Logistics is also known as Physical Distribution management. Logistics is a service provided by a variety of companies for the physical distribution of commodities. FMCG, consumer durables, and a variety of other businesses regularly make goods. These commodities must be conveyed to distributors and dealers, and finally to the end user. Logistics is the process of transporting items from a corporation to a middleman or the final consumer. Check about Stork Up.
However, logistics does not only refer to “transportation.” A corporation may use a variety of logistics operations or logistics functions. For example, if you need to transport a product from your warehouse to a dealer, you must change your warehouse inventory.
Similarly, you must have entries indicating that the goods have left your warehouse and have arrived at the dealer. In the meantime, you must ensure that things are handled properly and arrive at the dealer in the desired condition. Returns from the dealer must also be accounted for.
Logistics are viewed by management as interdependent systems in one sense. So transportation may be one system, and warehousing could be another. In this instance, the cost of systems as individuals is managed, and they are calculated as individual costs in the books of accounts. Try shopify shipping connection hk
In some management styles, possibly when the products are huge and sturdy rather than little components, management analyses logistics as a whole and gives it its own unique header in the books of accounts. The many logistics tasks are bundled into a single cost, and the overall cost is reduced.