CILT FINAL EXAM RESULT – MAY 2018
|Management in Logistics||Fundamentals of Logistics||Supply chain Management||Warehousing & Inventory||Sourcing & Procurement||Multimodal Transport|
|1||RIL/17-18/ERS/002||MUHAMMED NISHAD K||59||55||86||74||65||59|
|3||RIL/17-18/ERS/005||ROSHIN C THOMAS||37||53||26||54||56||30|
|6||RIL/17-18/ERS/0010||ALIF MUHAMMED K A||65||77||75||74||82||89|
|7||RIL/17-18/ERS/0011||SREEKANTH K CHANDRAN||50||74||63||65||74||58|
|11||RIL/17-18/ERS/0016||ANSHAD K K||66||70||73||61||74||76|
|12||RIL/17-18/ERS/0018||MUHAMMED FAVAS P E||54||66||51||63||55||66|
|13||RIL/17-18/ERS/0019||PRAJAY M J||52||58||58||72||61||42|
|15||RIL/17-18/ERS/0021||SHAFEEK ALI P||57||79||73||73||76||53|
|16||RIL/17-18/ERS/0022||MUHAMMAD AJMAL P P||51||75||74||68||71||61|
|20||RIL/17-18/ERS/0030||JOJO P S||67||76||63||69||72||72|
|27||RIL/17-18/ERS/0039||JITHIN A K||54||58||55||69||64||55|
|28||RIL/17-18/ERS/0040||AFSAL P A||66||66||69||74||73||64|
|30||RIL/17-18/ERS/0046||AMAL P P||50||64||63||66||69||67|
|31||RIL/17-18/ERS/0047||SUJIN LAL E T||60||69||63||72||67||53|
|32||RIL/17-18/ERS/0049||SARANYA RAJ S||62||52||57||51||41||55|
|34||RIL/17-18/ERS/0051||ANIS BASIL M||56||51||37||53||63||56|
|35||RIL/17-18/ERS/0052||MOHAMMED RISAL A A||55||57||59||69||61||62|
|37||RIL/17-18/ERS/001||HABEEB RAHMAN K||60||73||77||69||75||73|
|38||RIL/17-18/ERS/003||MUHAMMED SUFAID P K||76||73||78||89||64||73|
|39||RIL/17-18/ERS/007||MUHAMMED RIFAYI N||56||59||67||77||69||62|
|40||RIL/17-18/ERS/0017||SIJIN SHAH S||53||74||71||51||66||50|
|41||RIL/17-18/ERS/0028||NISFAR SALAM K||58||72||62||67||68||69|
|42||RIL/17-18/ERS/0029||MOHAMMED ANWAR K||59||65||67||70||73||70|
Logistics and Technological Innovations
Logistics industry has not been a strong competitor, and has not been able to achieve the deserved attention. There is a lot of scope in this sector, but we are still unable to make the maximum utilization of resources. At the same time we do see a great demand and awareness of the sector in the recent years. Several new companies have started entering the sector to offer services .The advancements in technologies indicates that there are a lot of changes that may take place in the sector. The Logistics sector plays an important role in strengthening the economy. It is the lifeline for every other commercial sector. More and more companies are shifting towards outsourcing operations to third-party. Technology and innovation can lead to a large number of opportunities in Logistics. In order to remain competitive all the competitors must adopt the latest technological advancements. Technology will also bring more speed and efficiency in the system. With many technological interventions, electronic toll-collection systems and reduced requirement of paperwork may cause strong disruptions in the sector. With up gradation of road infrastructure, cargo handling will also shift from air-based to surface-based transport. Overall this will result in achieving better infrastructural utilization, boosting overall feasibility of the network, and improving the bottom line.
Technology will also bring more efficient risk assessment and greater control over the company. The advantages of introducing technology is important as it helps to run differentiated and flexible operations leading to competitive advantages and increased consumer satisfaction.
It will also assist companies to attain a higher degree of personalisation in their consumer offerings. The field of logistics and supply chain management courses in kerala will be known widely.
India has reached the 35th position which will lead to numerous changes in the industry as there will be development and additionally between state cargo, an impact of union government’s dedication to make India as a favoured destination for some worldwide organizations.
Actually speaking the scope and role of logistics have changed over the years. Logistics used to support primary functions such as marketing and manufacturing. The industry has grown up to include warehousing and transportation activities, purchasing, distribution, inventory management, packaging, manufacturing, and even customer service. More than that logistics management courses in kerala has evolved from the old techniques to a strategic one,that provides unique competitive advantage. The global marketplace has forced every industry to transform into a truly customer oriented enterprise.
To stay ahead globally, organizations must always look for innovative strategies to improve their competitiveness. As organizations are globalizing to reach out to new markets and to achieve higher production, logistics will play an important role in moving of materials, products, and services through their supply chains. It is been noticed that the logistics sector is willing to sustain their position in the market, and hence will have to adopt innovations. Logistics service providers must have to adopt and creatively make use of the latest technology, because logistics industry strongly depends on information that is needed for efficient operations. Logistics technologies means the use of the hardware, software, and network design to support processing and exchange. It also includes related components in the supply chain, such as satellite transmissions, web-based ordering, EDI, bar coding, systems for order entry, order processing, vehicle routing and scheduling, inventory replenishments, automated storage, and retrieval systems, etc.Posted by Reliant on Tuesday, June 12th, 2018 at 12:37 pm and is filed under Blog.
