If the company manufactures a product from parts purchased from suppliers, and those products are then sold to customers, one can speak about a supply chain. Logistics may have an internal focus (inbound logistics), or external focus (outbound logistics). Logistics involves the integration of information, transportation, inventory, warehousing, materialhandling,packaging and security. Logistics can be defined as the management of the flow of goods, information and other resources, energy and people between the point of origin and the point of consumption in order to meet the requirements of consumers. Implement, to perform, to ensure, to increase, to decrease, to pack To produce, to manufacture, to manage, to purchase, to sell, to Verbs: to consume, to handle, to include, to require, to comprise, Product, producer, storage, retailer, inventory, warehouse,ĭestination, re-engineering, customs, taxes, duties, logistician Nouns: goods, flow, resources, consumer, consumption, user, Before reading the text check the meaning of the Key Words
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