Logistics

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Logistics is the management of the flow of goods, information and other resources, including energy and people, between the point of origin and the point of consumption in order to meet the requirements of consumers (frequently, and originally, military organizations).

Another related term is business logistics which is the integration of 5 functions in the company, namely, customer service, procurement, production planning, warehousing and transportation.

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Source

This entry includes content from the following Wikipedia article: Logistics