supply chain logistics
Supply chain logistics refers to the process of managing the flow of goods and services from the point of origin to the final customer. This includes planning, implementing, and controlling the efficient movement and storage of products, ensuring that they reach their destination on time and in good condition. Key components include transportation, warehousing, and inventory management.
Effective supply chain logistics helps businesses reduce costs, improve customer satisfaction, and enhance overall efficiency. It involves coordination among various stakeholders, such as suppliers, manufacturers, and retailers, to optimize the entire process. Technologies like inventory management systems and transportation management software play a crucial role in streamlining these operations.