The area of business management that is responsible for the movement of raw materials and finished products and development of movement system is called physical distribution. The study and practice of physical distribution and logistics emerged later. The major functions of physical distribution include customer service, order processing, inventory control, transportation and logistics and packaging. It is capable of creating a competitive advantage for organisations. Physical distribution and logistics were somewhat synonymous terms. Physical distribution was the first to emerge, whereas Business logistics, with its broader scope that includes inbound movement, followed later. Since the activities related to logistics were not considered important it led to fragmentation. There were very little attempts made to integrate and balance the activities of logistics .There were no focused distribution or logistics courses in kerala available i.e. not much of an opportunity for managers to learn about the broader concepts of logistics. Later on physical distribution emerged as an area of study. The importance of physical distribution was expanded to include physical supply and was called business logistics. The term Logistics was used to focus on logistics activities that took place within the business firm. Purchasing was not generally considered nor was production. On the other hand, there was a similar movement by those interested in the purchasing activity. Since purchasing was considered as a buying activity, there were efforts to expand the scope to include many of the activities familiar to physical distribution but associated with the inbound side of the firm. Physical distribution indicates a broader concept that includes both inbound and outbound movement whereas business logistics involves both physical supply and physical distribution.
Utilities of time and place are usually considered as physical distribution or logistics activities. Since marketing and production were established functions within business, they laid claim to physical distribution, but their lack of attention led physical distribution (logistics) to be developed as a separate entity and as a new function within the organizational structure. There are several lessons to be learned from the past. Physical distribution and logistics were considered to have broad responsibilities for managing activities that were associated with raw material acquisition till the product flow to the end consumer. Experts did include distribution as a primary activity in the marketing mix, however, distribution seemed to be defined more in terms of transaction channel activities than physical distribution ones. Since the scope of physical distribution was extensive, actual management practice was generally limited to coordination of activities within the logistics function or among those activities associated with product flow. Physical distribution and logistics were accepted by both marketing and production areas, but they gave little attention to issues of product flow. As a result physical distribution and logistics developed as an independent function within business. Thus logistics costs were high and that there was an unrealized opportunity to reduce them. A proper Planning, implementation storage of goods and services, and other related information required in order to meet customer requirements is what comes under the process of logistics. It can be concluded that Logistics will continue to grow in importance as companies continue to outsource, expand their international operations, and do business in a global economic environment.Posted by Reliant on Saturday, May 26th, 2018 at 11:02 am and is filed under Blog.
With the adoption of good warehousing practices, we can improve warehouse operations. Warehouse management if done right can reduce costs, improve customer satisfaction and increase warehouse operational efficiency. The top 11 warehouse management best practices to improve operations are:
1. Using standardized containers to store materials simplify order fulfilment, makes it easier to find and store materials, and giving the warehouse a neater appearance that improves the organization. Using standardized bins minimize the variety of material handling equipment you need. They also eliminate wasted time while pickers search for the right equipment.
2. Use bin locations to ensure that bins and pallets are placed carefully on shelves at the assigned location. This can minimize lost or misplaced inventory and reduces time spent looking for materials.
3. Use clear, readable labels that can be read by people as well as scanners or other equipment to further reduce errors.
4. Implement cross-docking to speed up operations and eliminate excessive inventory handling by delivering goods needed for orders to the shipping dock without making a stop in the warehouse. This reduces the order cycle time and material handling costs
It isn’t easy to manage a warehouse, but it is easy to overlook some of the more common issues that sap productivity and increase costs.
Too much inventory in too little space, or the wrong kind of storage for the goods in the warehouse, can lead to warehouse management problems. Keeping obsolete inventory in the warehouse is another issue — it occupies space and reduces a team’s productivity because employees must periodically count the inventory or move it to make room for more current goods. Excess inventory tends to cause inaccurate inventory records and misplaced inventory as the warehouse team struggles to find space for materials. While warehouse management often takes the blame for inaccurate or misplaced inventory, it’s really the fault of the inventory team and management process. Keeping inventories lean by optimizing order quantities, employing just-in-time or lean methodologies to minimize stock on hand, and disposing of obsolete materials will help ensure that warehouse inventory stays as accurate as possible.
Sometimes warehouse employees avoid taking physical inventories or performing periodic cycle counts because they believe it wastes time and is unnecessary. This is not the case, even when your inventory records are more than 99 percent accurate. Periodic cycle counts should not be done to simply correct balances; but rather cycle counting should be considered a quality management safeguard. Whenever an error is uncovered, rather than simply correcting the on-hand count, the team should undertake an investigation into how the inaccuracy occurred. Finding and filling gaps in procedures will improve warehouse inventory accuracy for all items, not just the occasional discrepancy.
