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    Physical Distribution Management.

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    shanu
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    © All Rights Reserved
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    Physical Distribution Management.

    Uploaded by

    shanu
    102 views3 pages
    .

    Original Title

    ¨PHYSICAL DISTRIBUTION MANAGEMENT.

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    © © All Rights Reserved

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    © All Rights Reserved
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    Download as docx, pdf, or txt
    102 views3 pages

    Physical Distribution Management.

    Uploaded by

    shanu
    .

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 3

    PHYSICAL DISTRIBUTION MANAGEMENT.

    SUPPLY CHAIN MANAGEMENT?


    Supply Chain Management [SCM] refers to the physical network that begins with
    supplier and end with customers. Internally SCM involves seamless integration of
    logistics with the other functional area and externally, works to achieve integration
    with other trading partners and service company.
    SCM entails:
    Management of flow of goods from the supplier to the final user.
    System wide coordination of product and information flows. Development of
    relations and integration of all activities that provide customer value.
    Inventory Management?
    The main function of inventory management is to minimize inventory cost, subject to
    demand and services constraint .It deal with guiding a firm with respect to
    Row materials and finished goods stocking policies.
    Short-term sales forecasting.
    Number size and location of stocking points.
    Just in time, pull push strategies.
    Logistics in India
    Studies revel that in India total logistics cost constitute nearly 10% of national GNP
    out of which 40% is due to transportation alone.
    The RITES report on commodity flow for total transport system study of the planning
    commission, government of India, states that import elements of total logistics cost in
    India are produced inventory at source.

    INVENTORY MANAGEMENT
    Types of inventory: TRANSITION INVENTORY: This is inventory currently undergoing transformation and function as a
    vehicle for profit generation.. It can be either in form of working progress or in the
    form of finished goods. The finished goods transition inventory can either be
    undergoing quality checker could be in the process of being transported from the
    point of consumption.
    BUFFER INVENTORY: This is the inventory which i
    WHAT IS LOGISTICS MANAGEMENT?

    Logistics is concerned with getting product and services where they are needed,
    when they are also desired. Logistics is a activity that never stop.
    Logistics involves two major operations:
    MATERIAL MANAGEMENT.
    PHYSICAL DISTRIBUTION MANAGEMENT.
    SUPPLY CHAIN MANAGEMENT?
    Supply Chain Management [SCM] refers to the physical network that begins with
    supplier and end with customers. Internally SCM involves seamless integration of
    logistics with the other functional area and externally, works to achieve integration
    with other trading partners and service company.
    SCM entails:
    Management of flow of goods from the supplier to the final user.

    System wide coordination of product and information flows. Development of


    relations and integration of all activities that provide customer value.
    Inventory Management?
    The main function of inventory management is to minimize inventory cost, subject to
    demand and services constraint .It deal with guiding a firm with respect to
    Row materials and finished goods stocking policies.
    Short-term sales forecasting.
    Number size and location of stocking points.
    Just in time, pull push strategies.
    Logistics in India
    Studies revel that in India total logistics cost constitute nearly 10% of national GNP
    out of which 40% is due to transportation alone.
    The RITES report on commodity flow for total transport system study of the planning
    commission, government of India, states that import elements of total logistics cost in
    India are produced inventory at source.
    INVENTORY MANAGEMENT
    Types of inventory: TRANSITION INVENTORY: This is inventory currently undergoing transformation and function as a vehicle for
    profit generation.. It can be either in form of working progress or in the form of
    finished goods. The finished goods transition inventory can either be undergoing
    quality checker could be in the process of being transported from the point of
    consumptio

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