Premium Essay

Global Logistic Management

In:

Submitted By anielka
Words 3099
Pages 13
Company Name:

1.0 Introduction
The Council of Supply Chain Management Professionals (CSCMP) defines logistics as the process of planning, implementing, and controlling procedures for the efficient and effective transportation and storage of goods including services, and related information from the point of origin to the point of consumption for the purpose of conforming to customer requirements. This definition includes inbound, outbound, internal, and external movements.
Inbound Logistics
It is important for companies to have total visibility of their inbound logistics function.
If the logistics management can see which inbound deliveries are arriving they can schedule the correct resources to be available at the correct times so that materials are unloaded in a timely fashion without causing a bottleneck at the receiving dock. The inbound logistics process in SAP starts when purchase orders are processed at the vendor and an advanced shipping notification (ASN) is sent back.
When an ASN is received this can trigger an inbound delivery to be created in SAP. The delivery will contain information on the vendor, the items, quantities to be expected and the delivery details.
The delivery monitor is used to display and process open and completed deliveries. It is a single list that is easily reviewed.
It shows deliveries that are due for picking or putaway and creation of transfer orders, deliveries for which picked quantities or putaway stocks need to be confirmed, and process deliveries that are due for goods receipt.

Goods receipts are used to record the items that are received from a vendor which have been sent using the information from a purchase order.
The goods receipt is important as it moves the items into stock, updating the stock levels and allowing the items to be used in the production process. If an item is received into stock, the value

Similar Documents

Premium Essay

Singapore Maritime Logistics Network

...Nowadays, the global maritime logistics has developed more and more important role in the process of globalization. In the era of knowledge-driven economy, the external environment for global maritime logistics has changed a lot, which presents more and higher requirements for global maritime logistics management accordingly. The changes in global maritime logistics internal requirements and external environment certainly impel the adjustments in management philosophy, business strategy, institutional framework, human resource, maritime logistics culture and other aspects in maritime logistics management. Therefore, the study on maritime logistics management has both theoretical significance and practical significance. Cost reduction strategies have been frequently applied in the global maritime logistics. However, it has both advantages and disadvantages in global business. Therefore, it is very necessary to make the most use of cost reduction strategies according to the unique character of maritime logistics. With the guidance of modern management theory and management innovation theory, this paper discusses the cost reduction strategies and green strategies in global maritime logistics, and presents the idea that management is an objective requirement for maritime logistics development in the new situation. The paper summarizes the achievements and deficiencies in maritime logistics innovation of cost reduction strategies in the implementation of green strategies, mainly discusses...

Words: 1510 - Pages: 7

Premium Essay

Supply Chain Management

...YEAR 2010-2011 Global Supply Chain and Logistics M06BSS 1. MODULE SUMMARY Aims and Summary This module provides knowledge and a thorough understanding of the management of the distribution and logistics function in contemporary organisations. The module will introduce the core concepts and theories that are pre-requisite for the successful management of logistics within the overall context of the organisation. The overall fit of the logistics function will be explored in context of attaining and sustaining competitive advantage and world-class status for global organisations. The module will explore supply chain networks and the importance of supply chain management. Current logistical trends such as lean management of the logistics and supply chain function will also be analysed. Other areas explored will include procurement, inventory management, transportation, warehousing and new technologies such as RFID. Module Size and credits | |Module size |Single | | |CATS points |15.0 | | |ECTS credits |7.5 | | |Open/Restricted |Open ...

Words: 958 - Pages: 4

Premium Essay

Pre Assignment

...Logistics has developed as an important area or function of business since World War II. It has gone through several phases of development in achieving its present status. It is a critical part of supply chain management. The coordination and, perhaps, integration of the logistics systems of all the organizations in a supply chain are necessary requirements for successful management of the supply chain. (Bowersox etc, 2007) Logistics can be divided into two parts: domestic logistics and international logistics. Difference between Domestic & International Logistics can be said to arise mainly on account of the three major factors : 1) Logistic costs is International Business is much more higher than the domestic business 2) The Logistic Mechanics are much more complex in the context of international logistics than the domestic logistics 3) The political, cultural and institutional factors connected with international logistics are of considerable importance whereas these are usually not of much consequence in the context of domestic logistics.(Networker, n.d) Globalization of the world economy and our logistics has advanced at an almost unbelievable speed. Growth in world trade, and corresponding cargo container movements, continues to substantially exceed overall economic growth, meaning that trade volumes are doubling every 5-7 years.(Hill etc, 2001) There are some roles of global logistics: • Globalization helped in doing business beyond the national boundaries...

