| Logistics is the management of the flow of goods,
information and other resources, including energy and people, between the
point of origin and the point of consumption in order to meet the
requirements of consumers (frequently, and originally, military
organizations). 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. |