What is Logistics and Supply Chain Management (SCM) – “Logistics and supply chain management” is basically ensuring that all the material is delivered to the right place at the right time to make sure that a job or a business objective is completed.
Logistics and Supply Chain Management Defination – This is the process of effectively planning and fulfilling the efficient transportation and storage of goods from the one point from the origin to the end point of consumption. The main goal of logistics is to meet customer requirements within on time with effective cost manner.
Logistics and Supply Chain Management Meaning with Examples – Logistics state to the complete process of management how resources are acquired, warehoused, and transported to their last destination. Logistics management contains identifying prospective distributors and suppliers and determining their efficiency and accessibility. Logistics managers or leaders are referred to as logisticians.
Logistics and Supply Chain Mean – Originally, logistics and supply chain played the vital role of moving military equipment and goods. While logistics as important as ever in the military, the term today is more commonly used in the context of moving commercial goods within the supply chain.
Logistics and Supply Chain Business – Many companies specialize services provided in logistics, providing the service to big manufacturers, small retailers and all types of other industries with a large need to transport goods. Some on the full range of infrastructure, from jet planes to trucks, warehouses and software, while others are specialized in one or two parts. There are some well-known companies likes –FedEx, UPS and DHL which provided their logistics services to all over the world.
Normally, large manufacturers or retailers has their own major parts of their logistics networks. Most companies, however, outsource the function to a third-party logistics provider which we called – 3PL.
Logistics and Supply Chain Management Process
The logistics of physical items usually include the combination of information flow, Production, inventory, packaging, transportation, materials handling, warehousing, and often security. Logistics and supply chain management is one single part of logistics which have hue scope. Hope you understand what is Logistics and supply chain management. Now we talk about logistics Business, Logistics Types and top 10 logistics companies.
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2 – Types of Logistics and Supply Chain Management –
There are many types of logistics and supply chain management (SCM). The most famous type is that products from the manufacturer to the customer. Furthermore, there are a number of other types of logistics, such as which is the movement of raw materials and parts, production logistics which is the movement of materials inside an industrial unit or business, recovery logistics which is the return movement of returns from customers and waste, and recycling logistics which is the movement of recyclable materials. This section defines the types and fields of logistics in detailed.
- Logistics Fields –
- Procurement Logistics: Procuring Raw Materials and Parts
- Production Logistics: Materials Management, Distribution in Factories, Product Management, Shipping
- Sales Logistics: Delivery from Warehouse to Wholesalers, Retailers, and end Consumers
- Recovery Logistics: Recovering and Recycling Products, Containers, and Packaging
- Recycling Logistics: Recovering and Recycling Recyclable Products and Containers
- I think you are understand what is Logistics and supply chain management. Now we talk about logistics Business, Logistics Types and top 10 logistics companies.
3- Logistics & Supply Chain Management Fields
Logistics can be divided into five categories by field: procurement logistics, production logistics, sales logistics, recovery logistics, and recycling logistics. Each of these is clarified in detail, but first we should learn about logistics fields and types. For recovery logistics and recycling logistics, both types are the same up to the recovery of goods from consumers, but recycling logistics is the type that reutilizes the goods that are collected.
Besides of above there are mainly Three types of logistics services –
4 – Three Types of Logistics & Supply Chain Management (SCM)
When you start a new company, transporting your goods is as importing as you manufacture them. that time you the best way to all your goods to various s at any time when it necessary. Most of people think that distribution is a simple procedure that could be done easily, but it is not so. Below are the benefits and difficulty of all three types of logistics services –
1- In House Logistics –
- The benefit of In-House logistics is that you can have a specialized logistics team with you in your business to help you to do the best and safest transportation to your goods.
- The In-House Logistics also has a great drawback. In this types the company is made to spend a large amount on the specialists helping in the logistics. The specialized experts charge around $80,000 to $90,000 to give the logistics support to the company.
2- Third Party Logistics –
- The ultimate benefit in the third party logistics is that the complete shipping and transportation process is controlled by the 3PL service provider. They take the entire management in transportation the goods from the initial point to the last destination point including the shipping, air freight and the warehouse arrangement.
- The major drawback that the client face with the 3PL service provider are the high expenditures they are made to spend on the transportation and lack of communication with the service providers.
3- TMS Logistics Software –
- The TMS logistics software is the best and the utmost economic method of logistics services. This is user friendly software that will help you to do your own logistics service and in this type you will not need to get the assistance from any expert to handle it. If you want to handle your own logistics service, then getting the logistics software would be the best choice.
