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How do one plan for contingency planning and managing the risk involved in logistics and transport?
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What is business logistics management?
process of managing goods from the point of origin upto the point of ultimate consumption
What does the logistics department do?
Logistics is considered to be the complete process involving planning, managing and controlling the flow of goods and services, information, real-time data and human resources from the point of origin to the point of destination. There is hardly any manufacturing or marketing activity that can be achieved without the support of an effective logistical department. The logistics process consists of the process of integration of several aspects such as material handling, warehousing, information, transportation, packaging and inventory. The primary duty of an effective logistics system is to ensure geographical repositioning of unfinished goods, and it is also concerned with the finished inventories of the organization being at the required place at the lowest possible cost. The logistics department is entrusted with the responsibilities of ensuring that the entire process of logistics is maintained and developed in accordance with the goals of the business at an economical cost. The tasks of the logistics department involve storage, distribution, warehousing, movement of goods from one place to another (internally or externally), tracking and delivery of goods. It includes a complete process of planning, managing, controlling and coordination to make sure that the goods reach the right place, at the right time, for the right cost and in a right condition. The various tasks performed by the department may be summarized as follows: 1. Ensuring all the requirements of the customers are met on time in an efficient and safe manner. 2. To coordinate with third party logistics (3PLs). 3. To ensure that there is a safe and timely dispatch of goods. 4. To draft plans, policies and procedures for successful implementation of logistics system. 5. To ensure that the business goals of the organization are in synchronization with logistics system. 6. To create and maintain customer support. 7. To maintain coordination with vendors, service providers and transport carriers. 8. To ensure that no fraud is committed. 9. To ensure timely supply and payment of goods and reduce inventories.
4 activities a project manager may have to perform?
- Managing conflicts- Managing risks- Managing team members- Managing stakeholders
What is the difference between managing operations and managing projects?
Managing operations means that managers manage various, continuous tasks daily. Managing a project means that managers are managing activities that will end at a set time.
Is there a Managing director or a general manager in a bank?
yes, definaltely some of the banker is involved in this fraud, because they issued an authority letter to release the goods from custom (air) department but did not send the payment to us (exporter).
Are logistics and commerce the same concept?
No it isn't. Logistics is more about managing flows (physical or not). However, they are closely related and tend to mix into the same function in some fields, such as international transport for example. On the opposite, scheduling tasks in a production chain concerns logistics but not commerce. I hope this answers your question.
What is logistics department?
The logistics department is a section of a company which manages logistics to ensure the business is successful. Some of the key aspects of logistics include controlling stock levels, operating storage facilities and transporting goods. The resources used by the logistics department often include finance (managing budgets), people (managing HR) and computer systems (managing IT). Typical assets include commercial property and vehicle fleets.
How is managing the WAN recovery related to contingency planning?
This sounds like a test question.
What is logistics?
These companies provide a range of logistics services, including: Transportation: Road transport, rail transport, air cargo, and sea cargo. Warehousing: Storage and distribution of goods in warehouses. Freight forwarding: Managing the movement of goods from one place to another, including customs clearance. The logistics sector in India is expected to grow rapidly in the coming years, driven by factors such as the growth of e-commerce, increasing demand for organized retail, and the government's focus on improving infrastructure.
What is business logistics?
process of managing goods from the point of origin upto the point of ultimate consumption
What is business logistics management?
process of managing goods from the point of origin upto the point of ultimate consumption
What is the role of logistics in supply management?
The role of logistics in supply management is to ensure that products are delivered on time and in good condition. It also includes managing inventory and procurement, as well as pricing.
Explain how the contingency approach differs from the early theories of management?
The contingency approach is different from early management theories because it advices managers to treat every situation as unique. There is no super way of managing every situation.
What is the definition of contingency approach to management?
An Approach that say that organisations are different face, different situation and require different ways of managing.
What is the role and functions of logistics manager?
A logistics manager has many roles and functions but their primary role is to manage the in or out (or both) flow of the products they send or receive. This includes securing transportation, managing sending/receiving schedules, managing labor and monetary resources, and complying with all dock and transportation regulations.
Diffenence between international logistics and domestic logistics?
Domestic logistics overlooks the distribution of goods within a country. International logistics overlooks the distribution of goods beyond country boundaries. Managing logistics in domestic regions is quite different from managing logistics internationally. This is because of the much narrower geographic scope in a domestic setting. It is easy to build trustworthy relationships domestically. In international cases, different country regulations, geography and economic roadblocks present more challenges in building reliable relationships.For more info visit: Agility(dot)com
Why reverse logistics plays such important role in logistics?
Reverse logistics refers to the process of managing the return, repair, refurbishment, and disposal of products and materials after they have been sold to customers. It involves the management of products, including those that are defective, damaged, or no longer needed, as well as the recovery of materials for reuse or recycling. Reverse logistics is an important aspect of supply chain management, as it helps businesses optimize their operations and minimize waste. By efficiently managing the return of products and materials, businesses can reduce costs, improve customer satisfaction, and increase sustainability. Reverse logistics also plays a critical role in managing the environmental impact of businesses, as it enables the recovery and reuse of materials that would otherwise be discarded.