Words: 965 - Pages: 4

Premium Essay

Logistics and Ghg Emissions

...of logistics in our global word. It will then move to the recent climate change and its impact on our world with particular reference to logistics and GHG emissions relationship. The write up will follow up with the EPA and other agencies reactions and discuss the impact and the changes in the logistics management by the companies around the world. SUPPLY CHAIN MANAGEMENT Supply Chain Management refers to the flows of processes though which the goods are moved from the customer order to the acquisition of raw materials, supply, production, and distribution of the goods to the relevant customer. It basically refers to the management of the activities for the collections of raw materials to the production at the factories to the distribution of these goods. The manager must coordinate with all of these pieces in a cordial manner for the effective management of the supply chain (Mentzer, 2001). LOGISTICS MANAGEMENT Logistics Management is widely known concept in the global world. All companies rely on the logistics for the efficient flow of the goods and services. For Example: Industrial manufactures rely heavily on these logistics for the transportation of the mass-produced items. At the same time, the consumer goods manufactures want their goods to be delivered to the outlets and warehouses before the customer calls for it. Therefore, Logistics management has now evolved into one of the most important links in the supply chain process (DHL, 2010). Logistics refers...

Words: 2508 - Pages: 11

Premium Essay

Outline

...Supply Chain Management Certificate This “practical” interactive certificate series is designed to provide participants with a detailed look at global supply chain management with a focus on Purchasing, Inventory, and Warehousing. This certificate addresses issues in terms of today’s global supply chain and its supply chain streams and flow process, so practitioners can know how to make the most of this powerful tool. You will have the opportunity to explore a variety of global supply chain management areas in depth, extrapolate their logistics meanings, and apply the techniques needed to make it all work for your organization. Mastering the supply chain’s dynamics is no longer extraneous to survival in today's global environment—it's essential. Because logistics affects 30% or more of the value added to your product, it offers abundant areas of opportunity and exciting possibilities for lowering the bottom line. Where you may not be able to control the outside influences, ambiguities, and contradictions of the global economy at large, you can have a profound influence on controlling those internal logistics factors that substantially affect your profitability or cost containment efforts. Course Schedule Global Supply Chain Basics and Technology (Day 1) Global Logistics Basics and Functionality (Day 2) Essential Aspects of Purchasing (Day 3) Inventory ManagementPractices (Day 4) Mastering Warehouse Mechanics (Day 5) WHO SHOULD ATTEND • Logistics, supply chain, procurement...

Words: 1621 - Pages: 7

Premium Essay

Globalisation Strategies

...International Journal of Physical Distribution & Logistics Management Globalisation strategies and business organisation of a network of logistics service providers W. Lemoine Lars Dagnæs Downloaded by UNIVERSITY OF LIVERPOOL At 07:46 05 October 2014 (PT) Article information: To cite this document: W. Lemoine Lars Dagnæs, (2003),"Globalisation strategies and business organisation of a network of logistics service providers", International Journal of Physical Distribution & Logistics Management, Vol. 33 Iss 3 pp. 209 - 228 Permanent link to this document: http://dx.doi.org/10.1108/09600030310471961 Downloaded on: 05 October 2014, At: 07:46 (PT) References: this document contains references to 44 other documents. To copy this document: permissions@emeraldinsight.com The fulltext of this document has been downloaded 7188 times since 2006* Users who downloaded this article also downloaded: Alain Halley, Alice Guilhon, (1997),"Logistics behaviour of small enterprises: performance, strategy and definition", International Journal of Physical Distribution & Logistics Management, Vol. 27 Iss 8 pp. 475-495 Mohammed Abdur Razzaque, Chang Chen Sheng, (1998),"Outsourcing of logistics functions: a literature survey", International Journal of Physical Distribution & Logistics Management, Vol. 28 Iss 2 pp. 89-107 Abby Day, (1993),"Logistics Information Management", Marketing Intelligence & Planning, Vol. 11 Iss 6 pp. 16-19 Access to this document was...

