Logistics

Logistics refers to the process of planning, implementing, and managing the flow of goods, services, and information from the point of origin to the point of consumption. It encompasses various activities, including transportation, warehousing, inventory management, order fulfillment, and distribution. The goal of logistics is to ensure that the right products reach the right locations at the right time, in the right quantities, and at the right cost. It is a critical component of supply chain management and involves coordinating and optimizing various resources and activities to improve efficiency and effectiveness in meeting customer demands. Proper logistics can enhance customer satisfaction, reduce costs, and increase overall operational performance within an organization.