Which of the following best explains the concept of 'logistics management'?

Question

Quizplus · Accepted Answer

Logistics management involves the coordination and control of all activities related to the flow of goods and materials, including materials planning, the supply of raw materials and purchased goods, internal transportation, storage, and physical distribution. It encompasses the entire supply chain, from raw materials to finished products, and is focused on ensuring efficient, timely, and cost-effective movement of these goods. Options A and B may be aspects of logistics management, but they do not fully capture the scope of the concept. Option D is too narrow, as logistics management encompasses more than just materials processes within a company.

Which of the Following Best Explains the Concept of 'Logistics