International Logistics: Trade Operations Management

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Logistics refers to the process of planning, controlling and implementing procedures for the efficient transportation and storage of goods and services. This usually occurs from the point of origination to the point of consumption. This is carried out with the intent of conforming to customer requirements and may include internal, external, inbound and outbound movements. Inbound logistics is focused on purchasing and arranging the inbound movement of parts, machinery or unfinished inventory from suppliers to warehouses, retail stores and assembly plants. Outbound logistics is related to the storage and movement of the final product and related information flow. Logistics is extremely crucial for business. Business logistics encompasses all sectors of industry with optimized supply chains and project life cycles. This book provides significant information of this discipline to help develop a good understanding of logistics and related fields. It elucidates the concepts and innovative models around prospective developments with respect to international logistics and management of trade operations. It will provide comprehensive knowledge to the readers.