Explaining the types of Logistics
Logistics, as we all know, can be described in a general business sense as the process of planning and implementing the flow and storage of goods, services, or information from origin to the consumption point. The vision is to meet the requirements of the customers in a timely and effective manner. Logistics management has four main types, namely, supply, distribution, production, and reverse logistics.
Supply Management and Logistics:
Supply management implies planning and arranging of all goods required at a certain point in a specific time to support the product or activity. It is the outcome of the efforts of various organizations that helped in making this chain of activities successful.
Distribution, as the name suggests, means how the supplied and stored product is then distributed to the required locations. This involves all steps, namely, loading and transportation of the materials, making tracking of stock, and then how the supply is used and by whom.
This involves all required in the manufacturing process and coordinating space and areas for production. Production logistics ensure that each machine has the right product in the right quantity and quality. It covers all the stages of production, testing, transportation, storage, and supply.
About a construction project, reverse logistics can be explained as removing the excess material and again absorbing the material into a stock supply. It is related to the reuse of products and materials.