Logistics - Explained
What is Logistics?
- Marketing, Advertising, Sales & PR
- Accounting, Taxation, and Reporting
- Professionalism & Career Development
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Law, Transactions, & Risk Management
Government, Legal System, Administrative Law, & Constitutional Law Legal Disputes - Civil & Criminal Law Agency Law HR, Employment, Labor, & Discrimination Business Entities, Corporate Governance & Ownership Business Transactions, Antitrust, & Securities Law Real Estate, Personal, & Intellectual Property Commercial Law: Contract, Payments, Security Interests, & Bankruptcy Consumer Protection Insurance & Risk Management Immigration Law Environmental Protection Law Inheritance, Estates, and Trusts
- Business Management & Operations
- Economics, Finance, & Analytics
What is Logistics?
Logistics is described as the entire process that entails how goods are procured from an initial point, stored (if need be), and then transported to their final destination. Logistics may also refer to how a company manages and structurally organizes the procurement, storage, and transportation of resources (goods and services) from one point to another.
Logisticians are logistic managers. Accuracy refers to the ability of a logisticians the logistic department to identify, project, and secure the necessary amount of resources over a given time without incurring waste.