While it isn’t easy to dismantle an entire warehouse to create a new or more efficient layout, improving the layout doesn’t have to be an all-or-nothing project. Too often,warehouse management never makes any changes from the original design, even if the product mix has dramatically changed.
It makes sense to review the layout and product mix periodically — at least annually — to ensure that there is still a good match. If it appears that productivity could be improved by slotting products in a new location or by replacing some of the racking, this minor undertaking can have a major effect on productivity.
A warehouse management or warehouse execution software (WES) solution consolidate picking lists into the most efficient picking order, eliminating multiple trips to the same location; or a warehouse management system (WMS) helping to eliminate paper by sending pick lists to mobile devices, ensuring that the latest version is the one in use. A WES keeps track of inventory locations, quantities on hand and operational status of equipment and personnel. Without a WES, the warehouse is at a productivity disadvantage and will have higher operating costs than similar warehouses that operate with a WMS.
There are many kinds of warehouse automation available — everything from barcode data collection equipment to automated storage and retrieval solutions. Almost every warehouse can benefit from implementing automation.
Automated storage and retrieval solutions allow the warehouse to store a large volume of material in a small footprint. They increase productivity by eliminating unnecessary travel time and improve inventory accuracy by helping to ensure that workers always pick the right materials.Posted by Reliant on Saturday, May 12th, 2018 at 11:19 am and is filed under Blog.
Will warehouses be taken over robots? How GST impacted businesses in India?
The logistics and transport trends in India and the world are
To accomplish higher profitability and efficiencies organizations should AUTOMATE a portion of their supply chain processes. Warehousing, for example, has a tremendous potential to profit by automation. With Amazon utilizing its Robotics division to help with picking orders, restocking and shelving, there’s a great deal of buzz about robots replacing workers. Our interpretation of that is applied autonomy, and different types of mechanization will rise as an extremely appealing alternative. Be that as it may, they will work together with representatives as opposed to supplant them.
We expect to see stricter EU-UK border controls, which may affect road haulage. The good news is that with increased domestic activity within the UK, shipping is likely to get a boost.
2016 was a year of rampant mergers and acquisitions, especially in the global shipping industry. It will be more of CONSOLIDATION of these large players.
Trade and logistics went through an adjustment period in the aftermath of the DEMONETISATION drive in India. As the supply of cash improves, exports and imports are expected to improve and drive up GDP numbers.
E-COMMERCE has been changing the rules of coordination and transportation previously and will continue steamrolling, with Amazon driving the way, be it with apply mechanical technology driven stockroom activities or setting up new sending courses. Conventional coordinations suppliers should keep pace
FREIGHT volumes in shipping will continue to be high, despite rates going up. Global air freight tonnage is expected to show an upward trend, buoyed by the growth showed in 2016. Truckload volumes are also expected to go up.
The Goods and Services Tax (GST) will have long-term implications on the logistics and infrastructure set-up of the nation. It won’t just make transportation more effective yet will likewise introduce a time of very highly organised logistics and transportation in India.
HIGHWAY construction will strengthen road infrastructure in the country.
Businesses will prefer to engage INTEGRATED SERVICE PROVIDERS to manage end-to-end logistics and transport, and to bring in better control, visibility and efficiencies.
JOINT VENTURES may help providers to find synergies in their operations and see opportunities in unexplored markets.
When consolidation happens, the global transport and logistics industry will be about a few large providers and their success will depend on their KNOWLEDGE of the local markets they operate in.
LCL and FCL rates might go up due to reduced global vessel capacities. Also, the complexities of the business environment will make it imperative to bring in world-class innovations to help their clients shipping cargo across international borders.
As the world goes mobile, providers will look at integrating the MOBILE applications to provide smarter solutions to their clients in the transport and logistics.
Large and established logistics will need to contend with disruptors like Uber .
PORTS, all over the world are undergoing a massive transformation. Plans to develop around 40 ports in India to boost transport and logistics.
There will an increased QUEST on hiring the right kind of talent as the industry braces up for the adoption of high-end technology and regulatory compliance.
In India, the rollout of GST will change industry dynamics.
SUPPLY CHAIN DEMANDS will be focused on ensuring on-time last-mile deliveries to keep pace with the rise of disruptors and unconventional business models.
VOLATILITY, Uncertainty, Complexity and Ambiguity (VUCA) will not leave the world anytime soon. The logistics and transportation industry will need to contend with volatility in demand and uncertainties in the economy.
India will soon see the emergence of WAREHOUSING HUBS as a result of the implementation of GST. Some of the cities are Bhubaneshwar, Coimbatore, Goa, Guwahati, Jaipur, Nagpur, Ranchi, Vijayawada and so forth.
Financial YIELDS for the overall logistics and transportation courses in kerala industry is expected to be good. For Indian operators, it may turn out to be a great year, after the implementation of the GST.
The ZEITGEIST of the logistics and transportation industry makes it the right time to make investments in advanced technologies, automation, equipment, and hiring.Posted by Reliant on Monday, May 7th, 2018 at 2:15 pm and is filed under Blog.
So many academic goals that we expect you to achieve.