Definition
Logistics is the management of materials’ flow from one location to another. Logistics involves the integration of information, transportation, inventory, warehousing, material handling, and packaging.
Extended Definition
Logistics is concerned with managing transportation, warehousing, and inventory stocking activities. According to the Council of Logistics Management Professionals (CSCMP 2011), it is the process of planning, implementing, and controlling the efficient, effective flow and storage of goods, services, and related information from point of origin to point of consumption for the purpose of conforming to customer requirements. Transportation planning is a vast field that involves complex decisions about transportation modes, carriers, vehicle scheduling and routing, and many other activities that serve to move products through the company’s supply chain (Shapiro 2001). The...
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Makris, S., Alexopoulos, K., Chryssolouris, G. (2018). Logistics. In: The International Academy for Production (eds) CIRP Encyclopedia of Production Engineering. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-35950-7_6558-4
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DOI: https://doi.org/10.1007/978-3-642-35950-7_6558-4
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