Words: 9197 - Pages: 37

Premium Essay

Analysis of India's Logistics Industry

...ANALYSIS OF LOGISTICS INDUSTRY : ANALYSIS OF LOGISTICS INDUSTRY By:- Group No. 7 Prijo Mathew Sivaramakrishnan Suvrata Nandy Gaurav Verma Dhinesh Kumar Objectives: Objectives To study in detail about the Global Logistics Industry To study in detail about the Indian Logistics Industry To find out the areas where Logistics Industry in India is lacking To compare the Global Companies (UPS, FedEx and DHL) with the Indian Logistics Companies ( Gati , DTDC and First Flight) INTRODUCTION: INTRODUCTION What is Logistics? Management of flow of goods and services Integration of information, transportation, inventory etc Reduces operational cost, improve delivery performance and enhance customer satisfaction The importance of logistics is growing and now the logistics industry has become highly recognized in the global scenario Evolution of Logistics Industry: Evolution of Logistics Industry Global Scenario of Logistics Industry: Global Scenario of Logistics Industry Size of the Global Logistics Industry Annual logistics cost of the world is USD 3.5 trillion The annual logistics cost in any country varies in between 9% to 20% of their GDP Logistics market in US is 10% of its annual logistics cost Global Logistics industry is estimated to be worth USD 300 billion Largest service providers are located in Europe Biggest market - US Current Status and Dynamics of the Industry: Current Status and Dynamics of the Industry Issues – Pricing pressures, high cost of operations, low...

Words: 1252 - Pages: 6

Premium Essay

Review on Expeditors

...A REVIEW ON LOGISITCS SECTOR AND EXPEDITORS INC. A REVIEW ON LOGISTICS INDUSTRY INTRODUCTION: LOGISTICS: The detailed coordination of a complex operation involving many people, facilities, or supplies and also the organization of moving, housing, and supplying troops and equipment. The term "logistics" originates from the ancient Greek "λόγος" ("logos"—"ratio, word, calculation, reason, speech, oration"). Logistics is considered to have originated in the military's need to supply themselves with arms, ammunition and rations as they moved from their base to a forward position. In ancient Greek, Roman and Byzantine empires, there were military officers with the title ‘Logistikas’ who were responsible for financial management and distribution of supplies. The Oxford English dictionary defines logistics as: “The branch of military science having to do with procuring, maintaining and transporting material, personnel and facilities.”The American Council of Logistics Management defines logistics as “the process of planning, implementing and controlling the efficient and effective flow, and storage of goods, services and related information from the point of origin to the point of consumption for the purpose of conforming to customer requirements.” SIGNIFICANCE OF LOGISTICS: Logistics management is that part of the supply chain which plans, implements and controls the efficient, effective, forward and backward (reverse)...

Words: 8091 - Pages: 33

Premium Essay

Logitics and Supply Chain

...Logistics and Supply Chain Article Analysis In this paper the subject is to discuss, logistics, and the, strategic role within the supply chain. Discuss on how satisfying customer requirements for a product or service by the implications of poor logistics and supply chain management. In addition, review customer satisfaction requirements that influence logistics and have a direct impact on supply chain. Explain an example from personal experience of how inappropriate logistics planning led to customer dissatisfaction and how logistics can play a critical role in customer satisfaction. First, the role of logistics in supply chain is a process of managing the transfer of goods, services, and other sources from the place of manufacturing to the place of consumption. This is to fulfill the order and the demands of the customer. Logistics key role relating with inventory and the aggregation of information. Supply Chain management main objective is to establish a connection between the markets and manufacturing points and distribution of networks in an efficient matter. This will enable the goods and services provided to customers at a low-cost and quality level acceptable. Supply chain management depends on the logistics to be managed in an effective way. Logistics forms the system that ensures the delivery of the product in the entire supply pipeline (Excellence in Supply Management, n.d., p. 1). If the logistics have one stop logistics solutions, they can provide the...

