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Showing posts from February, 2021

LOGISTICS MANAGEMENT

Logistics managemen t is a detailed process of organizing and implementing an operation. When it comes to business, that process is the flow of work from the beginning to the end, in order to fulfill customer expectations as well as those of your organization. A practical and simple way to look at logistics, as quoted from The Handbook of Technology Management, “is as having the right item in the right quantity at the right time at the right place for the right price in the right condition to the right customer.” companies in logistics manages resources that can range from tangible goods (such as materials, equipment and supplies) to food or other consumable items. In doing so, logistics management deals with integrating the flow of information and its management tools, materials handling, production packaging, inventory, cargo for shipping , transportation, warehousing and sometimes security. To model, analyze, visualize and optimize this complex logistical puzzle, the use of a