Logistics refers to the detailed coordination and organization of complex operations involving people, facilities, and supplies. It encompasses the planning, execution, and management of the flow of goods and services from the point of origin to the point of consumption. In a business context, logistics ensures that products are delivered to customers efficiently and effectively, involving processes such as transportation, warehousing, inventory management, and order fulfillment.
The term 'logistics' originates from the Greek word "logistiki," which means "calculation" or "reasoning." It evolved in the 19th century, initially used in military contexts, referring to the movement and supply of troops and equipment. Over time, its application expanded to include business and commercial practices.