Logistics management is increasingly gaining importance mainly because of fierce competition in the global market, need for customer satisfaction and increasing logistics cost. It is recognized that the goal of cost reduction and service enhancement can be achieved through effective logistics management. Competency in logistics can be achieved only through the desired coordination between functional areas of network design, information, transportation, inventory, warehousing, material handling and packaging. Companies managing logistics need to understand the essence of logistics management.

KEY FINDINGS AND HIGHLIGHTS
•Logistics management activities include inbound and outbound transportation management, fleet management, warehousing, materials handling, order fulfilment, logistics network design, inventory management by third-party logistics (3PL) services providers.
• Integrated logistics is gaining importance. 3PL providers offer outsourced or 3PL services to companies for part, or sometimes all of their supply chain management functions.
• The 3PL providers typically specialise in integrated warehousing and transportation services that can be scaled and customised to customer’s needs based on market conditions and the demand and delivery service requirements for their products and materials.
• Logistics information systems are the tools for linking logistics activities into an integrated process. The integration is built around functionalities such as transaction, management control, decision analysis and strategic planning systems.

REASONS TO BUY
• Provides insight into the key concepts like global perspective of logistics management, international contract terms, inland container depot and container freight station; warehousing and material handling; and packaging and packing, Inventory Management, Information Communication and Documentation in a comprehensive manner
• The report will be useful to all students enrolled in Logistics management courses, people connected with the Logistics industry and investors looking for broad understanding of Logistics management.
• Prepares students and budding management executives to face the industry confidently