ENTREPRENEURSHIP

Detailed explanation-1: -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.

Detailed explanation-2: -Logistics management, as defined by The Council of Logistics Management, refers to the process of planning, implementing and controlling the efficient, effective flow and storage of goods, services and related information from point of origin to the point of consumption for conforming to customer requirements.

Detailed explanation-3: -Transportation in a supply chain refers to the movement of products from one location to another, which begins at the start of the supply chain as materials make their way to the warehouse and continues all the way to the end user with the customer’s order delivered at the doorstep.

Detailed explanation-4: -Logistics refers to the detailed planning and processes involved with the effective supply and transportation of goods.