Logistics is the art of managing the supply chain and science of managing
and controlling the flow of goods, information and other resources like
energy and people between the point of origin and the point of consumption
in order to meet customers' requirements. It involves the integration of
information, transportation, inventory, warehousing, material handling,
and packaging.
The operating responsibility of logistics is the geographical
repositioning of raw materials, work in process and finished inventories
where required at the lowest cost possible.
Logistics and Supply Chain services are provided by a wide range of 3rd
party suppliers.
Origins and definition The word of logistics originates from the ancient
Greek logos (?????), which means ?ratio, word, calculation, reason,
speech, oration?.
Logistics is an idea considered to have transformed from the military's
need to supply thems
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Logistics,
