Logistics is the network of services that support the physical movement of goods, trade across borders, and commerce within borders.
Basically, trade logistics deals with the question of whether a trading company handles certain trade goods directly and sends them through service partners to the customer, retailer as well as supplier or whether the trade goods are stored beforehand. The faster the goods arrive at the customer or supplier, the better. Managing this is a major challenge for every retail company and thus for retail logistics.
Procurement Logistics
Procurement logistics encompasses all activities involved in sourcing, purchasing, and receiving goods from suppliers. This includes supplier selection, order management, and inventory control to ensure timely delivery of materials at the most cost-effective rates.
Production Logistics
Production logistics focuses on the efficient movement of materials within the manufacturing process. This includes managing warehouse operations, coordinating material flow between production stages, and optimizing inventory levels to support continuous production without disruptions.
Sales Logistics
Sales logistics handles the distribution and delivery of finished products to customers. This involves order fulfillment, warehousing, packaging, and transportation to ensure products reach customers on time and in perfect condition, enhancing customer satisfaction and retention.