Logistics is the science of organising the timely shipment of
goods or information by the most efficient route. This does not
just mean finished goods, but all of the components and materials required to create them. Goods do not just travel from producer to
market – they also travel back again, not least when rejected
by consumers or under end of life legislation.
This is known as reverse logistics. Logistics management
has been defined as the right item in the right quantity at
the right time at the right place for the right price.
The means by which goods travel from the producer to
the consumer is known as the supply chain.
goods or information by the most efficient route. This does not
just mean finished goods, but all of the components and materials required to create them. Goods do not just travel from producer to
market – they also travel back again, not least when rejected
by consumers or under end of life legislation.
This is known as reverse logistics. Logistics management
has been defined as the right item in the right quantity at
the right time at the right place for the right price.
The means by which goods travel from the producer to
the consumer is known as the supply chain.
Read more>> http://www.roadtransport.com
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