To develop a conceptual understanding of Logistics and SCM and their application in Retail business.
Logistics: Introduction to Logistics Management: Concept-Meaning, Definition, Objectives, Evolution, Nature, Scope .Integrated Logistics Management, Pull and Push Logistics, 3 PLs & 4PLs.
Physical flow of merchandise- Distribution Centres: Importance, Process Functions, Outsourcing- Floor Ready Merchandise. The meaning and nature of distribution channels, Function and its types .
Role of Information Technology: Information flow, Information sources (Internal, External) Retail Management Information System, Types of information systems. Information System in Logistics & Supply chain: Advantages, Quick Response Delivery System- its Benefits, Data Mining, Data Warehousing, RFID.
Supply Chain Management: Concept, Need, Evolution, Importance, Types of supply chain, Issues involved in developing supply chain management, Supply Chain Integration.
SCM Model- Porter’s Model of value chain, Coordination in SCM-Bullwhip effect, Improving supply chain forecasting.