Logistics and supply chain management involves the coordination of moving goods from manufacturers to consumers. This includes warehousing, transportation, and inventory management.Efficient logistics systems are crucial for meeting consumer demand and maintaining supply chain integrity.
Type of Logistics and Supply Chain:
Logistics systems include transportation, warehousing, and inventory management. Transportation involves the movement of goods by road, rail, air, and sea. Warehousing includes storage facilities where goods are kept until they are needed. Inventory management involves tracking and managing stock levels to ensure that products are available when required. Supply chain management includes the coordination of production, shipment, and distribution, ensuring that goods reach consumers efficiently. Efficient logistics and supply chain management are crucial for meeting customer demands and maintaining operational efficiency.