The term logistics is often associated with companies that have to move large quantities of products, such as Device manufacturers or retail chains. However, service industries also have logistical concerns. Banks with ATMs must provide them with cash and paper forms and collect deposits. Television stations operate many vehicles to help gather news; and at a major sporting event, broadcasters may have several dozen vehicles on site. Governments and non-profit organizations also have logistics programs.
corporate logistics:
Individual activities or functions, all under the logistics “umbrella” of a trading company, include customer service, demand forecasting, document flow, movement between plants, inventory management, order fulfillment, packaging, parts support, and services. , plant and warehouse location selection. , production planning, purchasing, merchandise returns, waste disposal, traffic management, as well as warehouse and distribution center management. These activities must be planned and carried out in coordination with each other. The logistics manager may pay more for one service item to save even more on another item. For example, air freight, an expensive mode of transportation, saves money on packaging because airlines handle cargo more carefully than some of their competitors. Since the products are delivered faster, your payment will also be received faster.
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