Logistics
The detailed organization and implementation of a complex operation is known as logistics.
It is basically the management of flow of things between the point of origin and point of consumption.
In procuring logistics is sourcing of materials needed to manufacture products.
This is a part of chain supplying replacement parts ,operating supplies etc.
The basic role of logistics in the distribution channel is to ensure smooth movement of products to make them available at distribution outlets as and when they are required by the customer.
A major component of distribution logistics is to reduce risk, as well as costs, to create a more resilient supply chain.
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