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Logistics And Supply Chain Analysis

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Introduction to Logistics and Supply Chain Management Logistics is crucial in any manufacturing process, retail businesses and other operations. Logistics is the management of flow of things from the starting point till the consumption to meet customers and company requirements. It connects all the stages from finding the raw materials to distributing the finished product. Layam defined logistics as having the right product or service at the right place, at the right time, for a right price and in the right condition. The term Logistics as a business concept became common and familiar because of the complex modern business environment. The aim of logistics is managing the process in the most effective and efficient way. In business terms
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