Logistics management is an essential element of the supply chain and involves making sure that goods and services are delivered to the right place at the right time in the most cost-effective manner. It encompasses activities such as planning, sourcing and procuring, inventory control and storage, order processing, transportation and returns/reverse logistics management. The ultimate goal is to maximize efficiency and customer satisfaction, while minimizing costs. Logistics management is a crucial component for businesses seeking to increase their competitive edge in today’s global market.