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Presented byIndu Nanda Ishwar Jayati Jai Singh Jitendra Bahadur Jitendra
LOGISTICS
Logistics is the art and science of managing and controlling the flow of goods, energy, information and other resources. According to Chartered Institute of Logistics and Transport (UK), Logistics is the positioning of resources in the right time, at right place, at right cost and at right quality.
LOGISTICS COSTS
The costs required in running a logistics system are logistics cost, it can be broken down as:
Fixed , variable and semi variable costs Cash and non cash cost Direct and indirect cost Sunk and marginal cost
TYPES OF LOGISTICS
Business logistics-