Logistics (redirected from Supply and transport)

Logistics

The overall management of the way resources are moved to the areas where they are required.

Notes:

This term originated in a military context, referring to how personnel acquire, transport, and store supplies and equipment. In the business community, the term is used to refer to how resources are acquired, transported and stored along the supply chain. By having an efficient supply chain and proper logistical procedures, a company can cut costs and increase efficiency.

See also: Inventory, Inventory Turnover, Just In Time, Supply Chain Management, Supply Chain