Tag: Logistics

Logistics refers to the process of planning, implementing, and managing the flow and storage of goods, services, and information throughout the supply chain. It involves coordinating the movement of resources from the point of origin to the point of consumption, ensuring efficiency and effectiveness in meeting customer demands. Key components of logistics include transportation, warehousing, inventory management, and order fulfillment. The objective is to optimize operations, reduce costs, and enhance customer satisfaction by delivering the right products at the right time and place.