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Concepts of Logistics management are to supply chain which plans, implements and controls the efficient, effective forward and reverse flow and storage of goods, services and related information between the point of origin and the point of consumption in order to meet customer and legal requirements.

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Q: What are the concepts of logistics management?
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Does production management come under logistics management?

No, logistics management is generally a peer to production management.


What are the three important concepts of Logistics management?

The cost trade off The total cost concept The total system concept


What is the concept of logistics management?

Concepts of Logistics management are to supply chain which plans, implements and controls the efficient, effective forward and reverse flow and storage of goods, services and related information between the point of origin and the point of consumption in order to meet customer and legal requirements


What are the principles of logistics management?

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What is the aspect of logistics management that relate to organisation and implementation?

The aspects of logistics management that relates to the organisation and implementation include?


What are the advantages of specification in logistics management?

what are the advantages of specifications in logistic management


What is the difference between marketing concepts and marketing management concepts?

demand management and consumer relationship


What are the three important concepts relevant to the logistics management by an organization?

An organization's logistics management involves efficiently regulating the flow of goods and services all the way from their point of origin to the final recipient of the good or service - the consumer. In order to accomplish this effectively, an organization must integrate, in the most efficient manner it possibly can, its three most important elements: time, resources and people.


Where is management information system currently used?

Logistics


What are 5 p's of logistics management?

the 4 p's of operationa management are: people parts plants processes planning system


Explain the function of logistics management?

The function of logistics management is to ensure smooth running of the business. It ensures that good or services are availed wherever they are need at the time required.


Objectives of logistics management?

There are many objectives of logistics management. They include operating objectives, rapid response, minimum inventory, minimum variance, movement consolidation, and quality improvement.