ROJECT ON INDIAN LOGISTICS INDUSTRY

Preface Logistic management is the part of the supply chain management, which plans, implements and controls the efficient, effective, forward and backward flow, storage of goods, services, and information between point to point and the point of consumption in order to meet customers requirements. Logistics, as a business concept, evolved in the year 1950s, This was mainly because of increasing complexity in supplying ones business with materials and shipping out products in an increasingly globalized supply chain. This can be defined as having the right quantity at the right time at the right place for the right price and to the right target customers. The goal of logistics work is to manage the function of projects life cycles, supply chain and resultant efficiencies. It involves the generation of inventory, warehousing, information, transportation, material handling and packaging. The operating challenges of logistics is the geographical repositioning of raw materials, work in process and finished inventories where required at the lowest cost possible. The term Logistics originates from the ancient Greek (logos-ratio, word, calculation, reason, speech, oration and there are some define objectives to be achieved through a proper oration) The primary objective of the logistics managements is to effectively move the supply chain so as to extend the desired level of consumer service at the least cost. Thus, logistics management starts with ascertaining customers needs till their fulfillment through product supplies. The main objective of this project is to 1) Study the performance of Indian logistics industry with other countries and cost associated with it. 2) To study the impact of logistics industry on performance of other industry 3) To study the logistics cost associated in different industries.

Siddhartha S Majumder (S-93)

4) To study the transportation cost associated with different modes and

their choice to choose mode. 5) To study the current scenario of Indian Logistics industry. 6) To study the role of global 3PL service providers in India. 7) To study economic zone development for logistics industry.

This report also includes the identification of key strategic elements of the value chain / supply, overview of strategic elements. Each element discussed in-depth to understand the sector opportunities in detail. The details covered include overview of the element in Indian logistics context, importance of the element, market analysis, market competition, stakeholders, end-user analysis, needs and future trend, investments done in the sector, rules, and opportunities in the sector. This is report also supported by financial analysis.

This project report also tells about the prospect of growth in the industry, domestic demand, competitive dynamics and other issues, future prospects, modes of transportation and warehousing, customer service, value addition, product mixing, Global scenario, no. of competitors in the market, location attractive analysis etc.

Siddhartha S Majumder (S-93)