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Procurement and supply chain management

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Procurement and supply chain management
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LOGISTICS, SUPPLY CHAIN & TRANSPORT
MANAGEMENT PROGRAM
The Cambridge International College
Publication on
‘Logistics, Supply Chain and Transport Management’ by Ronald H Ballou

will be sent to you by registered airmail post as an integral component of the Program

Introduction
This Publication is concerned with the vital subject of business logistics and supply chain management, an area that can be essential to a firm’s competitive strategy and revenue generation.
This management area has been described by many names, including physical distribution, materials management, transportation management, logistics, and supply chain management. Relevant business activities may include one or more of the following areas: transportation, inventory, order processing, purchasing, warehousing, materials handling, packaging, customer service standards, and production.
The focus of this Publication is on the planning, organizing, and controlling of these activities - key elements for successful management in any organization. Special emphasis is given to strategic planning and decision making as an important part of the management process. Managerial efforts are directed towards setting the level of the logistics activities so as to make products and services available to customers at the time and place required, and in the condition and form desired, in the most profitable and cost-effective way.
Logistical activities have always been vital to organizations, and so business logistics and supply chain management represents a synthesis of many concepts, principles, and methods from the more traditional areas of marketing, production, accounting, purchasing, and

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