Logistics management is the complete process of managing the accumulation, storage, and transportation of products from origin to their endpoint. It is an important aspect of supply chain management that also includes proper handover of the associated information between the two parties.
Logistics management activities can be described in detail as the inclusion of comprehensive transportation management, storage, handling of goods, managing fleet, fulfillment of orders, inventory management, administration of supply and demand, and planning/execution of third-party services.
Logistics management comprises accumulation and sourcing, customized service, managing and setting up of production, and packaging. It includes all key phases of the complete transportation development added along with scheduling, operational and strategic tasks. And blending all other tasks, with correct logistics combination with other occupations such as sales, manufacturing, marketing, investment, and latest advancements. Key activities present in Logistics management are:
Accumulation and assignment of supervision and plans.
Seller and customer order management.
Accurate and safe packing, handling, and transport management.
Both inbound and outbound logistics activities.
Management of supply chain and blending other relative actions.
Individual track of goods across the complete supply chain.
Selection and management of various vendor links.
Streamlining and scrutiny of the transportation and products carried in the process.