- The drawback in the logistics software is that it wants the company to makes it transportation decision based on the software they use. The company will mostly not like to take their decision based on any software.
Top 10 Logistics Company Names in India –
Check the list of Top 10 logistics companies in India below –
Allcargo Logistics Ltd was established in the year of 1993 in Mumbai. It is one of the top 10 logistics companies in India. It is offering multi modal transportation services. This leading logistic firm headquartered in India and the part of Avvashya Group. It offers a different kind of multi modal transport services includes less than container load, non-vessel-operating common carrier, and full container load. It is one of the best logistics companies in India. It also offers pan India container freight stations, third party logistics, inland container depots, ship owning, warehousing and chartering.
Agarwal Packers and Movers Ltd is also one of the top 10 logistics companies in India. It is progressed from a small scale business of Agarwal Household Carrier established in the year 1987. The company is one of the leading providers of packing and moving services in all over the india.
Agarwal Packers and Movers company expanded its business includes Transportation, Aviation Logistics, Packing and Moving (nationally as well as internationally), 3PL, ODC Transportation, Warehousing, Home Storage, Supply Chain, Cube-on-line Freight station and other related activities.
The company is one of the leading providers of household goods transportation services. The company has launched many innovative products-
- 1st Close Body Truck – launched in 1995 and supplied to Samsung.
- 1st Portable Home – launched in 2001
- 1st Cube – launched in 2014
Container Corporation of India Ltd. (CONCOR), is a Navratna Public sector undertaking under the Indian Ministry of Railways. CONCOR operates three core businesses: cargo carrier; terminal operator, and warehouse operator.
DHL Express India Pvt is one of the top best logistics companies in India. It is an international logistics company spreading in more than 200 countries and territories and continuous growing across the globe.
DHL is part of the world’s leading postal and logistics company-‘Deutsche Post DHL Group’ and encompasses the business units DHL Parcel, DHL Freight, DHL Express, DHL Supply Chain DHL eCommerce, DHL Global Forwarding. The company offers various services such as- International express delivery solution, express delivery solution, global forwarding, by Rail, Sea, Air and Road, freight transportation, supply chain solutions, warehousing and distribution services etc. The company was established in the year 1969 and has its headquarters located in Mumbai, Maharashtra.
Blue Dart Express Ltd was established in the year 1994 and is headquartered in Chennai, Tamil Nadu, India. It is one of the top 10 logistics companies in India. It is one of the leading global brands. It is South Asia’s premier courier and integrated express package distribution company. The company is voted as a super brand for 9th consecutive year. The company provides all kinds of logistics related solutions with full safety and security. Blue Dart has its warehouses located in 85 different locations in the country
The company was founded in the year 1971 by Mr. Frederick W. Smith. FedEx Express is the world largest express transportation company. The company is Industry global leader. It is providing reliable shipment in different countries and territories. The company is recognized for its unmatchable technology an overnight shipping services. The company has its operations in more than 220 plus countries and continuous expend it. The company has different solutions for all kinds of shipments- heavy weight, light weight, standard delivery, express delivery etc.
First Flight Couriers Ltd was founded in the year 1986. The company has international offices. It has also emerged as the global player. The company is known for its speedily and timely delivery of goods. The services offered by the company are- International courier services, domestic courier services, reverse logistics, priority courier, e-commerce logistics, air cargo, train cargo etc. The company is one of the best logistics companies in India.
Gati Ltd is one of the top 10 logistics companies in India which is known for its best courier services. The company was founded in the year 1989 and is headquartered in India. The company provides all kinds of logistics and courier related solutions such as, International courier services, domestic courier services, reverse logistics, priority courier, e-commerce logistics, air cargo, train cargo etc.
Transport Corporation Of India Ltd was founded in the year 1958. It is headquartered in Gurgaon, Haryana. Transport Corporation of India Limited is an integrated multi-modal logistics and supply chain solutions provider in India with a Global presence, headquartered in Gurugram, Haryana, India.
Sical Logistics Ltd is India’s leading integrated logistics solutions provider with over 5 decades of experience in providing end to end logistics solutions. The company was founded in the year 1955. Sical is one of the few ‘Made In India’ organizations with a strong network having independent operations countrywide. The company’s divisions include Port Handling, Road Logistics, Retail Supply Chain Solutions, Customs House Agency, Ship Agency & Goodwill Travels Division.
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