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Logistics is generally the detailed organization and implementation of a complex operation. In a general business sense, logistics is the management of the flow of things between the point of origin and the point of consumption in order to meet requirements of customers or corporations. The resources managed in logistics can include physical items such as food, materials, animals, equipment, and liquids; as well as abstract items, such as time and information. The logistics of physical items usually involves the integration of information flow, material handling, production, packaging, inventory, transportation, warehousing, and often security.

In military science, logistics is concerned with maintaining army supply lines while disrupting those of the enemy, since an armed force without resources and transportation is defenseless. Military logistics was already practiced in the ancient world and as modern military have a significant need for logistics solutions, advanced implementations have been developed. In military logistics, logistics officers manage how and when to move resources to the places they are needed.

Logistics management is the part of supply chain management that plans, implements, and controls the efficient, effective forward, and reverse flow and storage of goods, services, and related information between the point of origin and the point of consumption in order to meet customer's requirements. The complexity of logistics can be modeled, analyzed, visualized, and optimized by dedicated simulation software. The minimization of the use of resources is a common motivation in all logistics fields. A professional working in the field of logistics management is called a logistician.

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Third-Party Logistics

As competitive pressures increase, logistics providers are expanding their offering to capture more of the customer’s wallet. Transportation and warehouse management is now a must-have for any Third-Party Logistics (3PL) provider. As logistic customers look to differentiate their service offering further, they are turning to Syncron to incorporate inventory management capabilities. Expansion into inventory management allows the Third-Party Logistics provider to:

Grow wallet-share

More closely align with the customer

Increase switching costs – preventing customers from easily moving to another 3PL

Inventory Management is one of the more difficult solutions to add to your logistics portfolio. Companies traditionally consider inventory management a core competency that cannot be outsourced. In spite of this, companies big and small are now seeking a reliable provider with a comprehensive logistics offering that includes inventory management.

Syncron gives logistics providers a competitive edge by offering a solution that is easily integrated with the 3PLs software or the end-customer. As a global service provider, we have the experience, process and functionality required to address the needs of a variety of businesses at multiple locations using an assortment of ERP systems. Our functionality that is well-suited to 3PLs and the companies they serve:

Software that is built to allow the 3PL and its customers to have different roles and responsibility for the planning

Superior algorithms that optimize inventory based on service-level, operating cost and capital tied up in stock

Tools and processes to incorporate the customer’s business knowledge into the inventory management process

Access to insightful information and inventory simulation that can help you and your customer anticipate and adjust to changes in demand

Global Inventory Management software from Syncron is the perfect tool to help you provide best-in-class planning. Help your customers have the right stock in the right place at the right time! This software generates accurate demand forecasts, aid in replenishment planning, and streamline communication between you and your clients.

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Packaging is the technology of enclosing or protecting products for distribution, storage, sale, and use. Packaging also refers to the process of designing, evaluating, and producing packages. Packaging can be described as a coordinated system of preparing goods for transport, warehousing, logistics, sale, and end use. Packaging contains, protects, preserves, transports, informs, and sells. In many countries it is fully integrated into government, business, institutional, industrial, and personal use.

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Welcome to E-learning Logistics class