Logistics

Logistics refers to the systematic coordination and management of the movement and storage of goods, services, and information within a supply chain, from the point of origin to the point of consumption. It encompasses various activities including transportation, warehousing, inventory management, order fulfillment, and distribution. The primary goal of logistics is to ensure that the right products are delivered to the right place at the right time and in the right condition, while also optimizing costs and efficiency. It plays a crucial role in the functionality of businesses and organizations, impacting their overall performance and customer satisfaction. Effective logistics requires careful planning and execution, often employing technologies and methodologies to enhance speed and reliability.