Logistic Industry and its types
Posted on: March 12 2020, By : Drishti Khimshia
Logistics is generally the organization and implementation of a complex operation. In a general business sense, logistics is the management of the flow of things between the point of origin and the point of consumption to meet requirements of customers or corporations. The resources managed in logistics may include tangible goods such as materials, equipment and supplies, as well as food and other consumable items. The logistics of physical items usually involves the integration of information flow, materials handling, production, packaging, inventory, transportation, warehousing and often security. Logistics Recruitment Agency in London hires candidates who have knowledge about the industry.
In military science, logistics is concerned with maintaining army supply lines while disrupting those of the enemy, since an armed force without resources and transportation is defenseless. Military logistics was already practices in the ancient world and as modern military have a significant need for logistics solutions, advanced implementations have been developed. Logistics and Transport Recruitment Agency in London understand the scenario of this industry with various sectors.
Logistics management is the part of supply chain management and Supply chain engineering that plans, implements and controls the efficient, effective forward and reverse flow and storage of goods, services and related information between point of origin and point of consumption to meet customer’s requirements. The complexity of logistics can be modeled, analyzed, visualized, and optimized by dedicated simulation software. The distribution recruitment agency in London analyzes the logistics market and plans accordingly. The logistic recruitment services in London know all the types and what type of requirement is there in the companies. They hire candidates based on the profile mentioned by the clients/companies.
Types of Logistics:
Inbound Logistics – is one of the primary processes of logistics concentrating on purchasing and arranging the inbound movement of materials, parts or unfinished inventory from suppliers to manufacturing or assembly plants, warehouses or retail stores.
Outbound Logistics – is the process related to the storage and movement of the final product and the related information flows from the end of the production line to the end user.
Procurement Logistics – consists of activities such as market research, requirements planning, make-or-buy decisions, supplier management, ordering, and order controlling. The targets in procurement logistics might be contradictory: Maximizing efficiency by concentrating on core competencies, outsourcing while maintaining the autonomy of the company, or minimizing procurement costs while maximizing security within the supply process.
Global Logistics – is technically the process of managing the flow of goods through hat is called a supply chain, from its place of production, to other parts of the world. This often requires an intermodal transport systems, transport via ocean, air, rail or truck.
Distribution Logistics – has as main tasks, the delivery of the finished products to the customer. It consists of order processing, warehousing, and transportation. Distribution logistics is necessary because the time, place and quantity of production differ with the time, place and quantity of consumption.
Disposal Logistics – has as its main function to reduce logistics costs and enhance services related to the disposal of waste produced during the operation of a business.
Reverse Logistics – denotes all those operations related to the reuse of products and materials. The reverse logistics process includes the management and the sale of surpluses, as well as products being returned to vendors from buyers. Reverse logistics stands for all operations related to the reuse of products and materials. It is the process of planning, implementing, and controlling the efficient, cost effective flow of raw materials, in-process inventory, finished goods and related information from the point of consumption to the point of origin for the purpose of recapturing value or proper disposal.
Green Logistics – describes all attempts to measure and minimize the ecological impact of logistics activities. This includes all activities of the forward and reverse flows. This can be achieved through intermodal freight transport, path optimization, vehicle saturation and city logistics.
Construction Logistics - has been employed by civilizations for thousands of years. Now the construction logistics emerged as vital part of construction. In the past few years construction logistics has emerged as a different field of knowledge and study within the subject of supply chain management and logistics.
Digital Logistics - is driven by a new generation of web-based, enterprise logistics applications that enable collaboration and optimization, leveraging a central logistics information backbone that provides visibility across the enterprise and extend supply chain.
The logistics recruitment consultants in UK hire candidates based on their qualification and the type of logistics specialization. The London recruitment agency in UK makes sure that the companies get what they ask for. The candidates are only hired by them when they meet all the requirements of the firm.
7R’s of Logistics:
1. Right Product – A company who offers this kind of service must first know the kind of products that they are going to handle and transport. Having the right knowledge will give you an advantage to properly and efficiently manage both your time and resources.
2. Right Place – The right product must be delivered to the right place. Courier services provided by an LMS company must have knowledgeable drivers as well as a systematic system and tracking. Both customer and the provider must have a synchronized location tracking to ensure that the products are delivered to the right place.
3. Right Price – Pricing is very essential and all products and services. They must have an appropriate price value in order to track the company income and expenses. A good system for storing and updating the right process ensures success in LMS.
4. Right Customer – Every LMS Provider must know their target market to identify the right customer. If the will offer their services to the right market, they have more chances of gaining leads and customers that will most likely to avail them. Some uses the traditional marketing while others use digital marketing to reach more customers around the globe.
5. Right Condition – Every product or goods that are to be entrusted by the customers to LMS providers must be stored and delivered with the right condition. This is where the specifications must be referred to in order to place it on required to maintain its quality.
6. Right Time – Time is very important when it comes to logistics, clients are more concerned on the time of delivery. That is why every service provider must know the right time to deliver the products and in a very efficient way.
