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Logistics and Supply Chain Management Ginni Nijhawan, Lovely Professional University

Notes Unit 2: Introduction to Logistic

CONTENTS
Objectives
Introduction

2.1 Definition and Concept of Logistics
2.1.1 Concept of Logistics
2.2 Logistics Value Proposition
2.2.1 Service Benefits

2.2.2 Cost Minimization
2.2.3 Logistics Value Generation
2.3 The Work of Logistics
2.3.1 Order Processing
2.3.2 Inventory

2.3.3 Transportation
2.3.4 Warehousing, Materials Handling, and Packaging
2.3.5 Facility Network Design
2.4 Logistical Operations

2.4.1 Inventory Flow
2.4.2 Physical Distribution
2.4.3 Manufacturing Support
2.4.4 Procurement
2.4.5 Information Flow

2.4.6 Planning and Coordination Flows
2.4.7 Operational Requirements
2.5 Logistical Operating Arrangements

2.5.1 Echelon Structured Logistics
2.5.2 Direct Structured Logistics
2.5.3 Flexible Logistics System
2.6 Supply Chain Synchronization
2.6.1 Performance Cycle Structure

2.6.2 Market Distribution Performance Cycles
2.6.3 Manufacturing Support Performance Cycles
2.6.4 Procurement Performance Cycles
2.6.5 Performance Cycle Uncertainty
Contd...

26 LOVELY PROFESSIONAL UNIVERSITY