Understanding the Key Functions of Logistics Management
Logistics management plays an essential role in ensuring the smooth flow of goods from suppliers to customers. By understanding the key functions of logistics management, businesses can simplify operations and enhance efficiency. These functions include transportation, warehousing, inventory management, order fulfilment, and customer service. Effective logistics management helps reduce costs, improve delivery times, and ensure customer satisfaction. It also involves careful planning and coordination to manage resources, track shipments, and handle any disruptions. Mastering the key functions of logistics management is crucial for businesses looking to optimise their supply chain and stay competitive in today’s fast-paced market.