Logistics involves managing the flow of goods, information, and resources from raw materials to finished goods. This includes receiving, warehousing, inventory control, transportation, and distribution. Supply chain management coordinates this process across organizations and uses information technology like electronic data interchange and radio frequency identification to increase efficiency and flexibility. Software tools from companies like i2 Technologies and Manugistics help coordinate planning and operations across supply chain partners.
3. Logistics Logistics is the management of the flow of goods, information and other resources, including energy and people To provide the right goods at the right time in the right quantity at the right place. Support activity for both purchasing and sales The management of goods from Raw materials to Finished goods Receiving, Warehousing, Inventory control, Scheduling, Transportation, Distribution.. Managing the in-bound movement as well as outbound
4. Logistics Web enabled automated warehousing operations Real time shipment information Freight tracking web-pages GPS to monitor vehicle movements
5. Supply Chain Management Supply Chain Management is a movement and storage of raw materials, work-in-process inventory, and finished goods from point of production to point of consumption (supply chain). I.T has played a vital role in Supply Chain Management. It objectives are Proper synchronization of supply chain. Reduce variability (late deliveries, equipment breakdowns, etc). Increase speed, efficiency and flexibility. Clear communications and quick response.
6. Supply Chain Management Various Technology used among supply chain managers Electronic Data Interchange. Barcode and radio frequency systems. Expert Software's. Internet and web technologies.
8. Software SCM software helps in coordinating planning & operations. With the partners in the industry Also helps in developing demand forecasts, using information from each participant in the supply chain Also helps with warehousing and transportation management. Major software firms : i2 Technologies Manugistics
9. Software i2 Technologies : RHYTHM Manages planning, supply planning and demand fulfillment Examines buying patterns & generates continuously updated forecasts Supply planning module coordinates Distribution logistics Inventory level forecasting Supply allocations Demand fulfillment handles execution elements Order management Customer Verification Order fulfillment