Logistics refers to the process of planning, implementing, and controlling the movement of goods and resources from one place to another. It involves everything from sourcing raw materials to delivering finished products to consumers. Logistics management is critical for businesses of all sizes to operate efficiently and cost-effectively. Effective logistics management can result in shorter lead times, reduced transportation costs, better inventory management, and improved customer satisfaction. Supply chain management, transportation management, inventory management, and warehousing are all integral components of logistics. Modern technology, such as cloud-based software and real-time tracking systems, has revolutionized the logistics industry, making it easier than ever for businesses to manage and optimize their supply chains.
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