Definition of Logistics Channel
Logistics channel refers to a network that involves all the participants of supply chain engaged in functions like transporttation, receiving, handling, warehousing, information sharing etc.
Why is an efficient logistics channel pre-requisite for acquisiton and retaining of customers?
delivering goods at right time in right condition
meeting customer service level
minimize cost
increased sales
building relationships for better logistics execution
Explain strategical, tactical and operational logistics planning.
Strategic Planning
medium to long term horizon (1-5 years), overall ‘structural’ decisions, corporate financial plans and strategies
Tactical Planning
short to medium term horizon (6-12 months), sub-system decisions are made, annual budgets provide finance/cost basis
Operational Planning
operations controlled against standard and rules, control via reports implementation of operational plan
What are the logistical performances to create service benefits?
Availability
having inventory to consistently meet customer material or product requirements
Operational Performance
time required to deliver a customers order, speed and consistency
Service Reliability
quality attributes of logistics, accurate measurement of availability and operational performance
Mrs. Welch “10-10-10” Rule
What will be the consequences of my action/decision in the next 10 minutes, 10 months, 10 years?
Last changeda year ago