"Logistics is a part of supply chain management that deals with the efficient forward and reverse flow of goods, services, and related information from the point of origin to the point of consumption according to the needs of customers."
Logistics is the process of planning, implementing, and controlling the efficient, effective flow and storage of goods, services, and information from the point of origin to the point of consumption. It's necessary to understand different logistics strategies and methods, including inventory management and supply chain management.
Transport modes: Understanding the different modes of transportation including air, road, rail, and sea, and the advantages/disadvantages of each.
Freight forwarding: The process of arranging the shipment of goods from one point to another through a third-party logistics provider.
Warehousing: The storage and distribution of goods in a secure and efficient manner.
Inventory management: Techniques for controlling the levels and movement of inventory, from procurement to delivery.
Supply chain management: The coordination of activities involved in the production and delivery of goods, from the sourcing of raw materials to the delivery of finished products to customers.
Route optimization: Strategies for reducing transportation costs and minimizing delivery time through efficient route planning.
Freight rates: The cost of transporting goods by different modes of transportation and the associated factors affecting rates.
Customs regulations: Compliance with international trade regulations, import/export procedures, and various customs requirements.
Last mile delivery: The final leg of the transportation process, involving the delivery of goods to the end customer.
International logistics: The logistics processes involved in transporting goods across national borders, including customs clearance and compliance with regulatory requirements.
"Logistics management is a component that holds the supply chain together."
"The resources managed in logistics may include tangible goods such as materials, equipment, and supplies, as well as food and other consumable items."
"In military logistics, it is concerned with maintaining army supply lines with food, armaments, ammunitions, and spare parts apart from the transportation of troops themselves. Meanwhile, civil logistics deals with the acquisition, movement, and storage of raw materials, semi-finished goods, and finished goods."
"For organizations that provide services such as garbage collection, mail deliveries, public utilities, and after-sales services, logistical problems also need to be addressed."
"Logistics deals with movements of materials or products from one facility to another (e.g. from the production facility to assembly plants to distribution centers); it does not deal with the material flow within the production or assembly plants (e.g. production planning or single-machine scheduling)."
"Logistics occupies a significant amount of the operational cost of an organization or country."
"Logistical costs of organizations in the United States incurred about 11% of United States national gross domestic product (GDP) in 1997."
"Logistics incurred 8.8 to 11.5% of the national GDP in 1993 for countries in the European Union (EU)."
"The complexity of logistics can be modeled, analyzed, visualized, and optimized by dedicated simulation software."
"The minimization of the use of resources is a common motivation in all logistics fields."
"A professional working in the field of logistics management is called a logistician."