Exactly! Logistics is all about making sure the right products get to the right place, at the right time, in the right condition, and at the right cost.
To expand a bit more, logistics typically involves several key functions:
- Transportation – Choosing the best mode (truck, rail, air, ship) and route to move goods.
- Warehousing – Storing goods efficiently and safely until they’re needed.
- Inventory Management – Keeping track of how much product is on hand, where it is, and when more is needed.
- Order Fulfillment – Picking, packing, and shipping goods to customers.
- Supply Chain Coordination – Working with suppliers, manufacturers, and distributors to keep everything flowing smoothly.
- Information Flow – Using software and tracking systems to monitor goods and data throughout the process.
