ELEMENTS OF LOGISTICS &

SUPPLY CHAIN MANAGEMENT

UNIT I :1. BACKGROUND– Defn of logistics , Importance– Operational objectives(Rap res, Min Inv, Min Var, Mov Con, Qual, Life

cyl supp)– Link between all logistical functions– Note on :• Logistical Mission ( Creating Value at Min cost)• Performance cycles• Order processing cycle• 3 c’s• Interface of Logistics with Mktg (4P’s)

– Evolution of Logistics– Difference between :• 3rd party & 4th party• Inbound & Outbound logistics

2. SUPPLY CHAIN MANAGEMENT :– Defn of SCM , Importance– Difference between Logistics & Supply chain Mgt– Participants in the SCM ( Suppliers, Mfgrs, Distributors, Customers)– Bullwhip Effect ( difference in outlook, functioning, judgement etc.)

3. CUSTOMER SERVICE :– Defn of Customer Service, Objectives ( Cust Exp, Comt Edge, perf Order)– Categories of Elements of CS (Pre, during, post transaction)– Dimensions ( Time, Dependability, Convenience, Customization, Commucn)– Perfect Order ( 7 R’s)

4. FORECASTING :– Defn of forecasting– Fill Rate ( case, line, order )– Types ( demand, supply, price)– Approaches ( top-down approach, bottom top approach)– Techniques ( Qualitative, Quantitative)– problems on moving avg– Responsive Organization ( Speed & reliability in process, performance, relation

with customers)

UNIT II :1. TRANSPORTATION :

– Defn– Functions ( product movement , product storage)– Principles ( Economies of load, distance)– Participants, Infrastructure – 6 different modes, advantages, disadvantages– Factors affecting Transportation costs (Product, market related factors)– Note on:

• Subclassification in roadways ( Common, private, contract, exempt)• transportation costs ( fixed, variable, joint , common)• Intermodal transportation (piggyback, fishyback, birdyback, land bridge, mini

land, micro bridge)

2. WAREHOUSING :– Defn & Importance– Decisions reg location, layout, no. of warehouses, Types of warehouses (Synergies)– Economic & Service benefits of warehousing– (MC, BB, CD, PPT, SP) (Assortmt, Mixing, PS, Mkt Pres)– Difference between Distribution Centre and Warehouse– Note on Square Root Law ( X2= X1√N2/N1)

3. MATERIAL HANDLING :– Defn , objectives– Principles– Types (type of equipment, material , method, function oriented systems)

4. PACKAGING :– Defn, Functions (protection, convenience, communication)– Objectives ( customer service, protection, ease in handling, less cost)– types ( Consumer & Industrial )– Note on – Unitization, Palletization, Containerization

UNIT III :1. INVENTORY :

– Defn, Significance (Uncertainties, EOS, Balance, Splization, seasonal inv )– its relation with profitability– Inventory approaches ( Perpetual & Periodic)– Selective control techniques (XYZ, FSN,ABC, VED, HML,GOLF, SDE, SOS)– EOQ- Assumptions & limitations, formula ( √ 2ACo/ Ci )– MRP, DRP, JIT– Simple problems on EOQ, Reorder Qty.– Types of inventory, Quadrant Technique, Inventory costs

2. INFORMATION MGT :– Defn, Principles (Availability, Timeliness, Accuracy, Flexibility, App format, Excpt– Types of Info ( External , Internal )– LIS functionality– Note on EDI, RFID, GPS etc

UNIT IV:1. PERFORMANCE MEASUREMENT :

– Significance– Objectives . ( Monitoring, directing, controlling measures)– Basis of Classification of Performance Measurement

• Activity & Process based, External & Internal performance measures)

2. Costing :– Traditional & Modern Costing– ABC & MBC– Total Cost Concept

3. LOGISTICAL NETWORK ANALYSIS :– Networks with & without milk runs

4. MODERN LOGISTICS INFRASTRUCTURE :– Note on-

a. Container Freight Stationsb. Deep Water Portsc. Inland Container Depotsd. Logistic Parkse. Golden Quadrilateral Network of highwaysf. Cold Storageg. Dedicated Freight Corridor