What is Logistics Management? Meaning, Definition, and Example

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Logistics refers to the process of planning, implementing, and controlling the efficient flow of goods, services, and information from the point of origin to the final consumer.

For complete lecture, visit: https://youtu.be/4-QU7WiVxh8

Logistics management is the strategic coordination of these activities to ensure that products are delivered in a timely, cost-effective manner. Logistics management involves tasks like transportation, warehousing, inventory management, and order fulfillment.

To define logistics, it is essentially about optimizing resources and processes to meet customer demand while minimizing costs. Understanding logistics management is crucial for businesses aiming to enhance operational efficiency and customer satisfaction.

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Certified Supply Chain Expert (CSCE)
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