Logistics Meaning

The goal of logistics is to meet customer requirements in a timely cost effective manner.

Logistics meaning. Logistics management involves identifying prospective distributors and. It includes all aspects of the chain of production including design suppliers financing information energy transportation distribution and sales. Logistics is the process of planning and executing the efficient transportation and storage of goods from the point of origin to the point of consumption. Logistics is basically ensuring that all the material and personnel are in the right place at the right time to make sure that a project or a business objective is accomplished.

Logistics refers to what happens within one company including the purchase and delivery of raw materials packaging shipment and transportation of goods to distributors for example. In the military it is the science of planning and carrying troops and equipment plus the movement and maintenance of forces. Originally logistics played the vital role of moving military personnel equipment and goods. Logistics synonyms logistics pronunciation logistics translation english dictionary definition of logistics.

In a general business sense logistics is the management of the flow of things between the point of origin and the point of consumption to meet the requirements of customers or corporations. Logistics and supply chain management are terms that are often used interchangeably but they actually refer to two aspects of the process. How are logistics and logic related. Logistics definition is the aspect of military science dealing with the procurement maintenance and transportation of military matériel facilities and personnel.

The careful organization of a complicated activity so that it happens in a successful and. The aspect of military operations that deals with the procurement distribution maintenance and replacement of materiel and personnel. How to use logistics in a sentence. Logistics is the integration and management of the product value chain from suppliers to the customer.