Mastering the Key Functions of Logistics Management for 2024
Introduction Logistics management plays a vital role for making sure that goods transport from manufacturers to consumers smoothly and efficiently. It involves careful planning, controlling, and overseeing the flow of goods and services to fulfil customer demands. As we move into 2024, mastering logistics management is more crucial than ever due to the increasing complexity of global supply chains and rising customer expectations. This article explains the key functions of logistics management. What Is Logistics Management? Logistics management is the process of managing the movement of goods, services, and information from one place to another. It is part of supply chain management, which involves every step from making the product to delivering it to the customer. The main purpose of logistics management is to make sure that goods arrive at the right place, at the right time, and in the right condition. Let’s look at the seven key functions of logistics man...