How to mobilise your supply chain around
delivering what your customer wants?
Logistics and supply chain management has
become a critical board level issue. Through logistics efficiencies and
effective supply chain management cost reductions and service enhancements can
be achieved.
Logistics is the process of managing
procurement, movement, storage and handling of goods through a supply chain. Logistics
has the potential to assist the organisation in the achievement of both a
cost/productivity advantage and a value advantage. Evidence supports that
companies seeking Logistics Excellence achieve better financial results.
The philosophy behind
the logistics concept is that of planning and coordinating the goods flow as an
integrated system. This involves the management of upstream and downstream
relationships with suppliers and customers to deliver customer value at less
cost to the supply chain as a whole. Dynamic
alignment of people – process – technology allows the supply chain to stay
abreast of customer and consumers demands as they evolve over time.
LBB and its subsidiaries have set up five
knowledge centres:
