If we think for a moment of our favorite store or restaurant, perhaps the concept of logistics doesn’t come to mind at first. But if we contemplate how that particular establishment obtains the products and materials needed to conduct business each day, the importance of logistics to our consumer lifestyle are undeniable. This post is just a reminder, of how important logistics are in our every day life.
Logistics management is that part of the Supply Chain Management process that plans, implements, and controls the efficient, effective forward and reverse flow and storage of goods, services, and related information between the point of origin and the point of consumption in order to meet customers’ requirements. (Maciek Nowak, 2015). Logistics can also be applied to business activities other than transportation, such as warehousing and material handling. Management is a critical element in successful logistics, due to the high degree of coordination and collaboration required among supply chain members.
The transportation and logistics industry is one of the most important industries in the entire world. Anything that can be found in a shop, was once loaded in a truck and transported from one location to another. If there was not a logistics network, it would not be possible to purchase items across the nation from their location of origin. Thanks to the interstate system, each state is able to specialise in certain products and services from which all citizens can benefit.
There are certain products, that are more time sensitive than others. Like fresh products and frozen food. Each day millions of goods, travel billions of miles through precise transportation networks in order to reach their final consumers in a timely manner. The fast and efficient nature of logistics, make customers able to purchase these goods in the ideal time.
Maciek Nowak, (2015). Trends in Supply Chain Management. Quinlan School of Business.