Understanding  Logistics

Logistics refers to the process of planning, implementing, and controlling the movement of goods from one place to another. It involves a series of activities, including supply chain management, inventory control, freight forwarding, warehousing, shipping, and delivery.

Supply Chain Management

Supply chain management is the coordination of activities involved in the production and delivery of goods. This includes procurement, production, transportation, and distribution.

Inventory Control

Inventory control is the process of monitoring and managing inventory levels to ensure that they are sufficient to meet demand. This involves tracking inventory levels, forecasting demand, and ordering new inventory when needed.

Freight Forwarding

Freight forwarding involves coordinating the transportation of goods from one place to another. This includes choosing the most efficient mode of transportation (such as air or sea), arranging for customs clearance, and tracking shipments.

Warehousing

Warehousing involves the storage and management of goods. This includes receiving incoming shipments, storing goods in a warehouse or distribution center, and fulfilling orders by picking and shipping products.

Shipping and Delivery

Shipping and delivery refer to the process of transporting goods from a warehouse or distribution center to their final destination. This includes choosing a carrier, arranging for delivery or pickup, tracking shipments, and providing customer support.

References:

  • Chopra S., Meindl P. (2015) Supply Chain Management: Strategy, Planning & Operations.
  • Coyle J.J., Langley Jr. C.J., Gibson B.J., Novack R.A., Bardi E.J. (2016) Supply Chain Management: A Logistics Perspective.
  • Hines T., Rich N. (1998) The Seven Principles of Supply Chain Management.
  • Simchi-Levi D., Kaminsky P., Simchi-Levi E. (2007) Designing and Managing the Supply Chain.
  • Yang C.C., Lu C.S., Chen L.C. (2011) Sustainable Logistics and Supply Chains: Innovations and Integral Approaches.
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