Logistics: Managing Trade Operations

The management of the flow of products from the origin to the point of consumption to fulfill the requirements of the consumers is termed as logistics. There are numerous resources which are managed within this field such as supplies, equipment, food, etc. Logistics of these items involves the integration of production, information flow, packaging, materials handling, transportation, warehousing and security. Logistics is broadly divided into inbound and outbound logistics. There are numerous sub-fields within outbound logistics such as procurement logistics, distribution logistics, after-sales logistics, disposal logistics, reverse logistics, green logistics and global logistics. Economic order quantity models and distribution resource planning are some of the methodologies which are used to manage and configure logistic systems. This textbook provides significant information of this discipline to help develop a good understanding of logistics and related fields. The topics covered herein deal with the core subjects of this field. This book will provide comprehensive knowledge to the readers.