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What is Logistics and the supply chain?
- Logistics is the time-related positioning of resource, or the strategic management of the total supply-chain
The supply chain is a sequence of events intended to satisfy a customer
- It can include procurement, manufacture, distribution and waste disposal, together with associated transport, storage and information technology
- The application of logistics is essential to the efficient management of the supply chain
- Transport is an integral part of the supply chain, not only between the sequence of events but during the process
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