Logistics is defined as the handling an operation that involves providing labour and materials be supplied as needed. It refers to movement of inbound raw materials and other supplies as well as outbound physical distribution. Therefore activities that deals various aspects like procurement, movement, maintenance, and disposition of supplies, equipment, facilities and personnel and the provision of services is known as logistics.
Hence logistics is both a science and an art of managing and controlling the things for production. It is a very crucial part of marketing and management. The success of management depends on logistical support to a great extent. It comprises of various processes like information, transportation, inventory, warehousing, material handling and packaging. It is an ancient concept that can be traced back to the Greek and the Romans military and its need to supply itself with the required goods. It became a business concept only in the 1950's.
Hence logistics is both a science and an art of managing and controlling the things for production. It is a very crucial part of marketing and management. The success of management depends on logistical support to a great extent. It comprises of various processes like information, transportation, inventory, warehousing, material handling and packaging. It is an ancient concept that can be traced back to the Greek and the Romans military and its need to supply itself with the required goods. It became a business concept only in the 1950's.
