Presentation Group I Presenters- Rahul Devnani Amaan Ahmad Shailly Pandey Mohit Joshi Divyanshi Joshi Priya Pandey Let’s familiarize everyone with the Itinerary of the Presentation! Scope of Logistics & A Brief Insight by Mr. Rahul Devnani Importance of Logistics Management by Mr. Amaan Ahmad An Animated Example of Reverse Logistics by Mr. Rahul Devnani Key Concepts of Logistics Management Ms. Shailly Pandey What is Life Cycle Logistics Planning by Ms. Divyanshi Joshi Process & Management during Life Cycle of Logistics by Mr. Mohit Joshi Applications of Life Cycle Logistics Planning by Ms. Priya Pandey Transportation Focuses on route optimization A fundamental component of logistics 01 05 Aims to reduce costs 02 04 Explores various modes of transportation 03 Emphasizes sustainability Inventory Management ● Involves effective inventory handling ● Includes inventory forecasting ● Maintaining appropriate stock levels ● Utilizing justin-time systems Importance of logistics managements Logistics management as the process of planning, implementing, and controlling the efficient flow and storage of goods, services, and information from the point of origin to the point of consumption. Key factors Explaining Logistics Importance Cost Efficiency / Saves Money Technology And Automation 01 Modern logistics relies on technology l Like GPS, Ai 05 02 Increase efficiency in supply chain Helps in reducing transportation Cost Warehouse expenses, Inventory cost Customer Satisfaction Timely delivery of products Increase Loyalty Global Reach Facilitates the movements of goods across borders Increase Sales 04 03 Inventory Management Optimize inventory level, excess stocks Minimize risk of stockout Green Logistics and Sustainability ● Focuses on reducing environmental impact ● Optimizes transportation routes ● Reduces emissions ● Explores sustainable packaging solutions LOGISTICS MANAGEMENT Logistics management can be defined as the process of planning, implementing, and controlling the efficient and cost-effective flow of goods, services, and information from the point of origin to the point of consumption. It involves a series of interconnected activities that aim to optimize resources, minimize costs, and meet customer demands while ensuring the smooth functioning of the supply chain. Key Components of Logistics Management ● Transportation Management ● Inventory Management ● Warehousing and Distribution ● Order Processing Transportation Management ● Mode Selection ● Routing and Scheduling ● Carrier Selection Inventory Management Demand Forecasting Safety Stock 02 01 03 Replenishment Just-in-Time (JIT) Inventory 04 Warehousing and Distribution Order Fulfillment Warehouse Location 01 04 02 Cross-Docking Warehouse Design 03 Order Processing 1 Order Picking 2 3 Shipping Order Entry 4 Packing Life Cycle Logistics Planning ● Requirements Analysis ● Design For Supportability ● Supply Chain Management ● ● ● ● Maintenance and Sustainment Configuration Management Disposal and Retirement Cost Analysis Challenges Faced Cost Estimation Long TIme Horizons Supply Chain Complexity Changing Requirements Environmental And Regulatory Considerations Life Cycle Assessment Evaluating Environmental Looking for Better Alternatives & Processes 02 Burdens 01 03 Identifying & Quantifying Energy & Materials Used 04 Assessing The Impact of the Energy & Material used on the Cycle & Environment Process of Life Cycle Logistics Management Concept & Design Phase 01 Deployment & Operations Phase 05 Sustainment Phase 02 04 Acquisition Phase 03 Disposal and Retirement Phase Importance of Life Cycle Logistics Management Sustainability: Managing the life cycle of a product or system allows for environmentally responsible decisions, including recycling, reusing, and minimizing waste during the disposal phase. Risk Mitigation: Identifying potential risks and planning for them early in the life cycle can prevent costly disruptions and delays. Cost Efficiency: Managing a product or system throughout its life cycle can help identify cost-saving opportunities. 01 05 02 04 03 Operational Effectiveness: Effective logistics management ensures that a product or system remains operational and available when needed. Customer Satisfaction: Meeting the requirements and expectations of customers throughout a product's life cycle is essential for customer satisfaction and maintaining a positive reputation. Some Applications of Life Cycle Logistics Management Manufacturing Aerospace IT Product Design Automobile Vehicle Recycling Predictive Maintenance Fleet Management Aircraft Maintenance Healthcare Supplies Spare Parts Management Electric Vehicle Battery Management Data Centre Management End-of-Life Disposal Challenges in Logistics Management 1 Globalization Vestibulum congue tempus 2 Supply Chain Disruptions 3 Transportation Cost 4 Inventory Management 5 Information Technology Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor. Ipsum dolor sit amet elit, sed do eiusmod tempor. ● Effective life cycle logistics management is vital in ensuring the success, sustainability, and cost effectiveness of products and systems. ● It involves careful planning, integration of processes, and a commitment to sustainability and data driven decision-making. QUESTIONS ● How does effective transportation management contribute to the success of ● ● ● ● ● ● ● ● logistics operations? What role does information systems and technology play in modern logistics management? Provide examples of how technology can improve logistics efficiency. What are some of the sub components to consider while warehousing? Explain different phases of life cycle management ? What is the importance of life cycle management? What role does data analytics and technology play in modern Life Cycle Logistics Management, and how does it enhance efficiency? What is the scope of logistics, and how does it differ from supply chain management? How can technology enhance life cycle logistics management? What are the estimated costs over system's life cycle? ● Why is life cycle logistics important for organizations? ● How does globalization impact the scope of logistics, and what challenges ● ● ● ● ● ● ● does it introduce for logistics professionals? How does technology, such as the Internet of Things (IoT) and artificial intelligence (AI), expand the scope of logistics and improve its efficiency? How does Life Cycle Logistics apply to the aerospace industry, and what role does it play in ensuring the safety and reliability of aircraft and spacecraft? What are the applications of Life Cycle Logistics in the consumer electronics sector, and how can it help companies manage product lifecycles and reduce electronic waste? What are the applications of Life Cycle Logistics in the healthcare sector, and how does it contribute to the efficient management of medical equipment and supplies? How does logistics management influence customer satisfaction, and why is customer satisfaction important for businesses? How does logistics management support sustainability and environmental responsibility in business operations? Explain green logistics and reverse logistics with examples. Thank You!
