Logistics management involves the planning, execution, and control of the movement and storage of goods, services, and information within a supply chain. It ensures that products are delivered to the right place, at the right time, and in the right condition. This process includes activities such as transportation, warehousing, inventory management, and order fulfillment. Effective logistics management helps businesses reduce costs, improve customer satisfaction, and enhance overall efficiency. By coordinating various elements like suppliers, transportation providers, and warehouses, companies can streamline operations and respond quickly to market demands, ultimately leading to a competitive advantage.