Logistics: What Is It and Why Is Its Importance Growing?
Logistics refers to the process of transporting, storing, and managing products, services, or information from one point to another. In today's globalized world, logistics has evolved beyond merely moving goods; it has become a value-creation process.
Key elements in logistics include time, cost, and efficiency. Logistics processes executed at the right time, in the right place, and at the right cost play a critical role in helping businesses gain a competitive edge.
New Trends in Logistics
- Digitalization and Automation: Technological advancements make logistics processes faster and more transparent.
- Sustainability: Eco-friendly transportation methods and energy-efficient processes are gaining prominence.
- The Rise of E-commerce: The growing trend of online shopping, especially in recent years, has transformed the dynamics of logistics.