Logistics is the overall process of managing how resources are acquired, stored, and transported to their final destination. According to Investopedia, Logistics impact a business greatly

  • Poor logistics in a business can impact its bottom line.
  • Logistics is now used widely in the business sector, particularly by companies in the manufacturing sectors, to refer to how resources are handled and moved along the supply chain..

    Manufacturing companies may choose to outsource the management of their logistics to specialists or manage logistics internally if it is cost-effective to do so.

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