The process of coordinating the flow of goods, services, and information among members of the supply chain is referred to as _____________________________.

Question

Quizplus · Accepted Answer

Logistics is the process of planning, implementing and controlling the efficient and effective flow of goods, services and information from initial point of origin to final destination. This involves coordinating activities such as transportation, warehousing, inventory management, and order processing among members of the supply chain. Distribution, channels, and delivery are all components of logistics, but not the overarching term that encompasses all of them.

The Process of Coordinating the Flow of Goods, Services, and Information