Supply Chain

Supply chain decisions

• Location Decisions (Operation Research - Layout)
• Production Decisions (Operations Management)
• Inventory Decisions (Materials/Operations Management)
• Transportation Decisions (Distribution, VRP - Vehicle Routing Problem, Operations Research)

Logistics and Distribution Management

Logistics

Logistics is the process of planning, implementing, and controlling the efficient, cost-effective flow and storage of goods, services, and related information, from point of origin to point of consumption, for the purpose of conforming to customer requirements.

• It is concerned with physical and information flows from raw material to the final distribution of the finished product
• Logistics = Supply + Materials Management + Distribution
• Positioning of resource at the right time, at the right place, at the right cost and at the right quality

Constituents

• Storage Warehousing and materials handling
  • Location of warehouses, number and size of depots
• Transport
  • Mode, load planning/ route
• Inventory
  • What to stock, how much to stock
• Information and control
  • Forecasting, IT systems
• Packaging and Utilization
  • Handling