Business Logistics Management Overview
Explore the fundamentals of business logistics and supply chain management, including key topics such as strategy, planning, transportation, inventory management, and more. Recommended books and additional resources provide further insights into this vital subject. Dive into the historical perspective, principles, and definitions of logistics to gain a comprehensive understanding.
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Presentation Transcript
Logistics Management LSM 730 Lecture 1 Dr. Khurrum S. Mughal 1-1
Course Contents Introduction Strategy & Planning The Product Location Strategy Transport Decisions Inventory Strategy Purchasing & Supply Scheduling The Storage & Handling System The Storage & Handling Decisions Network Planning Process 1-2
Course Material Course Text Book Business Logistics/Supply Chain Management, 5th Edition by Ronald H. Ballou Recommended Books Logistics An Introduction to Supply Chain Management by Donald Waters Introduction to Logistics Systems Management by Gianpaolo Ghiani, Gilbert Laporte, Roberto Musmanno Supply Chain Management: In Theory and Practice by Birgit Dam Jespersen, Tage Skjott-Larsen Miscellaneous Sources: Council of Supply Chain Management Professional - https://cscmp.org/ Journal of Business Logistics 1-3
Business Logistics/Supply Chain A Vital Subject The supply chain is simply another way of saying the whole process of business. Peter Drucker, 1969 1-4
Introduction Needs in the historical perspective Constraints due to low technological developments in transportation and storage Locating near production Self sustaining villages As old as trade itself Principle of Comparative Advantage 1-5
Logistics Defined Managing Individually Vs Coordinated Management 1-6
Transportation Transportation Customers Warehousing Information flows Factory Transportation Vendors/plants/ports Transportation Warehousing 1-2
