Conclusion 5t6l6g

Effectiveness of Logistics Management in KOJ, Dubai part. However there is a problem with doing this. The company must share their logisticsvision and plan with them. This sharing and understanding will better enable them tocooperate with and assist . They may be able to offer ideas and gain sharing to further improve the logistics effectiveness and the key issues with it.Integration with customers is important. Logistics is a process which runs from thevendor's door through to the customer's. It interacts with almost every group within thec o m p a n y a n d w i t h m a n y c o m p a n i e s o u t s i d e t h e c o m p a n y , i n c l u d i n g i t s c u s t o m e r s . Effective logistics revolves around five key issues--movement of product, movement of information, time/service, cost and integration. Each of this is critical to the success of logistics and to creating value-added to the company and improving competiveness.The universe everyday is witnessing unimaginable growth in majority of the industries.The logistics and freight industry is one such industry that is rapidly growing. Worldwidelogistics industry is distinguished by fast technological advances and is growing rapidlyt h a n m o s t o t h e r i n d u s t r i e s o v e r t h e p a s t ye a r s . W i t h s t i f f c o m p e t i t i o n a r o u n d , t h e company is likely to reduce the profitability but with proper management of operations and by proper customer desired services and also effectively utilizing its alliances it canmaintain and improve the performance. t operational ventures for developing the customized services for its steady growth. The organization has enormous opportunitiesto grow beyond the expectations. Conclusion By doing this research, I am concluding that Kamal Osman Jamjoom, one of theleading retailers in the Middle East is taking forward their logistics department inthe most efficient way resulting in cost effective modes and distribution of theirbrands to their respective regions and stores. Employees are treated professionallywhich is motivating them their by resulting in increase in productivity. Effectiveness of Logistics Management in KOJ, Dubai L ogistics is a process which interfaces and interacts with the entire company and withexternal companies, vendors, customers, carriers and more. Logistics is responsible for t h e m o v e m e n t o f p r o d u c t s f r o m yo u r v e n d o r ’ s r i g h t t h r o u g h t o t h e d e l i v e r y a t yo u r customer's door, including moves through manufacturing facilities, warehouses, andthird-parties, such as re packagers or distributors. It is not shipping and receiving, nor is ittraffic or warehousing. It is more.Logistics must make work effectively. This is required by the customers and, in turn, bythe company. For effective logistics, there are five key issues— 1. Movement of product. This is often the way that logistics is viewed in many companies. Products moves shouldc o m p l e m e n t t h e c o r p o r a t e s t r a t e g y . I f t h e e m p h a s i s i s o n c o s t r e d u c t i o n , l o w e r inventories, customer service or whatever, then p r o d u c t s m u s t m o v e i n a w a y t h a t i s consistent with the emphasis. Product must also flow, not just move, from, to, between and among vendors, manufacturing sites, warehouses and customers. If it does not flow,t h e n t h e r e i s n o t a s u p p l y p i p e l i n e . I n s t e a d t h e r e a r e i m b a l a n c e s i n i n v e n t o r i e s w i t h components and finished goods not being where they should be.The movement may be extremely broad in geographical scope. 2.Movement of information

.It is not enough to move product and materials. We must know where they are. We mustknow what inventories are where and if critical action is required. We must know whato r d e r s a r e c o m i n g i n a n d w h e n t h e y m u s t b e d e l i v e r e d . I n f o r m a t i o n - - t i m e l y a n d accurate-- is vital for sound decision-making.The information must flow between thecompany and its suppliers, carriers, forwarders, warehouses and customers. It must alsomove internally among purchasing, customer service, logistics, manufacturin g, sales,marketing and ing. And doing this goes beyond Email, faxes and phone calls.SJCET School of Management, Palai71

Effectiveness of Logistics Management in KOJ, Dubai 3. Time/service. The ability to respond to the dynamics of the global marketplace --changing forecasts,customer requirements, new product introductions, new sourcing, and how to manage allthese changes--must be done quickly. Raw materials and components must be ordereda n d a r r i v e c o m p l e t e l y, a c c u r a t e l y a n d q u i c k l y. O r d e r s m u s t b e f i l l e d c o m p l e t e l y, accurately and quickly. It is no longer months or weeks for lead times. It may not even bedays. Hours may decide customer service, competitiveness and value-added. Back ordersare not tolerated. If your company cannot properly respond, your customers will look for those who can. And the more diverse the geographical scope of vendors, manufacturing,w a r e h o u s e s a n d c u s t o m e r s , t h e m o r e c r i t i c a l i s t i m e . D i s t a n c e m e a n s t i m e . Y e t t i m e delays are not acceptable. Movement of product and movement of information show their impact here. 4. Cost: Cost is the key measure by which logistics effectiveness is often measured. Freight,warehouse labor, public warehouse charges and other items on the P&L. Or inventory, a balance sheet item. Cost control, containment, and managemen t i s i m p o r t a n t f o r corporate profitability. Fiscal stewardship is a duty of all managers. The highest pricedoes not mean the best service, and it may not be the service you need. Nor does thelowest price necessarily meet your needs.Cost has a relation to service. They go hand in hand. As you define your service againstyour costs or costs against service, the give and take develops into your operating costs and budgets. Then you have to make sure that the cost can be managed. Otherwise costsc a n g o out of control, or seem to.Air freight is quoted in the currency of the o r i g i n country. Ocean terminal and other accessorial origin charges are also in origin countrycurrency. Warehouses in other countries will invoice in origin currencies. 5. Integration .Within the company, between company and their customers and between company andthier vendors. Integration--bringing it all together--within the company is vital