Compendium admissions 2023-25

• https://www.bcg.com/en-in/capabilities/operations/conquering-complexity-supply-chains-

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PI Prep Kit 2023

Inbound Logistics

•
https://www.bcg.com/en-in/capabilities/operations/conquering-complexity-supply-chains-
digital-twins

•
https://www2.deloitte.com/us/en/pages/operations/articles/blockchain-supply-chain-
innovation.html

•
https://www.supplychain247.com/paper/the_ecommerce_supply_chain_overcoming_growin
g_pains/retail

LOGISTICS MANAGEMENT
The process of managing how resources are bought, stored, and transported to their eventual destination is referred to as logistics.

Logistics management is the process of planning, implementing, and controlling the efficient, adequate flow and storage of goods, services, and related information from the origin point to the consumption site to meet consumer requirements. Logistics management entails a variety of elements, such as:

• Selecting appropriate vendors capable of providing transportation facilities
• Determining the most effective transportation routes
• Determining the most competitive delivery method
• Utilizing software and IT resources to handle related processes proficiently Logistics management aims to deliver the proper internal or external client with the correct quantity of a resource or input at the appropriate time, location, and condition. The major types of logistics are
• Inbound logistics
• Outbound logistics
• Reverse logistics
• Third-party logistics

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Inbound Logistics
Inbound logistics is the process of transporting items from suppliers to a warehouse and subsequently to a manufacturing facility to be manufactured. Raw materials, tools, parts, office equipment, and supplies are examples of inbound logistics.

Outbound Logistics
Outbound logistics is transporting finished goods from warehouse inventories to customers.

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