Besty Global Logistics

Besty Global Logistics For your Innovative and Competitive Logistics & Supply Chain Solutions.

Fifth Party Logistics Fifth-party logistics refers to a concept where a central entity manages the logistics network of ...
03/03/2024

Fifth Party Logistics

Fifth-party logistics refers to a concept where a central entity manages the logistics network of multiple third-party logistics providers on behalf of the client.

✅Essentially, a 5PL provider acts as a coordinator or orchestrator, overseeing the entire supply chain process, including inventory management, transportation, warehousing, and distribution, among others.

💡 They leverage advanced technologies and expertise to optimize the supply chain and enhance efficiency and effectiveness for their clients.


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24/02/2024

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Supply Chain Management (SCM) Vs LogisticsCommon Points between Supply Chain Management (SCM) and Logistics :1- Goal of ...
24/02/2024

Supply Chain Management (SCM) Vs Logistics

Common Points between Supply Chain Management (SCM) and Logistics :

1- Goal of Efficient Movement : Both SCM and logistics share the common goal of ensuring the efficient movement of goods from the point of origin to the end consumer.

2- Customer Satisfaction : Both disciplines contribute to customer satisfaction by delivering products in a timely manner and maintaining quality standards.

3- Inventory Optimization : Both SCM and logistics aim to optimize inventory levels, preventing excess stock while ensuring products are available when needed.

4- Risk Management : Both consider risk management strategies to mitigate potential disruptions, such as natural disasters, geopolitical issues, or supply chain disruptions.

Differences between Supply Chain Management and Logistics :

1- Scope :
SCM : Encompasses a broader and strategic view, including procurement, production, distribution, and collaboration with stakeholders.
Logistics : Focuses more narrowly on the physical movement, storage, and distribution of goods.

2- Time Horizon :
SCM : Often has a longer-term perspective, involving strategic planning for the entire supply chain.
Logistics : Primarily deals with shorter-term, tactical aspects of moving goods.

3- Function:
SCM : Involves strategic decision-making, supplier relationships, and overall coordination of the supply chain.
Logistics : Concerned with the operational aspects of transportation, warehousing, and order fulfillment.

4- Integration:
SCM : Emphasizes integration and collaboration among all stakeholders in the supply chain.
Logistics : Focuses on the integration of transportation, storage, and distribution within a specified network.

5- Processes Involved :
SCM : Encompasses a wide range of processes, including strategic planning, demand forecasting, and supplier relationship management.
Logistics : Involves specific operational processes such as transportation management, warehouse operations, and order fulfillment.

In essence, while logistics is a subset of supply chain management, SCM takes a more comprehensive and strategic approach, while logistics deals specifically with the operational aspects of physical distribution and transportation. Both are integral to the overall success of managing the flow of goods and services.


Logistics vs Shipping vs Supply ChainThese terms are so closely related that sometimes, they are used interchangeably.Bu...
23/02/2024

Logistics vs Shipping vs Supply Chain

These terms are so closely related that sometimes, they are used interchangeably.

But what do they really mean and how do they differ from each other?

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In this sheet, we have provided a clear and concise comparison of logistics, shipping, and supply chain, highlighting their distinct characteristics, objectives, and roles in business operations such as:

1. Definition
Logistics (LOG): Management of the flow of goods, services, and information between the point of origin and consumption to meet customer requirements.

Shipping (SH): The physical process of transporting commodities and merchandise goods and cargo.

Supply Chain (SC): The network of all the individuals, organizations, resources, activities, and technology involved in the creation and sale of a product from the delivery of source materials from the supplier to the manufacturer, and eventually to the customer.

2. Scope
LOG: Broad, encompasses SH and parts of SC.
SH: Narrow, focused on the transportation of goods.
SC: Very broad, covers end-to-end process including LOG.

3. Activities
LOG: Involves warehousing, transportation, inventory management.
SH: Primarily concerned with packaging, labeling, and the physical movement of goods.
SC: Includes procurement, production planning, logistics, and customer service.

4. Objective
LOG: Efficient and effective transportation and storage of goods.
SH: Safe and timely delivery of goods.
SC: Streamlining operations from manufacturer to consumer to maximize customer value and gain a competitive advantage.

5. Focus
LOG: Focus on operational details.
SH: Focus on transit specifics.
SC: Focus on overall strategy and integration of activities.


