REPUBLIC OF UZBEKISTANMINISTRY OF HIGHER AND SECONDARY SPECIAL EDUCATIONTASHKENT FINANCIAL INSTITUTE REPUBLIC OF UZBEKISTANMINISTRY OF HIGHER AND SECONDARY SPECIAL EDUCATIONTASHKENT FINANCIAL INSTITUTE ANDIJAN FACULTY Direction " finance and financial technologies” Stage I SMMT-70-22-Group student YUSPOV MIRZAJON Independent work prepared by the subject "English language“ Presentation Done: M.Yusupov Checked: X.Maksudova LOGISTICS PLAN: - What Are Logistics?
- Special Considerations
- Functions of logistics.
- Why logistics important .
What Are Logistics? - Logistics refers to the overall process of managing how resources are acquired, stored, and transported to their final destination. Logistics management involves identifying prospective distributors and suppliers and determining their effectiveness and accessibility. Logistics managers are referred to as logisticians.
- "Logistics" was initially a military-based term used in reference to how military personnel obtained, stored, and moved equipment and supplies.1 The term is now used widely in the business sector, particularly by companies in the manufacturing sectors, to refer to how resources are handled and moved along the supply chain.
Special Considerations - The tasks for which a logistician is responsible vary depending on the business. Primary responsibilities include overseeing and managing inventory by arranging for appropriate transportation and adequate storage for the inventory.2
- A qualified logistician plans out the logistics process, coordinates the steps as inventory, and resources move along the supply chain.2
- Specialized training in supply chain management and logistics are often core or elective courses, or even discrete programs of study, in business education. A business degree that emphasizes these skills—or in some cases, a technical degree in systems analysis or database management—is usually necessary to begin an often well-paid career as a logistician.3
- Transportation and warehousing are the two major functions of logistics.
- Transportation management focuses on planning, optimizing and executing the use of vehicles to move goods between warehouses, retail locations and customers. The transportation is multimodal and can include ocean, air, rail and roads.
- Not surprisingly, transportation management is a complex process that involves planning and optimizing routes and shipment loads, order management, freight auditing and payment. It can also extend to yard management, a process which oversees the movement of vehicles through the yards outside manufacturing plants, warehouses and distribution facilities. Carrier management is an important aspect since the price, availability and capacity of transportation carriers can vary widely.
Logistics companies typically use transportation management system (TMS) software to help meet the demands of transport-related logistics. There are also niche applications, such as yard management systems. - Logistics companies typically use transportation management system (TMS) software to help meet the demands of transport-related logistics. There are also niche applications, such as yard management systems.
- Warehousing, or warehouse management, includes such functions as inventory management and order fulfillment. It also involves managing warehouse infrastructure and processes -- for example, in a fulfillment center, where orders for goods are received, processed and fulfilled (shipped to the customer). Most companies use warehouse management system (WMS) software to manage the flow and storage of goods and track inventory. Most vendors of enterprise resource planning (ERP) software offer TMS and WMS modules, as well as more specialized components for inventory management and other logistics functions.
While on-time delivery of intact packages has always been important throughout the supply chain, it has become even more mission-critical in recent years as omnichannel commerce, with its same-day home or retail delivery of customized products ordered from smartphones, becomes more common.
Suppliers, manufacturers, distributors and retailers have had to improve their logistics processes to meet the demand for quicker, more convenient delivery of a wider variety of goods. They also have had to better integrate their processes and systems to improve supply chain visibility.
Difference between logistics and supply chain management - While the terms are sometimes used interchangeably, logistics focuses on moving products and materials as efficiently as possible. In contrast, SCM encompasses a much broader range of supply chain planning (SCP) activities, such as demand planning and sales and operations planning (S&OP), and supply chain execution (SCE), including strategic sourcing and transportation management. Sometimes, the terms inbound and outbound logistics are used to denote logistics for goods arriving at or leaving a facility, respectively. One important category is reverse logistics, the logistics processes needed to return a product for servicing, refurbishing or decommissioning and recycling.
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