Logistics and Supply Chain Management

Contents: Preface. 1. Concept of logistic. 2. Logistics and supply chain management. 3. Logistics and industrial activity. 4. The Bihar State: an overview. 5. BSRTC: An overview. 6. Passenger transport. 7. BSRTC Financial performance. 8. Summary and conclusion. Annexure compendium of transport terms. Bibliography.

"The significance of a logistics system lies in the fact that it leads to ultimate consummation of the sales contract. There is no doubt that better delivery schedule is a good promotional strategy when buyers are reluctant to invest in warehousing and keeping higher level of inventories. Similarly, better and/or timely delivery helps in getting repeated orders through creation of goodwill for the supplier. Thus, as effective logistics system contributes immensely to the achievements of the marketing objectives of a firm. It creates time and place utilities in the products and thereby helps in maximizing the value satisfaction to consumers.

The book is indispensable in present scenario because Logistics is also important on the global scale. Efficient logistics system throughout the world economy are a basis for trade and a high standard of living for all of us. An efficient logistics system allows a geographical region to exploit its inherent advantage by specialising its productive efforts in those products in which it has an advantage and by exporting these products to other regions." (jacket)