CHEMICAL WAREEHOUSINGChemical warehousing is the management of specialized storage and handling of chemical products and...
16/02/2024

CHEMICAL WAREEHOUSING

Chemical warehousing is the management of specialized storage and handling of chemical products and related products in dedicated facilities, which are specifically designed to meet safety standards protocols associated with chemical storage. These warehouses play an important role in the chemical supply chain by ensuring safe, secure, and compatible storage of various chemical substances before they are distributed to end users. Chemical warehousing necessitates specific procedures and infrastructure to handle the diverse and hazardous nature of chemicals.

The chemical warehousing trends is growing due to increase in chemical production, increase in demand for warehousing and distribution logistics in the e-commerce industry, and rise in the need to handle and distribute dangerous chemicals. However, lack of control of manufacturers is hampering the market growth. Furthermore, introduction of blockchain technology in warehouse management is anticipated to create lucrative market growth opportunities for the companies operating in the market.

Production of various chemicals has been on the rise in recent years, owing to growing demand from various end-use industries. After the COVID-19 pandemic, major chemical manufacturers shifted tier focus away from China and diversified their manufacturing facilities in other parts of the worlds, majorly in Asia and Latin America regions. In recent years, India also emerged as a major chemical producing country driven by strong government focus, low labor wages, strong geopolitical location, global trade reach, and increase in import and export activities. India currently manufactures around 80,000 different chemicals, which are used in various industries such as clothing, automotive, farming, packaging, medications, health care, construction, and technology.

The country also exports a huge portion of its manufactured chemicals that need to be safely stored, which, in turn, is anticipated to boost the growth of the global chemical warehousing market in the future. Thus, increase in chemical production for various end-use industries is anticipated to propel growth of the market during the forecast period.

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The seven rights/objectives of logistics, also known as the "7 R's" of logistics, are:1. 💡Deliver the Right Product: Ens...
12/02/2024

The seven rights/objectives of logistics, also known as the "7 R's" of logistics, are:
1. 💡Deliver the Right Product: Ensure that the right product is available to be sent to the customer at the right time.

2. 💡In the Right Place: Ensure that the product is located in the right place to meet the customer's needs.

3. 💡In the Right Quantity: Maintain optimal inventory levels to ensure that the correct amount of products is available without excess or shortage.

4. 💡In the Right/Correct Condition: Ensure that the products are in proper condition and that they reach the customer in perfect condition.

5. 💡To the Right Customer: Focus on delivering products to the right customers and meeting their specific expectations and requirements.

6. 💡At the Right Time: Meet delivery deadlines and ensure that products are available when the customer needs them.

7. 💡At the Right (lowest possible) Cost: Optimize logistics processes to minimize operating costs and maximize efficiency in the supply chain

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SEA FREIGHT FORWARDINGFreight forwarding is a business that organizes shipments for individuals or corporations to get g...
04/02/2024

SEA FREIGHT FORWARDING

Freight forwarding is a business that organizes shipments for individuals or corporations to get goods from the manufacturer to a customer or a final point of distribution. Freight forwarders specialize in lowering costs and facilitating the logistics of transportation. Moreover, a freight forwarder is responsible for transportation of goods from one destination to another. Sea freight forwarding is a method of transporting large amounts of goods using carrier ships. Goods are packed into containers and then loaded onto a vessel. A typical cargo ship can carry around 18,000 containers, which means that sea freight is a cost-efficient way to transport high quantities over large distances.

Furthermore, sea freight forwarding is mostly done using containers loaded with cargoes these containers are of two types of full container load (FCL) and less than container load (LCL). FCL means a single container that is booked by the shipper exclusively for the transportation of their cargo and the shipper does not have to share the container with cargo booked by other shippers. Thus, FCL enhances security and simplifies sea freight logistics management. Whereas in LCL the exporter does not have to book an entire container because the size of the cargo is small. In addition, smaller shipments are needed to be sent economically and are less time-sensitive therefore, sent via LCL container.

Rise in air freight charges has increased the demand for transportation of cargo through waterways. Since, transportation of cargo through marines is economical & efficient and heavy & bulky cargo can be easily transported. Moreover, demand for safe and environment friendly transportation is increasing the demand for sea freight forwarding. For instance, according to United Nations Conference on Trade and Development (UNCTAD), approximately 1.68 billion tons of cargo is transported every year around the world in 177.6 million containers covering 998 billion tons-miles. Moreover, in 2019 world’s leading sea freight forwarding company Kuehne + Nagel generated around $28 billion from its worldwide operations.

