A Study on Logistics Management Practices and their Impact on Opertional Efficiency in Shipping and Logistics Company
A Study on Logistics Management Practices and their Impact on Opertional Efficiency in Shipping and Logistics Company
Ms. R. JAVI PRABHA
MBA, NET, Assistant Professor, School of Management, Dhanalakshmi Srinivasan University, Samayapuram, Trichy.
V.M. BARATHI RAJA
II MBA, School of Management, Dhanalakshmi Srinivasan University, Samayapuram, Trichy.
ABSTRACT:Logistics management plays a vital role in ensuring the efficient movement, storage, and distribution of goods within an organization. Effective logistics practices help companies coordinate transportation, warehousing, inventory control, and order processing activities, which significantly influence operational performance. In today’s competitive business environment, logistics companies focus on improving their logistics systems to enhance operational efficiency, lower costs, and provide better customer service. The study investigates the relationship between logistics management practices and its operational efficiency in shipping and logistics company. It determines how key logistics management practices including transportation, warehousing, inventory handling, and distribution systems contribute to the overall performance of the company, in addition to the using of modern technology in logistics improves logistics planning and coordination, tracking real-time progress and decision-making processes within company to make the efficient operations such as, improves delivery performance, reduce operational delays, optimize resource usage, and maintain customer satisfaction and also aim to identify problems faced in operations and suggest the improvement. The findings of the study highlight the need for a balanced approach that makes the effective logistics management which significantly improves operational efficiency by reducing delays, optimizing resource utilization, and ensuring timely delivery of goods. Therefore, improving logistics planning, coordination, and technology adoption can enhance the overall operational performance of the shipping and logistics company.
Keywords: Logistics Management, Operational Efficiency, Transportation, Business Performance, Warehousing, Inventory Control, Supply Chain Management, shipping and logistics