Logistics is the management of the flow of merchandise from the vendor to the customer. It involves tasks such as inventory management, transportation, warehousing, and order fulfillment. This includes not only physical movement but also information tracking, such as tracking orders and monitoring inventory levels. It is a crucial element in the supply chain that impacts the profitability of retailers.

Solved

Logistics Is

Question 72

Multiple Choice

Logistics is:

A) the handling of retail merchandising materials
B) order processing but not storage
C) part of the supply chain that does not impact profitability for most retailers
D) part of the supply chain that is developed separately from the merchandising strategy
E) the management of the flow of merchandise from vendor to the customer

Correct Answer: