Logistics; the Process of Transporting and Storing Goods from One Point to Another
Logistics refers to the process of managing how resources are acquired, stored, and transported to their final destination. It is a highly integrated supply chain network that links producers and consumers through multiple transportation modes, including air and express delivery services, maritime, freight rail, and truck transport. Logistics manages the flow of resources from the point of production to the point of consumption to satisfy the needs of the customers. Some of the major logistics functions include production, procurement, distribution, disposal, and after-sales logistics. In short, logistics manages or facilitates the movement of goods from each stage of creation to shipment. Logistics It is an essential function in the production process. The flow of goods from production facility to a customer's door is managed effectively, and this is the main goal of the process. Usually, it is a very complex operation, and a successful logistical system ensures that goods get ...