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Logistics is the management of the flow of goods, information, and resources between the point of origin and the point of consumption in order to meet customer requirements. It involves the coordination of people, materials, and services from the source of production to the marketplace. Logistics is a critical component of the supply chain, and is responsible for the efficient and cost-effective movement of goods and services.
Logistics companies provide a range of services, including transportation, warehousing, inventory management, packaging, and distribution. They also provide services such as order fulfillment, reverse logistics, and supply chain management. Logistics companies are responsible for ensuring that goods are delivered on time and in the right condition.
Some of the major players in the logistics market include FedEx, UPS, DHL, XPO Logistics, C.H. Robinson, and Kuehne + Nagel. These companies provide a range of services, from transportation and warehousing to inventory management and distribution. They are also involved in the development of innovative technologies to improve the efficiency of the supply chain. Show Less Read more