ELEMENTS OF LOGISTICS

MANAGEMENT
BMS III–2005
SR. TOPICS TO BE COVERED
NO
1. OVERVIEW OF LOGISTICS FUNCTION
a. What is logistics? Definition, Genesis of
modern logistics
b. Importance of logistics
c. What are the operational objectives of
logistics?
d. Logistical functions
e. Important concepts: SCM, Logistical Interfaces
with production & marketing, 3Cs, Logistical
mission

2. INVENTORY MANAGEMENT
a. What is Inventory? Types of inventory,
Functions of inventory, Some Inventory related
definitions
b. Fundamental approaches to managing
Inventory
c. Economic order quantity
d. Selective Inventory control
e. Inventory management methods
f. Other approaches to inventory management
g Numericals: Inventory
3. TRANSPORTATION
Functions of transportation, Principles of
transportation, Participants in Transportation
Decisions
Transport infrastructure
Various modes of transport, nodal points
Freight rate structure

Selection of Carrier
Transportation policy
Transportation network options
Inter-modal transportation
Containerization
Numericals: Transportation & assignment
4 PURCHASING AND PRODUCTION
SCHEDULING DECISIONS
MRPI &MRPII – concepts, objectives,
advantages, disadvantages
 DRPI &DRPII – concepts, objectives,
advantages, disadvantages
Forecasting
Outsourcing
5 WAREHOUSING
Concept, Functions of warehouse
[warehousing operations]
Economic and service benefits
Principles of Warehouse design
Warehousing alternatives
Warehousing strategy
Ideal warehouse location
Inventory at various locations, the square root
law
Material handling
Material handling equipment
Packaging, Types of packaging
Functions of packaging
Palletisation and Unitization
6. NETWORK ANALYSIS
Importance of location analysis or logistical
network design
Location Analysis techniques
7. LOGISTICAL INFORMATION

Primary activities of LIS

Logistical information functionality
 Principles of logistical information system:
Logistical information system functionality
8. LOGISTICS STRATEGY & PLANNING
Logistical Strategy and planning, logistical
decisions
Logistical Planning Process, Phase I, II, III
9. PERFORMANCE MEASUREMENT
Objectives of logistical performance
measurement systems, Types of Performance
measures
Internal performance measurement
External performance measures
Characteristics of an ideal measurement system
10. CUSTOMER SERVICE
Definition of customer service, Elements of
customer service
Salient Features of Customer Service
Lead-time
Logistics and 6 sigma
11. LOGISTICAL ORGANIZATION
Stage I organization
Stage II organization
Stage III organization
12 LOGISTICAL COSTING
Total cost analysis
Traditional approach, Total cost approach
Mission based costing [or budgeting] in
 logistics
outsourcing
13. LOGISTICAL PERFORMANCE CYCLES
14. CASE STUDIES

REFERENCE BOOKS
1. ELEMENTS OF LOGISTICAL
MANAGEMENT – BOWERSOX
2. BUSINESS LOGISTICS – BARDI
3. LOGISTICS – BLOOMBERG
4. PHYSICAL DISTRIBUTION
MANAGEMENT – KK KHANNA