oboloo Glossary

Logistics Function

oboloo Glossary

Logistics Function

Logistics functions are an integral part of business operations, ensuring that the process of delivering goods and services from your company is as efficient and cost-effective as possible. The primary goal of logistics functions is to accurately calculate the cost of inventory, transportation, storage, timing, personnel, and other factors in order to achieve the most effective and economical mix of staff, materials, customer service, and distribution. From mapping out the best shipping routes to optimizing warehouses, logistics functions are crucial for all companies looking to maximize their profit margins.