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Understanding the Concept of Logistics Management
Logistics Management is concerned with the day-to-day management of the organization's final product.
Fremont, CA: Originally a military term referring to the movement of equipment and supplies to troops, logistics is now the name given to an organization in charge of handling resources along the supply chain. Meanwhile, to ensure that the business runs smoothly, it is necessary to coordinate and ensure that all materials and people are in the right place at the right time.
What is Logistics Management?
Logistics Management is concerned with the day-to-day management of the organization's final product. The primary goal of logistics management is to allocate the appropriate amount of a resource at the proper time. Logistics Management also ensures that it arrives at the designated location in good condition and gets delivered to the correct internal or external customer.
Who Is Responsible for Logistics Management?
Logistics Management responsibility varies depending on the company and the role, but a logistician is a logistics specialist. They are in charge of coordinating and analyzing an organization's supply chain and overseeing the entire life cycle of any product, from acquisition to delivery.
Why Is Logistics Management Important?
Logistics Management can get reduced to the fundamentals of delivering resources and products to customers most efficiently and effectively possible. It, in turn, provides the best service to customers who are increasingly demanding faster and more efficient services.
Logistics management is also capable of increasing visibility within an organization's supply chains, providing data on real-time movements, and thus advising on and implementing change that directly impacts the organization as a whole.
Logistics Management is a crucial component of any organization's supply chain, managing and overseeing the distribution network to ensure inventory management is under control.
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