Life Sciences Companies In Logistics Management

Thermo Life Sciences International Trading (Tianjin) Co., Ltd. (for short, TLS) Was registered in Tianjin Free Trade Zone. It is sole distributor of Biosciences Division, Thermo Electron Corp. in mainland China. The logistics operation way of TLS is to bind goods of different manufacturers to Tianjin Free Trade Zone and then ask the customer to clear customs. Nowadays, service is an important marketing way, customers' expectation is higher and higher, and life cycle of product becomes shorter and shorter, so it is necessary to improve Thermo Life sciences' logistics management level. The development of theory and technology makes this possible.Supply chain is a chain which is composed of upstream enterprises and downstream enterprises offering products and services to end users in the process of production and circulation. The goal of supply chain management is to maximize the performance of supply chain. The solutions of TLS regarding supply chain management are as follows, continue to develop the co-operation partnership with manufacturers, manufacturers provide TLS with some demo instruments, manufacturers and TLS use same logistics software, etc.Inventory are the products in the state of storage. Two points should be considered in inventory management, one is customer service level, the other is order processing cost and inventory keeping cost. We can get the quantity of purchase by EOQ model, we also can know when we should place order by a function model. The solution of TLS regarding inventory management are as follows, predict the sales and share the inventory information with manufacturers, etc.Logistics cost are the expenditure of offering service for customer in logistics process. The usual ways to control the logistics cost are as follows, zero-based budget, target cost and responsibility cost. The solution of TLS regarding logistics cost management are as follows, sell or return the products kept too long in stock, avoid the late delivery penalty, etc.The core of customer service is to offer right product and service in right way for right customer and meet the right demand of customer. Logistics service is a kind of customer service. Logistics service includes stock, placing order, delivery and information service. The solution of TLS regarding logistics service management are as follows, offer more special logistics service, help customer succeed, etc.In short, All the mangers and staff of TLS need to attach more importance to logistics management, TLS needs a better communication with manufacturers. TLS needs to sell or return the products kept too long in stock, reduce the logistics cost and offer more special logistics services. TLS's logistics management will become better and better through these ways.