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Logistics

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Logistics is the management of the flow of goods, information and other resources, including energy and people, between the point of origin and the point of consumption in order to meet the requirements of consumers (frequently, and originally, military organizations).

Another related term is business logistics which is the integration of 5 functions in the company, namely, customer service, procurement, production planning, warehousing and transportation.

See Also

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This term or phrase is currently an entry in The SmallBusiness.com Business Glossary WIKI. Please help expand this entry into a more detailed description.

Source

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This entry includes content from the following Wikipedia article: Logistics