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Defence Logistics (DL)Defense Logistics (DL) involves supplying the necessary resources for the composition and support ...
02/02/2024

Defence Logistics (DL)

Defense Logistics (DL) involves supplying the necessary resources for the composition and support of the defense industry in various operational scenarios. Logistics plays a crucial role in ability of a military to sustain a continuous deployment or effectively react to unforeseen challenges by facilitating the movement of equipment, ammunition, vehicles, and other wide range of resources between different locations. Defense logistics encompasses the procedures, assets, and systems essential for creating, transporting, sustaining, and redistributing or reallocating materials and equipment. The proficiency with which a nation carries out these functions is directly correlated to its military strength. The effective ex*****on of these processes offers strategic flexibility upon a country but also holds the potential to secure a decisive position of advantage.

Factors such as growth in the surge in government defense expenditure and military modernization programs, rise in military conflicts and geopolitical tension, and increase in the need for an effective and resilient supply chain for military drive the growth of the defense logistics market. However, lack of infrastructure, and increase in cybersecurity threats hinder the growth of the market. Furthermore, rise in the focus on sustainability and environment friendly practices in defense logistics, and technological advancements offer remarkable growth opportunities for the players operating in the defense logistics market.

The defense logistics is segmented on the basis of end-user, transportation mode, commodity, and region. On the basis of end-user, it is divided into army, navy, and airforce. On the basis of transportation mode, the market is classified roadways, airways, waterways, and railways. On the basis of commodity, it is fragmented into armament, technical support & maintenance, medical aid, and others.

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Last mile delivery, also known as last mile logistics, is the last leg of a journey comprising movement of goods from a ...
20/01/2024

Last mile delivery, also known as last mile logistics, is the last leg of a journey comprising movement of goods from a transportation hub or warehouse to the final delivery destination. Last mile delivery aims to deliver items to customers as quickly as possible while minimizing company costs. Last mile delivery accounts for more than 50% of the total shipping cost. Present, increased use of internet along with the expansion of the e-commerce industry fuel the adoption of online shopping, which in turn requires better and efficient means to deliver the product to the customer.

In addition, last mile delivery has gained more popularity during the COVID-19 pandemic, owing to growth in demand for contactless and home-based delivery service. For instance, in March 2020, Matternet, developer of world's leading urban drone logistics platform, unveiled its new Matternet Station to support peer-to-peer drone logistics networks for urban environments. Autonomous M2 drone and Cloud Platform provide an intuitive user interface for sending & receiving medical payloads and a safe & secure drone portal for hospital campuses.

Further, adoption autonomous delivery to reinforce demand, cost cutting, and lead time reduction, owing to adoption of multi-modal system and growth in e-commerce industry, coupled with rise in B2C deliveries are expected to create numerous opportunities for growth and expansion of the last mile delivery market.

The last mile delivery is segmented into delivery mode, application, destination service type, vehicle type, mode of operation and region. By vehicle type it is fragmented into motorcycles, light commercial vehicles (LCV), heavy commercial vehicles (HCV), and drones. Depending on the mode of operation it is classified into non-autonomous and autonomous. By delivery mode it is fragmented into regular delivery and same-day delivery or express delivery. By region, the market has been studied across North America, Europe, Asia-Pacific and LAMEA.


There is a difference between Purchasing and Procurement. Don't confuse the two.
10/11/2023

There is a difference between Purchasing and Procurement. Don't confuse the two.


Origin of “Logistics”(اللوجستيات)The common view is that the term logistics comes from the late 19th century from Frenc...
05/10/2023



Origin of “Logistics”(اللوجستيات)

The common view is that the term logistics comes from the late 19th century from French word “Logistique” (means TO LODGE) which first appeared in the book "The Art of War" by Baron Henri who was the general in French army during Napoleon's time.

The term logistics has its origins in the military. From that perspective, it applies to the process of supplying a theater of war with troops, equipment and supplies. In industry field they borrowed this term and have applied it to the discipline known as “Business Logistics”. The French army used this concept in the world war.

Others said that logistics is a Greek origin to the word “λόγος” (LOGOSH), meaning reason,“λογιστικός”(LOYISTIKOSH), meaning accountant or responsible for counting.

Origin of “Supply Chain” (سلاسل الامداد)

The term "supply chain management" entered the public domain when Keith Oliver, a consultant at Booz Allen Hamilton (now Strategy&), used it in an interview for the Financial Times in 1982. The term was slow to take hold. It gained currency in the mid-1990s, when a flurry of articles and books came out on the subject.

In the late 1990s it rose to prominence as a management buzzword, and operations managers began to use it in their titles with increasing regularity.


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