Logistics is concerned with the flow of information as well as with the flow of goods.

Question

Quizplus · Accepted Answer

Logistics is a broad term that encompasses the planning, implementation, and control of the flow of goods, services, and information from the point of origin to the point of consumption. It involves activities such as transportation, warehousing, inventory management, and order processing, all of which require effective communication and coordination of information. Therefore, logistics is concerned not only with the physical movement of goods but also with the timely and accurate exchange of information throughout the supply chain.

Logistics Is Concerned with the Flow of Information as Well