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What is logistics: Logistics is a critical and essential
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Logistics is a critical and essential component of successful supply chain management. It is responsible for the processing and coordination of all products, raw materials and services throughout the entire supply chain –– from manufacturing and production to distribution, fulfillment and final delivery to customers and end users. In business, logistics may have either an internal focus (inbound logistics) or an external focus (outbound logistics), covering the flow and storage of materials from point of origin to point of consumption, a key factor in supply-chain management. Logistics refers to the process of managing resources, including how they are transported, stored and received. Logistics often goes hand in hand with the global supply chain. An important part of logistics is the steps taken in order to maximize customer satisfaction. What is logistics? It’s more than just moving goods from Point A to Point B. Logistics is the backbone of efficient commerce, encompassing the entire journey of a product—from supplier to warehouse, to the hands of the customer. In today’s hyper-connected and demand-driven market, logistics determines whether a business survives or thrives. From inventory control and order fulfillment to transportation and returns, mastering logistics unlocks faster delivery, lower costs, and better ...
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