Business logistics is a relatively new term and concept in modern business vocabulary. It refers to a group of related activities all involved in the movement and storage of products and information—from the sources of raw materials through to final consumers and beyond to recycling and disposal.
URconnect India helps its clients in the process of planning, implementing and controlling the efficient, effective flow and storage of raw materials, in-process inventory, finished goods, services, and related information from point of origin to point of consumption (including inbound, outbound, internal, and external movements) for the purpose of conforming to customer requirements.
why business logistics is important for you?
The responsibility for logistical activities has been scattered throughout the organization. Where management of the logistics system is uncoordinated and diseconomiesed.
- business logistics provides an opportunity for the firm to create a sustainable competitive advantage for itself by designing a system which fulfills customers' needs better than the competition.
- due to its complexity, a superior logistics system is a proprietary asset that cannot be easily duplicated. Many firms have begun to view business logistics as an effective competitive weapon.
With proper coordination, transportation, manufacturing, storage, and inventory, investment costs could be balanced so that the firm's total cost would be minimized.