LOGISTICS Kya Hai? [In Hindi] 🧐 Basics of Logistics management || What is Logistics Operations 2023

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In a general business sense, logistics is the management of the flow of things between the point of origin and the point of consumption to meet the requirements of customers or corporations.

LOGISTICS Kya Hai? [In Hindi] 🧐
Basics of Logistics management ||
What is Logistics Operations 2021

It includes 7 R's that overall defines it's complete processes that is,
1. Right Product |
2. Right Customer |
3. Right Quantity |
4. Right Condition |
5.Right Place |
6. Right Time |
7. Right Cost.

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Detailed explaination of Logistics

Logistics is generally the detailed organization and implementation of a complex operation. In a general business sense, logistics is the management of the flow of things between the point of origin and the point of consumption to meet the requirements of customers or corporations. The resources managed in logistics may include tangible goods such as materials, equipment, and supplies, as well as food and other consumable items.

In military science, logistics is concerned with maintaining army supply lines while disrupting those of the enemy, since an armed force without resources and transportation is defenseless. Military logistics was already practiced in the ancient world and as the modern military has a significant need for logistics solutions, advanced implementations have been developed. In military logistics, logistics officers manage how and when to move resources to the places they are needed.

Logistics management is the part of supply chain management and supply chain engineering that plans, implements, and controls the efficient, effective forward, and reverse flow and storage of goods, services, and related information between the point of origin and point of consumption to meet customers' requirements. The complexity of logistics can be modeled, analyzed, visualized, and optimized by dedicated simulation software. The minimization of the use of resources is a common motivation in all logistics fields. A professional working in the field of logistics management is called a logistician.

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#logistics #scm