what is logistics. why it is important.

Answer Posted / rohit a gupta

Logsitics is movemnet of goods or cargo from one
destination to another destination via rail, road, sea or
air. It also a part of Total Supply Chain Management.
Logistics involves the integration of information,
transportation, inventory, warehousing, material-handling,
and packaging, and occasionally security. Logistics is a
channel of the supply chain which adds the value of time
and place utility.

Is This Answer Correct ?    5 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Being a researcher in marketing company how can you search the opportunities and monitor the threats of your product?

1654


Distinguish between Profit and Loss Account and trading a/c

1154


I need the Turn Over Ratio Normally TOR= Cost of sales /Avg Inventory, If i dont have stock (I brought and sold the item once in last 1 yr) in that case what will be my average inventory...

1679


Given the present state of recession in the IT industry As human resource manager how are you going to undertake human resource planning at macro level to tide over this crisis?

1723


difference between speculation business & non speculation business

2955






how will you supervises an NGO project

2360


Imagine that you are appointed as the manager of a reputed company.How will you plan the various activities in your organization ?

1820


this is my bsc final year with mathematics.i want to do an MBA in interview panel asked if you are doing bsc in mathematics then why you want to do an mba as people of your field goes in engineering lines.please help how to deal with that type of question

1495


what is the difference between monopolic competition and under perfect competition?

1812


hi frn iam Ashish frm nepal..ihave got my bank balance in my own name incase of my father or mother.coz they are in Israel and they havent open their account here in nepal...my interview is in 29 nov....so what to do for this problem..if this question is asked than what shall i do?plz reply soon....

1728


What is your the greatest weakness?

621


how many percentage interest sbi calim for home loan

1893


Management Accounting is nothing else but financial & Coast Accounting tailored to the requerments of management Defend of critical the statement give reasons

1745


u r graduate in 2006 so why didnt u do anything during the 3years

1532


HI friends Iam ASHISH ADHIKARI from Nepal,Kathmandu.My interview date is in 29November at 9am.this question is asked to my friend on 24november interview date....he is lucky and he get VISA..Now its my turn.what to do??? 1-Which University do you apply too? 2-Which one accept you? 3-Tell me about your university? 4-How long will You stay in USA? 5-Why did you apply to this university? 6-These subject can also be found in your college why you have entire to go to USA? 7-Who is sponsoring you? 8-What is your university expenses? 9-Your bank statement shows that you have just put money in the bank?how can we say that it is your money?u can also have lend it? 10-Why did you choose USA but not Canada or Germany?

1840