After completing this chapter, students will be able to: Understand the history of logistics management, define logistics management, appreciate the aims and objectives, distinguish between logistics phases. | 1-1 Logistics Management LSM 730 Dr. Khurrum S. Mughal Lecture 31 1 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 1-2 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 1-3 1-4 Supply Chain Management Defined Interaction between marketing, logistics and production Interactions that take place legally separated firms Importance of Supply Chain . | 1-1 Logistics Management LSM 730 Dr. Khurrum S. Mughal Lecture 31 1 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 1-2 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 1-3 1-4 Supply Chain Management Defined Interaction between marketing, logistics and production Interactions that take place legally separated firms Importance of Supply Chain Relationships 1-5 The Logistics/SC Mission Supply Chain Schematic 1-5 The Supply Chain The process is full of Recurring activities Usually no single source point is located in one place Control of firm over its raw material source and the point of consumption for customers Physical Supply Channel Vs Physical Distribution Channel The reverse logistics channel 1-7 Warehousing Warehousing Transportation Transportation Vendors/plants/ports Transportation Factory Transportation Customers Information flows The Immediate Supply Chain for an Individual Firm 1-2 1-9 Evolution of Supply Chain Management Scope of the Supply Chain for Most Firms Physical distribution Physical supply (Materials management) Business logistics Sources of supply Plants/ operations Customers • Transportation • Inventory maintenance • Order processing • Acquisition • Protective packaging • Warehousing • Materials handling • Information maintenance • Transportation • Inventory maintenance • Order processing • Product .
