Logistics scm

Bureau of Labor Statistics, U. Friday, April 13, What They Do The What They Do tab describes the typical duties and responsibilities of workers in the occupation, including what tools and equipment they use and how closely they are supervised. This tab also covers different types of occupational specialties. Work Environment The Work Environment tab includes the number of jobs held in the occupation and describes the workplace, the level of physical activity expected, and typical hours worked.

What is Logistics and Supply Chain Management? What is the definition of Logistics and Supply Chain Management?

Supply chain management - Wikipedia

Also, traditional logistics focuses its attention on activities such as procurement, distribution, maintenance, and inventory management. Coyle et al In the past, various tasks were under different departments, but now they are under the same department and report to the same head as below, What is Logistics Management?

In contrast, Outbound Logistics refers to movement of finished goods from your company to customers" To illustrate this term, we make a small graphic as below, As you can see, purchasing and warehouse function communicates with suppliers and sometimes called "supplier facing function".

Production planning and inventory control function is the center point of this chart. Customer service and transport function communicates with customers and sometimes called "customer-facing functions.

What are the Transport and Logistics? These are one of the most ambiguous groups of terms out there. They are used interchangeably and Logistics scm referred to international production and transportation activities.

However, the most concise definition is as below, "International Logistics focuses on how to manage and control overseas activities effectively as a single business unit. The result was the inception of another concept.

The 4PL is the concept proposed by Accenture Ltd in and it was defined as below, "Fourth Party Logistics or 4PL refers to a party who works on behalf of the client to do contract negotiations and management of performance of 3PL providers, including the design of the whole supply chain network and control of day-to-day operations" You may wonder if a 4PL provider is really needed.

Each researcher defines supply chain management differently. However, we would like to provide the simple definition as below, "Supply Chain Management SCM refers to the coordination of production, inventory, location, and transportation among the participants in a supply chain to achieve the best mix of responsiveness and efficiency for the market being served" -Michael Hugos What is Supply Chain Network?

Many companies have the department that controls various activities within the supply chain. So the people are led to believe that SCM is a "function" which it's not.

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It is actually a "network" consists of many players as below, A generic supply chain structure is as simple as Supplier, Manufacturer, Wholesaler and Retailer it's more complex in the real world but a simple illustration serves the purpose.

The word "management" can be explained briefly as "planning, implementing, controlling". Supply Chain Management is then the planning, implementing and controlling the networks.

What is Information Sharing? Another important attribute of supply chain management is the flow of material, information, and finance money.

Even though there are 3 types of flow, the most important one is information flow aka information sharing. Let's see the example of this through the simplified version of the bullwhip effect as below, When demand data is not shared, each player in the same supply chain must make some sort of speculation.

According to the above graphic, the retailer has a demand for units, but each player tends to keep stock more and more at every step of the way. This results in higher costs for everyone in the same supply chain.

When information is shared from retailer down to supplier, everyone doesn't have to keep stock that much. The result is a lower cost for everyone. What is Supply Chain Coordination?

Highlights

Information sharing requires a certain degree of "coordination" it's also referred to as collaboration or integration in scholarly articles. Do you wonder when people started working together as a network? Incompanies in the apparel business worked together to reduce overall lead-time.

Incompanies in the automotive industry used Electronic Data Interchange to share information. So, working as a "chain" is the real world practice.

What are Conflicting Objectives? Working as a network requires the same objective, but this is often not the case even with someone in the same company. For example, purchasing people always place the orders to the cheapest vendors with a very long lead-time but production people need material more quickly.Workers in the logistics and supply chain management (SCM) field make sure that goods and services get into the hands of consumers.

The logistics industry . Logisticians analyze and coordinate an organization’s supply chain—the system that moves a product from supplier to consumer.

They manage the entire life cycle of a product, which includes how a product is acquired, allocated, and nationwidesecretarial.com-the-job training: None. SCM Logistics World aims at bringing together industry practitioners and representatives from related fields to explore the prospect of industry development, form collaboration opportunity and build a business network/5(3).

Logistics Management is a fraction of Supply Chain Management.

Logistics is a process of movement of goods across the supply chain of a company. However, this process consists of various functions that have to be properly managed to bring effectiveness and efficiency to the supply chain of the organization. Supply chain management is an overarching concept that links together multiple processes to achieve competitive advantage, while logistics refers to the movement, storage and flow of goods, services and information within the overall supply chain. Logistics Management is a fraction of Supply Chain Management. Supply Chain Management is the new version of Logistics Management.

Supply Chain Management is the new version of Logistics Management. "Logistics typically refers to activities that occur within the boundaries of a single organization and Supply Chain refers to networks of companies that work together and coordinate their actions to deliver a .

The terms logistics and supply chain management are sometimes used interchangeably. Some say there is no difference between the two terms, that supply chain management is the “new” logistics.