Logistics is about getting the right product to the right customer in the right quantity in the right condition at the right place at the right time and at the right cost (The 7 Rs) - John J Coyle et al.

 

Logistic management deals with efficient and effective management of day to day activity in producing the company`s finished goods and services.

 


Logistics refers to what happens within one company including purchase and delivery of raw materials, packaging, shipment, and transportation of goods to distributors.

 

Logistics involves processes such as

 

1.Inbound transportation

2.Outbound transportation

3. Fleet management

4. Warehousing

5.Materials handling

6.Order fulfillment

7.Inventory management

8.Demand planning