Logistics Management
LogisticsDefinition
Logistics Management is the process of efficiently managing the flow of goods, services, and information from origin to consumption to meet customer requirements.
Detailed Description
Logistics Management in ERP systems involves planning, implementing, and controlling the efficient and effective flow of goods and services. It encompasses the comprehensive management of supply chain activities, including procurement, production, distribution, and inventory management. By integrating these processes, ERP systems provide organizations with real-time visibility and control over their logistics operations, enhancing efficiency, reducing costs, and improving customer satisfaction.
Key Features
- Demand planning and forecasting
- Inventory management and optimization
- Order processing and fulfillment
- Real-time tracking and visibility
- Supplier and vendor management
- Transportation and fleet management
- Warehouse management
Common Modules
Inventory Management
Handles the tracking and management of inventory levels, orders, sales, and deliveries.
Transportation Management
Facilitates the planning, execution, and optimization of transportation activities.
Warehouse Management
Manages warehouse operations, including storage, shipping, receiving, and picking processes.