FREQUENTLY ASKED QUESTIONS ON LOGISTICS MANAGEMENT
FREQUENTLY ASKED QUESTIONS ON LOGISTICS MANAGEMENT WHAT IS LOGISTICS MANAGEMENT? Logistics management refers to the acquisition, storage and transportation of inventory from its origin to its destination. It involves maintaining the inventory, resources and related information, and getting the goods to the right location at the right time and to the right customer. Advanced end-to-end logistics management solutions drive efficiency by optimizing inventory, cutting costs and overhead, and delivering improved customer service and profits. Learn more about GEP’s supply chain management services and supply chain software solutions. What are the 4 functions of logistics management? To varying degrees, logistics management functions include customer service, sourcing and procurement, production planning and scheduling, packaging, and assembly. Logistics management is part of all the levels of planning and execution, including strategic, operational and tactical. What Are the Four Areas of