The most important thing after making the product is to make it available for the end consumer. No matter how wonderful the product is? If it is not available on time the client will definitely react adversely and the overall image of the company, product and the brand name will fall drastically. Logistics this term can be referred to inbound and outbound flow plus storage within and outside the organization, which includes services and information too. Logistics management can be commonly defined as a suitable web of companies includes suppliers and end user with strong collaboration and coordination with the partners. Definitely transportation and handling of the products require extreme vigilance and strict monitoring, instead of monitoring things properly there are some common fears which remain intact with the logistics sector; these factors can be reduced but cannot be eliminated completely.
Delay in delivery of the consignment is the most important factor, after all logistics Sunshine is all about providing the product to the end user or consumer or raw material to the process section, in both aspects delay is disaster, there are so many ways to reduce this risk of delay for example: small scale firms hire third party logistics providing companies in order to seek help reduce delay of the delivery. Secondly, safety of the consignment is the second most priority in logistics, unfortunately time factor and safety factor are two completely inversely relation aspects in logistics and companies are looking of some ways to balance both the points. Every single company requires safe and reliable carrier for the consignment. In order to understand the sensitivity of logistics management one cannot forego the difference between safety of the consignment and delivery of damaged consignment, damage consignment is something related to the damaged form of the product (mishandling, inappropriate packaging and unsatisfactory carrier) all the before mentioned are points of concerns for the logistics management section.
As per the study conducted, “a company’s stock price can drop more than 8% in a day if logistics or supply chain glitch is announced or leaked” but there are so many other factors which may cause damage to a reasonable logistics management, presently logistics departments are shrinking and workload is increasing day by day, carriers are harder to find, safety and compliance demands are high, customers are well informed and demanding. So the culmination of the above mentioned impacts the overall logistics management adversely. In order to make the logistics management more and more efficient it is mandatory to not only get the information beforehand but also, act quickly and before time. Last but not the least in logistics management no matter how well one is going, he/she should be ready for the surprises. Yes! surprises are negative in logistics, bad weather, accidents, unavailable transportation and other reasons like these are just understandable for the client all he/she thinks is bad logistics management. The tip to overcome the fear of logistics mismanagement is to stay proactive.