Logistics & Cargo

• Facility location
• Planning
• Forecasting and order management
• Transportation: the mode and the route
• Inventory management: all inventories
• Warehousing
• Protective packaging
• Information: maintenance and flow

Apart from the above functions, logistics also involve the duties like purchasing, plant location, plant layout, etc., and even the disposal of wastes. Taking into account all these functions and seeing the rapidly increasing transportation needs of the world, one can expect how the future prospects are available with Logistics. The budding managers are now facing towards this field because they know that - "The future belongs to Logistics."

Few sentences to define Logistics:  

• Strategically managing the procurement and movement of goods and storage of inventory in all forms."

• The process of strategically managing the procurement, movement and storage of materials, parts and finished inventory (and the related information flows) through the organisation and its marketing channels in such a way that current and future profitability are maximized through the cost-effective fulfillment of orders"

• The study and management of goods and service flows and the associated information that set these in motion."

A general definition can be devised: "Logistics is the delivery of the required goods, at required place, at required time, in required state and to the required person…efficiently."