Logistics Management - E-book - ePub

Logistics is a part of the supply chain management whichstrategies, executes and manages the storage and flow ofproducts and goods between two points. The first point is theorigin of the goods or the place of storage/production and theendpoint is the place where the products or goods are goingto be consumed according to the demands of the customers inthat specific area. Logistics includes activities like warehousing, transportation, inventory management, order fulfillment, planningdemand and supply, packaging, assembling, scheduling thedelivery of packages, managing third-party logistics serviceproviders and customer service.
Strategic planning andexecution of the plan are what logistics is entirely based on. The other functions of demand and supply chain are highlydependent on the accurate functioning of logistics. It helps inmanaging and optimizing all these activities and keeps the chaingoing.