Logistics involves transport, inventory, and warehousing to flexibly manage materials from suppliers to customers according to demands. It represents the storage and flows of materials through production to customers, and is a key part of supply chain management along with suppliers and customers. Logistics integrates materials management and distribution to deliver goods from production to end users.
Logistics involves transport, inventory, and warehousing to flexibly manage materials from suppliers to customers according to demands. It represents the storage and flows of materials through production to customers, and is a key part of supply chain management along with suppliers and customers. Logistics integrates materials management and distribution to deliver goods from production to end users.
Logistics involves transport, inventory, and warehousing to flexibly manage materials from suppliers to customers according to demands. It represents the storage and flows of materials through production to customers, and is a key part of supply chain management along with suppliers and customers. Logistics integrates materials management and distribution to deliver goods from production to end users.
Intro Key components of logistics: transport inventory warehousing Logistics is a diverse and dynamic function that must be flexible and has to change according to the various constraints and demands imposed upon it and with respect to the environment in which it works Logistics = Materials management + Distribution Supply chain = Suppliers + Logistics + Customers Supply and materials management (SCM) represents the storage and flows into and through the production process Distribution represents the storage and flows from the final production point through to the customer or end user. Logistics (Business Processes) Handbook