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Saturday, 14 January 2017

Definition - What does Logistics Management mean?

Definition - What does Logistics Management mean?




Logistics management is a supply chain management component that is used to meet customer demands through the planning, control and implementation of the effective movement and storage of related information, goods and services from origin to destination. Logistics management helps companies reduce expenses and enhance customer service.
The logistics management process begins with raw material accumulation to the final stage of delivering goods to the destination.
By adhering to customer needs and industry standards, logistics management facilitates process strategy, planning and implementation.

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