Glossary

L

Logistics

Logistics refers to the process of planning, implementing, and controlling the movement and storage of goods, services, and information within a supply chain. It involves activities such as transportation, warehousing, inventory management, packaging, and distribution. The goal of logistics is to ensure that the right products are delivered to the right place at the right time while minimizing costs and maximizing efficiency. Effective logistics management is essential for businesses to meet customer demand, optimize resources, and maintain competitive advantages in the marketplace.

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