Logistics Is A Commercial Activity That Involves Transporting Goods To Customers
Logistics Logistics is the management of the flow of goods and services. It is the detailed organization and implementation of a complex operation. The main objective of logistics is to meet customer requirements. In short, logistics is the science of delivering and distributing products and services. In the most basic sense, logistics is the flow of things. Managing the flow of goods and services is important. It is the process of making sure that goods are in the right places at the right times. The global Logistics market is estimated to account for US$ 8627.4 Mn in terms of value by the end of 2027, exhibiting a CAGR of 5.3% during the forecast period (2020-2027). Companies that manage their inventory effectively can increase their profits by increasing inventory turns. Inventory turns, a measure of how often a product or service sells, are important metrics for any company. For example, slow inventory turns can inform decision-making on when to offer incentives and discount p
