Logistics is generally a detailed organization. In a general business sense logistics is the management of the flow of things.
What is Logistics Management?
Coordination Management is that place of store networks administrations that arrangements, executes, and controls the productive, successful forward, and inverts and capacity of merchandise, benefits, and related data between forwarding purpose of beginning and purpose of utilization so as to meet client’s prerequisites. Production network administration guarantee three streams:
- Item stream/service flow
- Data Flow
- Fund/Money Flow
The product flow is the movement of goods from suppliers to customers and customers to manufacturers in case of any customer returns of service requirements.
The information flow covers updating the status of the delivery as well as sharing information between suppliers and manufacturers. Information flow is supposed to happen on a real-time basis, without any distortion and delay to ensure demand is met with correct supplies. The information flow in the supply chain includes the market signaling amongst the supply chain members regarding end-user preferences.
The finance flow is the result of the first two flows that encompass credit terms, payments schedules, and consignment and title ownership arrangements. A Warehouse picker work in a warehouse environment where their prime duty is to pick up orders and deliver them to the delivery platform for the benefit of the customer. They are expected to pick customer orders for shipment keeping in mind the quantity and type that is specified in the picklist.