Logistics

Feb 10 2020

Logistics

Logistics definition is the whole practice of organizing how assets are obtained, stored, and moved to their destination. Assets in logistics include people, equipment, inventory, and materials. Simplest logistics definition is the overseeing of the details of operation; but it’s not always that simple. The purpose of logistics is to implement efficiencies across a company’s entire supply chain to help them achieve their strategic goals. Logistics synonym is supply chain management. These two terms are often used interchangeably but can refer to two aspects of the process.

Logistics entails what occurs inside one company, including, for example, the obtaining and delivery of raw materials, packaging, shipment, and transportation of goods to distributors. The term supply chain management, on the other hand, is used for a large network of outside organizations that are in collaboration to deliver goods to customers, warehouse providers, vendors, call centers, transportation providers, among others.

Logistics meaning

To expound on logistics meaning or definition we have talked about above, we are going to look into logistics meaning in detail. We are going to start with logistics management. What is logistics management? To keep it simple; logistics management is to have the right input of resources at the right time, getting to the appropriate location in the right setting and delivering to the correct internal or external customer. Let’s look at logistics meaning with example in the natural gas industry. It involves managing the pipelines, storage facilities, trucks and the distribution centers that oversee oil as it is transformed along the supply chain. This brings us to the term supply chain.

To reduce costs and to maintain and increase efficiency it is essential that there is an efficient supply chain and effective logistical procedures. What is logistics and supply chain management? Logistics generally refers to the movement of goods, and their suppliers. It has become synonymous with the set of activities ranging from procurement of raw materials to the delivery of the finished product to the end customer. Supply chain management generally refers to a network of organizations collaborating to make the final shipment successful. Logistics company work in tandem with these two terms.

How does a logistics company work? A logistics company plans, executes, and oversees the movement and storage of goods, service or information within a supply chain and in between points of origin and consumption. A logistics company can handle some or all of the supply chain functions, depending on customer logistical needs. Coordinating the movement of supplies and materials is the function of a logistics company. The supply chain is an important part of this process. Warehousing, transportation, information, inventory, material handling, security, disposal, and packaging are some of the things a logistics company can be tasked with.

Logistics company

Logistics company specializes in logistics—proving the service to manufacturers, retailers and other industries with a large need to transport goods. A logistics company can own the full scope of infrastructure for the job, including planes, trucks, warehouse, and technology. Other logistics company can specialize in one or two areas. What are the logistics companies near me? Find out what logistics companies are near your place. DHL, FedEx, and UPS are some of the logistics company names you may find near your place or area. Let’s look at the top logistics companies 2018.

United Parcel Service is an American multinational logistics company tasked with package delivery. It is also a provider of supply chain management solutions. UPS services include a cargo airline, a freight-based trucking operation, and retail-based package and shipping centers. UPS is one of the logistics companies in India. FedEx is an American multinational logistics company tasked with courier delivery services. FedEx specializes in a suite of online services for shipment preparation, package tracking, tools for small businesses and large scale business shipping, and shipment rates. FedEx is one of the logistics companies in Bangalore.

DHL is another top logistics company and is one of the most recognizable logistics brands across the world. DHL is a logistics company that specializes in international shipping, road and rail transportation, courier services, international parcel and express mail, air and ocean freight, and contract logistics. DHL is one of the shipping companies in Chennai. As we can see from these top logistics companies, each company specializes in different types of logistics. So; there are types of logistics companies. There are many types of logistics.

The most common is sales logistics involving moving products from the producer to the consumer. Another is the procurement logistics involving the flow of raw materials and parts. Production logistics deals with the flow of materials inside a factory or business. Recovery logistics is the return flow of returns from consumers and waste. Recycling logistics oversee the flow of recyclable materials. recovery and recycling logistics are the same up to the recovery of goods from consumers, but recycling is the one that recycles the goods collected.

Transport synonym

Transport synonym is logistics; so that’s where the term transport logistics comes from. Transport logistics is a relatively common term but not well defined. You are likely to come across the term transport logistics; so let’s define the real meaning of this term. Transport logistics is a combination of different factors from warehousing to transportation. In several ways, logistics tends to be synonymous with transportation. If we can look back; supply chain management meaning can take over the term logistics. Logistics meaning can be reduced to dealing with transport and warehousing. Looking at the terms freight logistics, logistics transportation, and transport logistics; logistics is common in all of them. This emphasizes the transportation or truck transport side of logistics.

Transport logistics essentially implies transportation or all of the things involved in transportation—freight brokerage, parcel, international transportation, managing transportation, pool distribution, transportation management, etc. As you can see transport logistics is a large field on its own; it is a career. It is a field you can study at university or college and seek transport logistics jobs. Learning institutions offer transportation and logistics degree courses for study. To be eligible for transport logistics jobs you are required to have at least a bachelor’s degree. Every transportation and logistics degree course has different educational requirements; but there are certain characteristics that most programs have in common.

If you are considering studying transportation and logistics, you will want to consider: skill requirements, potential salary, and career goals. In the transportation and logistics industry, companies use equations and computer systems to analyze various market factors. The industry is built on the mathematics of distribution. However, the transport logistics industry has a wide variety of employees in many different roles that may not involve mathematics. Skills valued in the transport logistics industry are:

People skills: it is interesting how logistics deal a lot with numbers but would also emphasize on social skills. Social skills are emphasized because of the communication between staff to identify problems and implement changes.

Quantitative math skills: data is one of the most important parts of the logistics business. Logistics companies depend on data analyze their performance and to identify trends or problems. A strong analytical mind or math mind is needed to manage spreadsheet data management and statistical systems.

Management skills: if you are an inventory specialist you have to manage the accumulation and distribution of products and services. Customer service personnel has to manage relationships of the sales staff with their clients.

International business skills: In order for goods or services to reach the United States market, there must be an expansive international trade network setup. So; logistics companies dealing in international trade rely on professionals familiar with international customs laws and regulations, and who keep track of changes to those laws.

Logistics degree

Graduate with a logistics degree in transportation and logistics for a career in logistics transportation. Logistics are utilized by a wide variety of companies—everything from global corporations to city governments—rely on transportation and logistics to perform their very different functions. Although most students opt for the logistics degree, some schools offer an online logistics associates degree. Logistics degree colleges that offer an associate degree only take two years to complete, while logistics degree courses take three to four years to complete. You can also earn a master’s degree, which takes an additional one to two years to complete. A four years program prepares you for many entry-to mid-level careers in logistics and transportation.

The following are some transport and logistics careers information to help you out.

Inventory manager: tasked with overseeing the accumulation of resources and material goods, and scrutinize data for trends.

Purchasing manager: a logistics company may not necessarily employ a purchasing manager because, for instance, goods or products distributed are ready to be sold, or already have been. However, manufacturers must acquire resources and materials to have them delivered for production; thus the need for a purchasing manager.

Consultant: tasked with working directly with clients to devise and implement logistics solutions for a specific problem. A consultant should be a free agent of sorts. Logistics degree salary for a consultant may be higher than of customer service or inventory manager personnel.

Logistics engineer: tasked with evaluation of the supply chain and logistics systems for trends or problems using computer systems and mathematics. Transportation and logistics degree salary for a logistics engineer is tops.

Analyst: this is the most common entry-level logistics position after studying logistics degree. An analyst gathers and analyzes data to look for problems. He or she is required to have good math and computer skills.

What are the options for logistics degree near me? You can study logistics degree Georgia specializing in logistics and supply chain management, logistics and operations or supply chain management and logistics.