oboloo Glossary

Logistics And Supply Chain Management

oboloo Glossary

Logistics And Supply Chain Management

Logistics and Supply Chain Management is a comprehensive process of managing the flow of goods and services from the point of origin to the point of consumption. It involves planning, controlling, and executing complex operations – from sourcing and procurement, transport and storage, production, distribution, and fulfillment. At its most efficient, it allows businesses to move their product effectively while controlling costs, allowing them to meet customer demand at an optimal level. Logistics and Supply Chain Management offers immense potential for increased efficiency, cost savings, and improved customer satisfaction. With its strategic approach to business operations, it’s no wonder that companies are turning to Logistics and Supply Chain Management to stay ahead in the market.