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Here are the key elements of logistics: 1. Transportation - Moving goods from one location to another, whether by air, land, rail or sea. This involves scheduling, tracking and delivery. 2. Warehousing - Storing goods in warehouses or distribution centers until they are needed. This involves receiving, put-away, order fulfillment and shipping. 3. Inventory management - Forecasting demand and ordering the right level of inventory to meet needs without overstocking. This balances availability with costs.

Author

Ricalyn Bugarin

Language

EN