Words: 1041 - Pages: 5

Premium Essay

Operations

...of supply chains Christopher, M. (2011) Logistics and Supply Chain Management (pp. 171-178) 4th ed. FT Prentice-Hall. ISBN 0273681761 These pages describe the main features of globalised supply chains and provide a useful example of the challenges faced by Nike. Rushton , A. Croucher, P. Baker, P. (2010) The Handbook of Logistics and Distribution Management (pp. 23-24) Taschenbuch - Kogan Page. ISBN 9780749457143 This short section considers the need to ‘plan and manage logistics as a complete and integrated system. The global trading system Hoekman, B.M. & Kostecki, M. M. (2009) The political economy of the world trading system from GATT to WTO. 3rd ed. (pp. 7-56) Oxford: Oxford University Press. ISBN 978-0-19-955377-8 This chapter looks at the role of the modern system of international trading agreements in making the globalisation of business possible.   Issues for global supply chains Christopher, M. (2011) Logistics and Supply Chain Management (pp.178-185) 4th ed. FT Prentice-Hall. ISBN 0273681761 These pages consider the importance of visibility in meeting the challenges of global logistics. Rushton , A. Croucher, P. Baker, P. (2010) The Handbook of Logistics and Distribution Management (pp. 62-79) Taschenbuch - Kogan Page. ISBN 9780749457143 This chapter describes the key issues and challenges for logistics. Global sourcing and manufacturing Christopher, M. (2011) Logistics and Supply Chain Management (pp. 184-187) 4th. ed FT Prentice-Hall....

Words: 389 - Pages: 2

Free Essay

Professional Knowledge and Abilities Paper

...The Association Global Logistics and Transportation (NDTA) founded in 1944.As a nonprofit educational association of government, military, and industry professionals dedicated to fostering a strong and efficient global logistics and transportation system in support of national security. Association Global Logistics and Transportation (NDTA) educate members in important issues affecting global Logistics/Transportation issues (Association Global Logistics and Transportation, 2009).NDTA is an Association that can develop professional knowledge and abilities, contribute toward increasing my professional knowledge and abilities and its guiding principle of vision, mission, values, can affect ones career success. According, to the Association Global Logistics and Transportation (2009) website increasing my professional knowledge and abilities by NDTA values: Integrity: Conduct in an open, honest, and ethical manner. Teamwork: Maximize collective talents though teamwork and partnerships based on mutual trust, fairness, respect, cooperation, and communication. Service: Pursue excellence in their endeavors. Take pride in work, anticipate and respond to member and partner needs by providing quality products and services. Action: Association Global Logistics and Transportation (NDTA) considers the ideas of others and then relentlessly press to resolve issues or reach solutions, in a decisively manner. Diversity: Association Global Logistics and Transportation...

Words: 699 - Pages: 3

Premium Essay

World

...SUPPLY CHAIN MANAGEMENT Credit Units: 03 SESSION PLAN- SUPPLY CHAIN MANAGEMENT FACULTY: PROF.A.RAMASWAMY IYENGAR Marks: Hundred. Objective: The aim of this course is to develop the understanding of the various components of the integrated supply chain. The learning is focused on developing the supply chain to suit domestic as well as global markets. Session No | Topic | Pedagogy | Student name | evaluation | 01 | Introduction of Logistics and SCM | Interaction Lecture | Manoj P | | 02 | Evolution of Logistics and Importance of Supply Chain Management in the Overall Organization Functioning, Inter-functional coordination, | PPT & Case study | | | 03 | Customer Focus in Supply Chain, | Lecture | | | 04 | Supply Chain Logistics Operations, | Industry visit | Avinash K | | 05 | Objectives of purchasing, Purchase strategies, Outsourcing in SCM, Vendor Management and Development | PPT Lecture | | | 06 | Liquid Logistics, Cold Chain Operations. | Class room session | | | 07 | Strategic Issues in Supply Chain Management | Group discussion | Priyanka B | | 08 | Value chain and value delivery system, Inter-corporate cooperation, | PPT lecture | | | 09 | Different Modes of Transportation, Choice for Transportation, | Video lecture | | | 10 | Concept of multi-modal transportation and infrastructure needs | Lecture | | | 11 | Third Party Logistics, Fourth Party Logistics, Distribution...

