Logistics is a vital component of supply chains. Logistics includes the processes of transporting goods from their place of origin to the place of consumption. Logistics also includes storage and distribution.
Logistics is a vital component of supply chains because it covers the transportation, storage and distribution phases in order to get goods from the supplier to the customer. It also includes warehousing, inventory management, and shipping, as well as other services such as customs clearance and trucking.
A logistics company has many responsibilities that include managing freight movement, providing information on destinations and routes for delivery, providing packaging for shipment, etc. They also have to ensure that all shipments are delivered on time with no delays or damage incurred during transit.