Abstract:Logistics includes the processes of planning, implementing, and controlling the efficient, cost‐effective, and synchronized flow and storage of raw materials, inventory, finished goods, and related information, from point of origin to point of consumption and vice versa (as it concerns data, vessels, reverse logistics). While it initially emerged from the preparation and organization of military operations, logistics is now used to optimize issues as diverse and complex as corporate management, global trade, a… Show more
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