Words: 472 - Pages: 2

Premium Essay

Supply

...Global Logistics Management Melvin L. Simpson American Military University (AMU) Summary Global Logistics Global logistics is a broad and complex process which include different units positioned to help facilitate, and manage the order from start to finish. Unlike like the way logistics works in the U.S. global logistics must also incorporate different customs and courtesies associated with different countries. One example of this would be the European and Afghani culture. Europeans are highly conservative shoppers that requires less use of retail and whole sale stores such as Wal-Mart though they maximize their modes of transportation efficiently. A product being shipped from the U.S. to Europe has a higher success rate than that same product going to Afghanistan. In Afghanistan blue, gold and purple are all colors that is highly favorable meaning signs of wealth. A known product that we acknowledge as black may require to be packed differently if shipped to this country. Global logistics is not only used for the purpose of import and export, but also international trading. Countries such as Costa Rica, Philippines, and Indonesia rely heavily on global logistics to import/export material where their country fall-short to produce on their own. For example: you may find the best quality of Rip Bananas in Costa...

Words: 767 - Pages: 4

Premium Essay

Logistics

...DISTANCE EDUCATION CENTRE Assessment Attachment Form DISTANCE EDUCATION CENTRE Assessment Attachment Form Student ID: Place X if YMCA Singapore student UTAS email address: 176069 | x x | Aj16@postoffice.utas.edu.au | Name and return postal address: Unit code and name: | | JNB225 | Block 216#04-289, | | Unit Co-ordinator: | Bukit Batok St 21, | | Hilary Pateman | Singapore (650216) | | Assessment no.: | 1 | | Due Date: | 18 August 2014 | Date submitted: | 20 August 2014 | Checklist Assignment conforms to the Department’s presentation and referencing guidelines Each page is numbered as per the Department’s guidelines A Reference page is included at the end of the assignment Assignment has been read to check for spelling errors and careless construction The word count is clearly visible on the cover page (exclude assignment question, abstract and list of references in word count) You have kept a copy of this assignment for your own records ------------------------------------------------- Plagiarism Declaration: *By submitting this assignment and cover sheet electronically, in whatever form, you are deemed to have made the declaration set out below. I declare that all material in this assignment is my own work except where there is clear acknowledgment or reference to the work of others and I have complied with and agreed to the University statement on Plagiarism and...

Words: 1959 - Pages: 8

Premium Essay

Hiya

...reflective critical thinkers * Goal Two: Be culturally and ethically aware * Goal Three: Have developed leadership and management capability * Goal Four: Have developed and applied knowledge of international business and management theory * Goal Five: Have developed a range of research skills and project capabilities * Goal Six: (Specialist programmes only) Have developed specialist knowledge about the theory and practice of your programme of study All of the learning that takes place within modules is designed to enable you to achieve the above goals and your assessment tasks are mapped directly to these goals as outlined in each assessment brief. OUTLINE STUDY PLAN 2012/2013 | | Global Supply Chain Management MO0255 | S01 | Week | Lectures | Lecture Topic | Seminar | Recommended Reading | Directed study | 1 | Lecture 1 | Module Introduction | Making the groups of 4-5 studentsCase Study ReviewIntroduction to operation management (Operation Objectives in the Penang Mutiara Hotel) | Slack, N. (2010), sixth Edition, Chapter 2 | -Reading the TLP carefully-Reading stipulated chapters 1, 2 and 3 of the Slack, N. (2010). | | Lecture 2 | Introduction to Global Supply chain and management | | Slack, N. (2010), sixth Edition, Chapter 13 | -Evaluate the supply chain performance in “Siemens”-Evaluate the global sourcing policy within “Levi Strauss” | 2 | Lecture 1 | SC Performance measurement | Case Study ReviewGlobal Supply Chain managementSupplying...

Words: 3348 - Pages: 14