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22 views

Principles of Logistic Management

This document discusses the principles of logistics management. It outlines six key principles: 1) production planning, 2) inventory management, 3) transportation management, 4) supplier relationship management, 5) quality management, and 6) lean management. Following these principles can help logistics managers optimize operations, reduce costs, and improve customer satisfaction in the manufacturing industry. The document also notes some benefits of effective logistics management such as reduced costs, improved efficiency, and enhanced customer satisfaction.

Uploaded by

Shambhavi Jaiswal
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
You are on page 1/ 14

PRINCIPLES OF LOGISTIC

MANAGEMENT
GROUP 7

RIFAT PARWEEN MBA/10061/22


SYED FAIZAN MBA/10077/22
KASHISH JAIN MBA/10079/22
SHUBHAM RAJ MBA/10086/22
SHAMBHAVI JAISWAL MBA/10096/22
TABLE OF CONTENT
 INTRODUCTION
INTRODUCTION
 Logistics refers to the process of moving the products through the
supply chain..
 The goal of logistics is to meet customer requirements in a timely, cost-
effective manner.
 Logistics management refers to the process of planning,
implementing, and controlling the flow and storage of goods and
services from the point of origin to the point of consumption.
 Effective logistics management can help organizations to optimize their
operations, reduce costs, and improve customer satisfaction
PRINCIPLE 1 – PRODUCTION PLANNING
 Production planning is a critical principle of logistics management in
the manufacturing industry.
 Logistics managers must work closely with production managers to
plan the manufacturing process and ensure that raw materials and
finished products are delivered on time.
 Effective production planning involves forecasting demand, scheduling
production, and coordinating with suppliers and customers.
PRINCIPLE 2 – INVENTORY MANAGEMENT
 Inventory management is a vital principle of logistics management in
the manufacturing industry.
 Logistics managers must optimize inventory levels to ensure that
production is not disrupted by shortages or excess inventory.
 Effective inventory management involves using inventory tracking
systems, setting safety stock levels, and coordinating with suppliers
and customers.
PRINCIPLE 3 –TRANSPORTATION MANAGEMENT
 Transportation management is a critical principle of logistics
management in the manufacturing industry.
 Logistics managers must optimize transportation routes to reduce
costs, improve efficiency, and ensure timely delivery of raw materials
and finished products.
 Effective transportation management involves using transportation
management systems, selecting the right mode of transportation, and
coordinating with suppliers and customers.
PRINCIPLE 4 – SUPPLIER RELATIONSHIP
MANAGEMENT
 Supplier relationship management is a vital principle of logistics
management in the manufacturing industry.
 Logistics managers must work closely with suppliers to ensure that
they deliver raw materials on time and at the right quality.
 Effective supplier relationship management involves selecting the
right suppliers, establishing clear communication channels, and
collaborating to improve processes.
PRINCIPLE 5 – QUALITY MANAGEMENT
 Quality management is a critical principle of logistics management in
the manufacturing industry.
 Logistics managers must ensure that finished products meet customer
expectations and comply with quality standards.
 Effective quality management involves implementing quality control
measures, conducting inspections, and continuous improvement
efforts.
PRINCIPLE 6 – LEAN MANAGEMENT
 Lean manufacturing is a vital principle of logistics management in the
manufacturing industry.
 Logistics managers must optimize the manufacturing process to
reduce waste, improve efficiency, and reduce costs.
 Effective lean manufacturing involves implementing lean principles,
streamlining processes, and reducing lead times.
BENEFITS
 Derive 5 to 7.5% greater return on investment
 Get all order details at fingertips
 Better insight into trends for real-time decision making
 Clearer insight into inventory reports
 Better vehicle utilization keeps products in excellent condition
BENEFITS
 Enhanced routes to deliver more orders in lesser time
 Cuts down fuel costs by half
 Longer vehicle life with predictive maintenance
 Improved integrated with 3PLs (third party logistics) and 4PLs (fourth party
logistics) for smooth operations
 Streamlines all billing process
CONCLUSION
 Logistics management is a critical function in the manufacturing
industry.
 Effective logistics management can reduce costs, improve efficiency,
and enhance customer satisfaction.
 By adhering to the principles of production planning, inventory
management, transportation management, supplier relationship
management, quality management, and lean manufacturing, logistics
managers can optimize logistics processes and improve the
manufacturing process
REFERENCES
 https://www.cronj.com/blog/logistics-management-system-for-manuf
acturing-industry/#
What_is_Logistics_Management
 https://blog.boxonlogistics.com/seven-principles-of-logistics/
THANK YOU
OPEN FOR QUESTION

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