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Logistics management refers to the planning, implementation, and control of the efficient flow and storage of goods, services, and related information from the point of origin to the point of consumption. It encompasses various functions, including transportation, warehousing, inventory management, and order fulfillment, aimed at optimizing supply chain operations. Effective logistics management ensures that the right products reach the right place at the right time, thereby enhancing customer satisfaction and reducing costs. Ultimately, it plays a crucial role in the overall efficiency and competitiveness of a business.

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4mo ago

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Related Questions

Does production management come under logistics management?

No, logistics management is generally a peer to production management.


What are the principles of logistics management?

Logistics management is the planning and scheduling of transport operations through proper fleet


What is the aspect of logistics management that relate to organisation and implementation?

The aspect of logistics management that relates to organization and implementation involves planning, coordinating, and executing the efficient flow of goods, services, and information. This is the core focus of logistics engineering and management, ensuring optimized operations from supply to delivery.


What are the advantages of specification in logistics management?

what are the advantages of specifications in logistic management


Logistics?

Logistics refers to the management and coordination of the flow of goods, services, and information from the point of origin to the final consumer. It involves activities such as transportation, inventory management, warehousing, and distribution.Short Definition: Logistics is the management of the movement and storage of goods and services from origin to consumer.


What are 5 p's of logistics management?

the 4 p's of operationa management are: people parts plants processes planning system


Where is management information system currently used?

Logistics


Explain the function of logistics management?

The function of logistics management is to ensure smooth running of the business. It ensures that good or services are availed wherever they are need at the time required.


Objectives of logistics management?

There are many objectives of logistics management. They include operating objectives, rapid response, minimum inventory, minimum variance, movement consolidation, and quality improvement.


What is integrated logistics management?

Integrated logistics management is the ensure that all plans into the supply chain are controlled, implemented, delivered on time, monitored as well as delivered in good order.


What does Imdad-Logistics mean?

Imdad or إمداد is a word in arabic meaning supply.So Imdad Logistics should mean literally Supply Logistics.


What kind of job would you have in logistics management?

There are several places that you could find work in logistics management. Airports and ship ports definitely need logistics managers coordinating all the transportation of people and cargo. Warehouses for manufacturers need logistics managers to help with inventory and ordering as well as sending and receiving merchandise. The military would be another big employer needing logistics management in the same way as mentioned above.

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