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What is logistics industry?
Logistics is the science of planning and carrying out the movement of goods from one place to another. But how does logistics impact your business, exactly? This guide will cover all you need to know about logistics in your everyday life, whether you’re a small business owner looking for a new supplier or a consumer reading reviews of a product you want to buy. We’ve demystified logistics and highlighted its key components so that you can make informed decisions when buying or selling goods.

- What is Logistics?
Logistics is the planning, coordination, implementation and controlling of the process of moving people and goods from one place to another. Basically Logistics is a field that covers a wide range of activities. The definition of logistics can be defined as the planning, coordination, and control of the flow of goods from the point of origin to the point of consumption in order to meet the requirements of customers or corporations.

2. How does logistics impact your business?
Your business depends on getting the right products to the right people in the right way at the right time. You need to make sure that when someone orders something from your business, that it gets to them fast and in good condition. You need to have a strategy in place for how to get your products to customers.
All businesses need to satisfy the demand of their customers. You’ve probably noticed businesses advertise the so-called freight cost, where in the ad, the price is simply the added cost of shipping the product to the customer’s location. And it’s true — the added freight cost is the cost of bringing products from the producer to the consumer’s door.
Every merchant, no matter how small, increases the freight costs by 1–4% to the customer every time they make a shipment. When you factor in shipping delays of up to 5 days, tacking on an extra 1–2% to every order amounts to quite a few dollars per order.
But if you want to improve the efficiency of your individual brand’s warehouse operations with your quality and best intentions, you should think about quality and in-store logistics. By addressing logistics, you’re empowering yourself to optimize…