The definition and role of logistics service providers Logistics service providers are companies that specialize in planning, implementing and managing the efficient flow and storage of […]
Efficient supply chains are the backbone of successful business operations. Logistics services involve much more than just transporting goods from A to B. They include complex […]
What does LOFO mean? – Basics of the valuation method The LOFO method stands for ‘Lowest In First Out’ and describes a special method of inventory […]
Merchandise management is at the heart of every company that trades in goods and products. It is about controlling and optimizing the flow of these goods […]
What is micrologistics? Micrologistics is a central component of modern business management and focuses on the logistical processes within individual organisations. In contrast to macrologistics, which […]
Minimum order quantities (MOQ) are among the fundamental control elements in modern procurement. They define the smallest quantity that a supplier is willing to sell so […]
Multichannel logistics refers to the execution of logistics processes across multiple channels and is an important component of modern retail strategies. For example, an order is […]
Online retail has fundamentally changed expectations regarding delivery speed. Customers expect not only a wide selection of products and fair prices, but also short delivery times. […]
Notification Meaning & Definition in Logistics Notification is a central process in the logistics industry that involves communication and coordination between the parties involved in the […]