7. Right Quantity – Knowing and specifying the right quantity is also one of the key in a successful LMS. Since most of the providers are third party, a company that relies on their service must be careful in sending the right amount or quantity of goods to be delivered.
In military science, logistics is concerned with maintaining army supply lines while disrupting those of the enemy, since an armed force without resources and transportation is defenseless. Military logistics was already practices in the ancient world and as modern military have a significant need for logistics solutions, advanced implementations have been developed. Logistics and Transport Recruitment Agency in London understand the scenario of this industry with various sectors.
Logistics management is the part of supply chain management and Supply chain engineering that plans, implements and controls the efficient, effective forward and reverse flow and storage of goods, services and related information between point of origin and point of consumption to meet customer’s requirements. The complexity of logistics can be modeled, analyzed, visualized, and optimized by dedicated simulation software. The distribution recruitment agency in London analyzes the logistics market and plans accordingly. The logistic recruitment services in London know all the types and what type of requirement is there in the companies. They hire candidates based on the profile mentioned by the clients/companies.
Types of Logistics:
Inbound Logistics – is one of the primary processes of logistics concentrating on purchasing and arranging the inbound movement of materials, parts or unfinished inventory from suppliers to manufacturing or assembly plants, warehouses or retail stores.
Outbound Logistics – is the process related to the storage and movement of the final product and the related information flows from the end of the production line to the end user.
Procurement Logistics – consists of activities such as market research, requirements planning, make-or-buy decisions, supplier management, ordering, and order controlling. The targets in procurement logistics might be contradictory: Maximizing efficiency by concentrating on core competencies, outsourcing while maintaining the autonomy of the company, or minimizing procurement costs while maximizing security within the supply process.
Global Logistics – is technically the process of managing the flow of goods through hat is called a supply chain, from its place of production, to other parts of the world. This often requires an intermodal transport systems, transport via ocean, air, rail or truck.
Distribution Logistics – has as main tasks, the delivery of the finished products to the customer. It consists of order processing, warehousing, and transportation. Distribution logistics is necessary because the time, place and quantity of production differ with the time, place and quantity of consumption.
Disposal Logistics – has as its main function to reduce logistics costs and enhance services related to the disposal of waste produced during the operation of a business.
Reverse Logistics – denotes all those operations related to the reuse of products and materials. The reverse logistics process includes the management and the sale of surpluses, as well as products being returned to vendors from buyers. Reverse logistics stands for all operations related to the reuse of products and materials. It is the process of planning, implementing, and controlling the efficient, cost effective flow of raw materials, in-process inventory, finished goods and related information from the point of consumption to the point of origin for the purpose of recapturing value or proper disposal.
Green Logistics – describes all attempts to measure and minimize the ecological impact of logistics activities. This includes all activities of the forward and reverse flows. This can be achieved through intermodal freight transport, path optimization, vehicle saturation and city logistics.
Construction Logistics - has been employed by civilizations for thousands of years. Now the construction logistics emerged as vital part of construction. In the past few years construction logistics has emerged as a different field of knowledge and study within the subject of supply chain management and logistics.
Digital Logistics - is driven by a new generation of web-based, enterprise logistics applications that enable collaboration and optimization, leveraging a central logistics information backbone that provides visibility across the enterprise and extend supply chain.
The logistics recruitment consultants in UK hire candidates based on their qualification and the type of logistics specialization. The London recruitment agency in UK makes sure that the companies get what they ask for. The candidates are only hired by them when they meet all the requirements of the firm.
7R’s of Logistics:
1. Right Product – A company who offers this kind of service must first know the kind of products that they are going to handle and transport. Having the right knowledge will give you an advantage to properly and efficiently manage both your time and resources.
2. Right Place – The right product must be delivered to the right place. Courier services provided by an LMS company must have knowledgeable drivers as well as a systematic system and tracking. Both customer and the provider must have a synchronized location tracking to ensure that the products are delivered to the right place.
3. Right Price – Pricing is very essential and all products and services. They must have an appropriate price value in order to track the company income and expenses. A good system for storing and updating the right process ensures success in LMS.
4. Right Customer – Every LMS Provider must know their target market to identify the right customer. If the will offer their services to the right market, they have more chances of gaining leads and customers that will most likely to avail them. Some uses the traditional marketing while others use digital marketing to reach more customers around the globe.
5. Right Condition – Every product or goods that are to be entrusted by the customers to LMS providers must be stored and delivered with the right condition. This is where the specifications must be referred to in order to place it on required to maintain its quality.
6. Right Time – Time is very important when it comes to logistics, clients are more concerned on the time of delivery. That is why every service provider must know the right time to deliver the products and in a very efficient way.
7. Right Quantity – Knowing and specifying the right quantity is also one of the key in a successful LMS. Since most of the providers are third party, a company that relies on their service must be careful in sending the right amount or quantity of goods to be delivered.
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