Trade Logistics
Logistics Management starts with as curtaining customer need till its fulfillment through product supplies and, during this process of supplies; it considers all aspects of performance which include arranging the inputs, manufacturing the goods and the physical distribution of the products. However, there are some definite objectives to be achieved through a proper logistics system.
We will advice management to reduce the total cost of logistics rather than the cost of each activity. So logistics must be viewed as an integrated system rather than the individual system, because reduction in one cost invariably lead to increase the cost of other components. Effective management and real cost savings can be accomplished only by viewing logistics as an integrated system and minimizing its total cost given the firms customer service objectives which we specialize.
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Trade Logistics is broadly based on the following:
* Consolidation of information
* Inventory
* Transportation
* Material Handling
* Warehousing
* Packing
