Global issues & challenges in logistics management

1. Global Issues &
Challenges in Logistics
Management
PRESENTED BY
ABHISHEK ANAND E.V

2. What is Logistics Management ?
Logistics Management is the process of
planning, execution, and controlling of the movement of
goods or people and related supporting activities all
within a system designed to achieve specific objective.
It is also concerned with managing and controlling the
flow or supply of goods, information, personal utilities and
other resources from one location to destination to meet
the demands of the customers or the requirement of one
department or the section of the organization.

3. Benefits of Logistics Management
1. It helps in making the right quantity of right quality products at the
right place and at the right time in right condition.
2. It aims in customer satisfaction by reducing the operation cost
and passing on the benefits to the customers.
3. It helps in penetrating new market by increasing market share
and increasing profits.
4. It helps in globalization and internationalization.

4. Challenges to the Logistics and Supply
Chain
The challenges to the Logistics and Supply Chain operations in concerned
with “THE FIVE V’s”
1)
VALUE
2)
VELOCITY
3)
VARIABILITY
4)
VISIBILITY
5)
VULNERABILITY

5. Top 10 logistics challenges for 2012
by Clifford F. Lynch
The economy may be on the mend, but the logistics/supply chain community will
still face challenges throughout the year. Here's what to watch for.
1)
The Economy
2)
The Price of Fuel.
3)
Rising Truck Rates
4)
Capacity
5)
Infrastructure
6)
Ocean shipping
7)
Security
8)
The green movement
9)
Increased truck weight limits
10)
The election

6. Conclusion
In order to be an effective and an efficient Logistics manager, he/she must
keep in mind the challenges and issues to the Logistics and Supply Chain
operations.
He/she must have the ability to balance the problem in order to have clear
perspective of consumers, firms, government and the public.
While the principles of supply chain logistics still apply in a global
environment, the challenges are significantly magnified and the risks are
increased. As many firms attempt to take advantage of global sourcing and
marketing, there is a growing need for awareness regarding the challenges
and infrastructure changes.

7. Finally…..
While the principles of supply chain logistics still apply in a global
environment, the challenges are significantly magnified and the risks are
increased. As many firms attempt to take advantage of global sourcing and
marketing, there is a growing need for awareness regarding the challenges
and infrastructure changes.