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Question
- choose the best answer. what is the meaning of the term logistics? explain the concept in your own words.
Logistics in business refers to the process of planning, implementing, and controlling the efficient and effective flow and storage of goods, services, and related information from the point of origin to the point of consumption. It involves activities like transportation, warehousing, inventory management, packaging, and distribution to meet customer requirements.
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Logistics is the process of planning, implementing, and controlling the flow and storage of goods, services, and related information from origin to consumption, including transportation, warehousing, etc.