The Merriam-Webster online dictionary defines the term logistics as “the aspect of military science dealing with the procurement, maintenance, and transportation of military materiel, facilities, and personnel”. However, as industry flourished in quantity and quality, logistics became an integral part of the standard industrial sphere as well. The art of managing logistics operations is called logistics management services.
Logistics Management Services: Features
Logistics management services include a bouquet of operations that are essential for the productive sustainability of businesses. Logistics management services offer the following benefits:
Raw material acquisition: Raw materials required for production needs to be supplied in the right measures at the right time. An uninterrupted flow of raw materials ensures sustained production flow and output delivery management.
Inventory management: Stocking is central to any business management. Businesses need to manage an inventory of raw materials, consumables and processed goods. Inventory management drives a company’s manufacturing and marketing cycles. Cost-effective inventory management with the right amount of stocks can spell success for any business.
Warehousing: Safe and secure warehousing services are a must for industries where time difference exists between production and selling activities. Logistics management services in this sphere include receipt of goods, record-keeping, providing appropriate storage facilities and ensuring specific storage requirements like freezing.
Packaging: Logistics management services in goods packaging involves ensuring proper packaging to avert accidental damages while delivery.
Transportation: The central role of any logistics management services provider is goods transportation. The physical shipment of goods requires adherence to the highest service standards and cost management. It also involves choosing the right mode of transportation, considering the cost and time factors.
Communication: Information is the key to successful logistics management services. Without communicating information, the entire planning operations and physical processes will be futile. Also, it is important to involve the client company in the information cycle. A task that has been achievable with the use of information and communication technology.