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What is Logistics Management? Meaning, Importance, Basic Functions & Strategies | AIMS Education
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2016Jul 21
Logistics Management is the process of planning, organizing, and delivering logistics services to meet customer requirements (https://aims.education/study-online/w.... It deals with all aspects of planning, organizing, and controlling how goods are moved from one place to another. It's about consolidating, moving and managing the different resources, facilities and personnel required to deliver a product or service to its customer in a cost-effective, time-efficient manner. In this video, you will learn the meaning and importance of logistics management. Also the basic functions and strategies of logistics management - from materials handling through to the logistics process itself. Logistics management involves all business functions including sales, operations, finance, and information technology. This video provides a basic introduction to Logistics Management and how it works. If you found this video helpful, we’d truly appreciate your positive review at: https://g.page/r/CUKd3Rvv6lYlEB0/review/ AIMS' Institute of Supply Chain Management (https://aims.education/supply-chain-a...) offers: 🔗 Connect with us on: Facebook: 📘   / aimseducationonline   LinkedIn: 🅕   / aimseducationonline   X (Twitter): ✖   / educationaims   #whatislogistics #logistics #logisticsmanagement #AIMS #AIMSEducation #Education #elearning #Training #OnlineCourses #WhatIs #OnlineCourses #supplychain #supplychainmanagement #SCM 0:00 Introduction to Logistics 0:49 Difference between Supply Chain and Logistics 1:24 Logistics Functions 2:42 Logistics Value Proposition 3:07 Logistics Goals and Strategies 4:06 Substituting Information for Inventory 6:58 Reducing Supply Chain Partners to an Effective Number 7:42 Pooling Risks in Logistics

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