Project Report On Logistics and Supply Chain
Project Report On Logistics and Supply Chain
Project Report On Logistics and Supply Chain
PROJECT REPORT ON
SUBMITTED BY
Sushmitha J
Neha H G
Rishvitha H Kotian
Kiran K V
Vighnesh G Hegde
Sushmita V Hegde
Shashank G Tiwari
Vindhya Acharya
Ashwin M H
ACKNOWLEDGMENT
As the time marches on and as the seasons change and it is time to relish and relinquish what
has been accomplished. Behind every achievement, there is an unfathomable sea of gratitude
to those who have contributed immensely to achieving the purpose. Without them, it would
never have come into existence. We have been fortunate to have such a robust support
system.
This work has a tremendous amount of encouragement, sustained interest, and the help of
many. It is our inbound duty and also our pleasure, to pen the words of deepest gratitude.
Our sincere thanks to CA Gopalkrishna Bhat, Founder & CEO, Trisha Group of Institutions,
for guiding us towards the preparation of our research work.
At the outset, we express our heartfelt gratitude to Prof. Guru Prasad Rao Y, Principal of
Trisha Vidya College of Commerce and Management, Katapadi.
We are indebted to Professor Indureethi, Principal of Trisha Vidya Evening College,
Katapadi for giving us wonderful guidance, support, and encouragement till the completion
of our project work
We would like to place on record our sincere thanks to New Mangalore Port Authority for
providing us an opportunity to undertake my project in their industry. Also to Mr. Karthik
Salian, HR of training dept. of NMPA who arranged this visit, gave us all information
required for the project.
We are also indebted to Prof. Ramdas Naik, Lecturer, Trisha Vidya College of Commerce
and Management, Katapadi for constantly guiding us, in all possible ways to bring out the
best of the outcomes.
Our sincere thanks to all the faculty members of Trisha Vidya College of Commerce and
Management, Katapadi for encouraging and giving suggestions with regard to this project.
We express a deep sense of gratitude to our parents, family, and friends for supporting us
throughout the process of this work.
Above all, our heartfelt gratitude to Almighty God for his divine blessings at every stage of
our lives.
2. COMPANY PROFILE
3. GLOBAL COMPARISON
5. KEY TAKEAWAYS
6. REFERENCES
1. INTRODUCTION:
Logistics refers to the overall process of managing how resources are acquired,
stored, and transported to their final destination. Logistics management involves
identifying prospective distributors and suppliers and determining their effectiveness
and accessibility. Logistics managers are referred to as logistician
"Logistics" was initially a military-based term used in reference to how military
personnel obtained, stored, and moved equipment and supplies. The term is now used
widely in the business sector, particularly by companies in the manufacturing sectors,
to refer to how resources are handled and moved along the supply chain.
Irrespective of where inventories may be held, transport to and from these
intermediate or endpoints is a major element of logistics management.
The primary objective of logistics management is to move the inventory in a supply
chain effectively and efficiently to extend the desired level of customer service at the
least cost as done parallel with waste management.
Logistics typically refers to activities that occur within the boundaries of a single
organization and Supply Chain refers to networks of companies that work together
and coordinate their actions to deliver a product to market. Also, traditional logistics
focuses its attention on activities such as procurement, distribution, maintenance, and
inventory management. Supply Chain Management (SCM) acknowledges all of
traditional logistics and also includes activities such as marketing, new product
development, finance, and customer service
Logistics management is that 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 customers' requirements.
Supply chain is a global network of organisations that cooperate to improve the flows
of material and information between suppliers and customers at the lowest cost and
the highest speed. The final objective of a supply chain is customer satisfaction.
The supply chain management takes into consideration every facility that has an
impact on cost and plays a role in making the product match to customer
requirements: from supplier and manufacturing facilities through warehouses and
distribution centres to retailers and stores. The main purpose of the supply chain is to
maximise overall value generated. Value is the difference between
what the cost supply chain incurs and the worth end product has to the customer.
Value of the commercial supply chain is correlated with its profitability generally
known as supply chain surplus.
Effective supply chain management can provide direct improvement to your customer
service. This is because supply chain management processes will ensure that correct
quantity of the correct items will be delivered in a timely manner. Having an
interconnected network of suppliers and distributers will reduce delays and improve
customer satisfaction. In addition, supply chain management will usually increase
visibility and allow both customers and customer service personnel to know of the
status of each order at all times. Supply chain management is important because it can
help achieve several business objectives. For instance, controlling manufacturing
processes can improve product quality, reducing the risk of recalls and lawsuits while
helping to build a strong customer brand.