Sourcing And Logistics

Sourcing And Logistics

Sourcing And Logistics

oboloo’s Glossary

Sourcing and Logistics is an essential part of the business world, and it has an official definition. Sourcing is the process of obtaining goods and services from external sources, while Logistics is the management of the flow of resources between the point of origin and the point of consumption. Together, Sourcing and Logistics are responsible for the procurement, distribution, and delivery of goods and services. This process involves the coordination of resources and activities, such as transportation, warehousing, inventory management, and customer service. It also involves the integration of information and communication technologies, such as supply chain management systems, to ensure the efficient and effective delivery of goods and services. Sourcing and Logistics are critical to the success of any business, as they ensure that the right products are delivered to the right customers at the right time.