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what is logistics

What is logistics?

Logistics refers to the overall process of managing how resources are acquired, stored, and transported to the final destination. It involves the coordination and execution of various operations to ensure the efficient flow of goods from the point of origin to the point of consumption. In a broad business context, logistics plays a crucial role in meeting the demands of customers and corporations by distributing materials and products in the right place and at the right time. This article delves into the significance and scope of logistics in supply chain management.

Keyword

Logistics, resources management, supply chain, goods flow, point of origin, point of consumption.

FAQ

  1. What is the main objective of logistics? Logistics is primarily focused on managing the flow of goods from the point of origin to the point of consumption to meet the requirements of customers and corporations efficiently.

  2. What are some examples of tangible goods managed in logistics? Tangible goods in logistics may include materials, equipment, food, consumable items, and other physical resources essential for the supply chain operations.