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FUNCTION OF MM
MATERIALS PLANNING AND CONTROL PURCHASING STORES AND INVENTORY CONTROL
LOGISTIC
THE PROCUREMENT ,MAINTENANCE , DISTRIBUTION AND REPLACEMENT OF PERSONNEL AND MATERIALS. The process of planning , implementing and controlling the efficient , effective flow of goods , services and related information from the point of origin to the point of consumption for the purpose of confirming to customer requirements
SCOPE OF LOGISTIC
MARKETS IN WHICH THE CO. OPERATES PLANT LOCATION AND LEYOUT OWN PRODUCTION OR OUT SOURCING COST AND SERVICE LEVEL CUSTOMER SERVICE POLICIES WIDTH OF THE DISTRIBUTION NETWORK LOCATION AND MANAGEMENT OF STORAGE FACILITY CHOICES OF MODE OF TRANSPORT , SELECTION AND MANAGEMENT OF CARRIERS. PACKAGING DECISIONS THAT DIRECTLY IMPACT STORAGE AND TRANSPORTATION
SOME FACTS
IT HAS BEEN ESTIMATED THAT 12-14% OF INDIAS GDP COMPRISES LOGISTIC COST , WHICH IS ABOUT $6 BILLION ( ABOUT Rs.26000 CRORE). THIS IS TWICE THE IDEAL PERCENTAGE OF 6-9 % AND COMPARES POORLY WITH THE US , WHICH BROUGHT DOWN ITS LOGISTICS SPENDING FROM 17% OF ITS GDP IN 1990 TO 8% IN 2002.
SOME FACTS
The time taken for goods to reach the shelves from the shop floor is about 6-12 weeks in India while , in China , the job is done in 2-3 weeks
SOME FACTS
The Indian economy can grow at an additional 1-2 % if its ports, roads and railways are improved. The cost of moving cargo (Freight rate and handling fees) is 6% of the landed cost globally while in India it is 11% -among the costliest in the world.
SOME FACTS
Congestion , fragmentation ,over regulation and a weak transport network are holding back the logistics industry in India
SOME FACTS
Improvements in Supply Chain includes :------
Redesigning the global physical network , collaborative forecasting operations and eprocurement.
ADVANTAGES IN SCM
EFFICIENT CONSUMER RESPONSE CONTINUOUS REPLENISHMENT QUICK RESPONSE LOGISTICS HANDLING FUNCTIONAL AND INNOVATIVE PRODUCTS BENCH MARKING
I.T. IN LOGISTIC
The data base could contain external data , customer orders , in bound logistic, internal data on production and inventory The planning function includes strategy planning , demand forecasting , stock management and planning production by location , product and customer requirement.
I.T. IN LOGISTIC
Control function means customer service levels , vendor performance rating , transporter performance rating and the system performance. Co-ordination for production scheduling and sales and marketing planning. Customer service includes communication, customer order status , stock availability by product and location.
E-PAYMENT
CORE BANKING CMS RTGS E-TRANSFER ON LINE PAYMENT SYSTEM