Wednesday, 6 February 2013

What is Logistics: Definition of Logistics

Definition of Logistics: Logistics is defined as the management of the flow of resources between the point of origin and point of destination in order to meet some requirements.

Definition of Logistics by Logistics Management Council:

The council of logistics management set the Definition of Logistics as below, "Integrated planning,control,realization and monitoring of all internal and network wide material,part,product flow which includes the necessary information flow in industrial and trading companies along the complete value-added chain of the product life-cycle for the purpose of confirming to customer requirements.

Diagram showing the Definition of Logistics

Logistics Definition
Logistics Definition

Watch this video to understand the Definition of Logistics

Finally we end with " the organization of moving and supplying troops and equipment as an another Definition of Logistics.