Logistics is the art of managing the supply chain and science of managing and controlling the flow of goods, information and other resources like energy and people between the point of consumption in order to meet the customer requirements. It involves the integration of information, transportation, inventory, warehousing, material handling and packaging.,
Logistics as a business concept is evolved mainly due to the increasing complexity of supplying one’s business with materials and shipping out products in an increasing globalized supply chain calling for experts in the field. This can be defined as having the right item in the right quantity at the right time at the right place for the right price and is the science of process and now incorporated in all industry sectors.
Logistic support and supply chain management is therefore identified as the future thrust area in TSTPC and in this direction TSTPC plans to take up series of activities such as establishing and managing air cargo complexes in major airports in the state, setting up logistics hubs and container freight stations in major centres in the state.
A common user facility with public authority status equipped with fixed installations and offering services for handling and temporary storage of import/export laden and empty containers carried under customs control and with Customs and other agencies competent to clear goods for home use, warehousing, temporary admissions, re-export, temporary storage for onward transit and outright export. Transhipment of cargo can also take place from such stations.
The benefits as envisaged from an ICD/CFS are as follows :
The primary functions of ICD/CFS may be summed up as under: