MANAGEMENT

Detailed explanation-1: -Logistics is the management of supply and transportation to deliver the goods on time and in good shape. handling of operations is a part of the logistics industry, and the need to perform efficient and cheap operations is of utmost importance in the modern competitive world.

Detailed explanation-2: -What is a logistic flow? A logistic flow refers to the organizational efficacy allocated to the activities or operations in a warehouse (from production to distribution), with a view to reducing waste. Logistic flows are also known as “value chains”, “activity chains” or “supply chains”.

Detailed explanation-3: -Logistics describes the process of coordinating and moving resources-people, materials, inventory, and equipment-from one location to storage at the desired destination. The term logistics originated in the military, referring to the movement of equipment and supplies to troops in the field.

Detailed explanation-4: -Logistics is the management of the flow of goods between the point of origin and the point of consumption in order to meet some requirements, for example, of customers or corporations.

Detailed explanation-5: -Logistics is what creates the efficient flow of goods between supply chain partners, allowing profits and competitive advantage to be maximized.