What is logistics management?
Logistics management is the process of planning, implementing, and controlling the flow of goods, services, and information from origin to destination. The goal is to meet customer requirements while maximizing profits
How does logistics work in supply chain management?
Logistics is the part of the supply chain involved in managing the forward and reverse flow and storage of goods, services, and related information between the point of origin and the point of consumption to meet customers' requirements
What are the key components of logistics?
n order to help improve the process, one must dive into the key components. Here are the five major components of logistics management:
Planning: storage, warehousing, and materials handling
Packaging and utilization
Inventory control
Transportation
Information and control
Green logistics is a business practice that aims to reduce the environmental impact of a company's logistics and delivery network. It can also be called sustainable logistics
