oboloo Glossary

Logistics In Supply Chain Management

oboloo Glossary

Logistics In Supply Chain Management

Logistics in supply chain management is the practice of efficiently managing resources, services, and goods from the point of origin to their desired destination. It involves activities such as order processing, inventory control, warehousing, and transportation. Logistics ensures that all the necessary components needed for production are acquired in a timely and efficient manner to meet demand. It also includes the tracking and traceability of the product throughout the entire supply chain process to ensure customer satisfaction. Logistics is vital for creating a competitive advantage over other companies by providing better customer service and faster delivery times.