After studying this chapter you will be able to understand: 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. | 1-1 Logistics Management LSM 730 Dr. Khurrum S. Mughal Lecture 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 - Journal of Business Logistics 1-3 1-4 Business Logistics/Supply Chain—A Vital Subject The supply chain is simply another way of saying “the whole process of business.” Peter Drucker, 1969 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 Managing Individually Vs Coordinated Management 1-6 Logistics Defined Warehousing Warehousing Transportation Transportation Vendors/plants/ports Transportation Factory Transportation Customers Information flows 1-2 | 1-1 Logistics Management LSM 730 Dr. Khurrum S. Mughal Lecture 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 - Journal of Business Logistics 1-3 1-4 Business Logistics/Supply Chain—A Vital Subject The supply chain is simply another way of saying “the whole process of business.” Peter Drucker, 1969 4 Introduction Needs