How to comprehend business and management logistics

1. Definitions of Logistics
Management
Dr Nagarajan G
Professor, MBA Department and Research
RajaRajeswari College of Engineering,
Mysore Road Bengaluru-560074

2. Definitions of Logistics Management
• According to Martin Christopher, logistics is the
strategic management of the procurement, movement,
and storage of materials, parts, and finished inventory.
• Philip Kotler defines logistics as the planning,
implementation, and control of the physical flows of
materials and finished goods from point of origin to
point of use.
• According to ASCM, logistics is the process and
coordination of products, raw materials, and services
across the supply chain

3. According to Wikipedia, logistics is the
process of planning, implementing, and
controlling the efficient, cost-effective flow of
raw materials, in-process inventory, finished
goods, and related information.
According to TechTarget, logistics is the
process of planning and executing the efficient
transportation and storage of goods from the
point of origin to the point of consumption.

4. •How to comprehend business and management logistics
Simply expressed, the objective of logistics management is to have
the correct amount of a resource or input at the right time, get it to
the right location in good condition, and deliver it to the right
customer, whether they are within or external to the organization.
Logistics is managing pipelines, vehicles, storage facilities, and
distribution centers that handle oil as it moves along the supply
chain.

5. A supply chain that works well and doesn't cost too
much and good logistics are important for keeping
and improving efficiency while lowering costs.
Logistics problems lead to late deliveries and not
meeting customers' needs, which hurts the company in
the long run.
The idea of corporate logistics has changed since
the 1960s.
The need for supply chain logisticians has grown
because it's getting harder to get organizations the
goods and resources they need and because supply
chains are becoming more global.

6. • In the modern world, the growth of technology and the complexity of
logistics procedures have led to logistics management software and
logistics-focused businesses that speed up the flow of resources
through the supply chain.
• Large online stores like Amazon have grown to take over the retail
market partly because their supply chain logistics are generally new
and work well.
• If it is more cost-effective, a manufacturing company may choose to
have logistics handled by professionals instead of their employees.
Things to think about
Logistics is the process of getting resources, storing them, and moving
them to where they need to go.
• If a business's logistics aren't good, it could hurt its bottom line.
• Logistics is a term used by many businesses, especially those in the
industrial sector, to describe how resources are managed and
moved along the supply chain.

7. Particulars to Keep in Mind
From industry to industry, the tasks of a logistician can be
rather different from one company to the next. The primary
duties include overseeing and managing commodities by
ensuring that they are transported and stored in the most
efficient manner possible.
Logisticians are responsible for overseeing the flow of goods
and resources via the supply chain.
As part of business education, supply chain management and
logistics courses are widely provided as obligatory, elective, or
even self-study courses.
Logisticians typically need an MBA or a technical degree like
systems analysis or database administration to get a well-paid

8. What are some examples of logistics?
Planning an invasion by the military is an example of logistics.
Panning and operation activities of the military are a fine example
of logistics. The part of military operations deals with getting
supplies and people, distributing them, keeping them in good
shape, and replacing them.
What is a logistics job?
Logistics Managers are professionals whose job is to make sure
that their company's supply chain works well and efficiently. They
make sure that items and resources get where they need to go by
organizing, storing, and keeping an eye on the distribution of
goods.
What do people in the logistics field do?
As a logistics worker, you ensure that goods and materials get
where they need to go and are stored. You work to make sure
that the company's supply chain works well and can meet
business goals. This makes sure that production goals are met
and that customers get the products they ordered.