Untitled - CII Institute of Logistics

FUNDAMENTALS OF LOGISTICS
With the environment becoming very competitive over the past 10 to 15 years, speed has become an
unmistakable competitive advantage for firms. Transportation helps an organization to achieve this
advantage by ensuring that the right product reaches the right place and at the right time. Achieving this
competitive advantage require effective functioning of transportation activities.
There are various modes or transport like road, rail, air, pipeline etc, the transit time being an important
consideration. After the mode has been chosen, the logistics manager can choose the type of transport
mode, i.e., whether to opt for common carriers, contract carriers, exempt carriers, private carriers or
freight forwarders. Transportation management not only deals with settling an efficient transportation
activity center but also continuous evaluation and management activity of the transport department.
Conclusion:
Most of the businesses arise out of the idea, which is much, more fundamental than mere profit making.
The ultimate product or service is of great importance. Materials Management involves much more than
cost – reducing techniques and includes cost control, cost reduction, work simplification and value
analysis.
The professional materials manager needs to judge the right procedures, tools and techniques before
approaching the job. Control of materials function is a primary task. In future, the materials managers
have to be well equipped to face the challenge the modern days have posed to them.
CII INSTITUTE OF LOGISTICS 39
Website: www.cii.in / www.ciilogistics.com