TRUE, The ideal order assesses how successfully logistics serves the consumer, whereas the landed cost indicates how efficiently logistics offers that service.
What Is Logistics?
Logistics is the total process of managing how resources are bought, stored, and transported to their eventual destination. Logistics management include finding potential distributors and suppliers and assessing their efficacy and accessibility. Logisticians are logistics managers.
"Logistics" was originally a military term referring to how military personnel obtained, stored, and moved equipment and supplies. The phrase is now frequently used in the business sector, notably by corporations in the manufacturing sector, to describe to how resources are handled and transferred through the supply chain.
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