Logistics
Logistics concerns planning and managing movement, storage and related information so that goods or services are available where and when needed. It includes relevant inbound, outbound and return flows. It is part of supply chain management rather than a synonym for every supply-chain decision.
Worked example
A retailer chooses warehouse locations, arranges deliveries and processes returns to meet service commitments while controlling handling and inventory costs.
Common mistake
Judging logistics only by transport cost: an apparently cheap delivery arrangement can increase damage, delays or total inventory costs.
Where it appears in your exams
| Qualification | Exam | Relationship | Period |
|---|---|---|---|
| ACCA | SBL | Supporting | September 2026–June 2027 |