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Introduction
Logistics is one of the key pillars of supply chain management, which deals with planning and implementation, controlling the movement and storage of products and services both forward and reverse, as well as related information throughout the supply chain.
While logisticians have been struggling to find the right balance between cost and service level, multiple supply chain disruptions over the past few years have amplified the need for agility, resilience, and responsiveness. With industries evolving, what was once seen as a cost centre, has now transformed into a value generator and a game changer. An efficient logistics network, cushioned by the right strategy, planning, and execution, has an immense impact on the service and value to customers.