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Logistics involves managing processes in the supply chain to ensure efficient operations and customer satisfaction through strategic planning and technology utilization.
Logistics encompasses the processes that control the distribution, maintenance, and replacement of materials and personnel to support the supply chain. It involves functions like procurement, inventory management, transportation, and warehousing to ensure efficient operations.
Effective supply-chain management integrates key processes such as customer relationship management, order fulfillment, and procurement into a value delivery network. By optimizing these processes, companies can achieve greater cost efficiency, improved customer service, and enhanced competitiveness in the market.
Through the use of technology, data analytics, and strategic planning, businesses can streamline their logistics and supply chain operations to meet consumer demands, reduce costs, and enhance overall performance.
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