Good news for logistics companies. Government of India has decided to give industry status to logistics companies.

This move by the Government of India will allow such companies to get cheaper loans from banks. The government's decision will strengthen the infrastructure of this industry and it will be developed.

Not only this, it will also encourage e-companies in India. The Ministry of Finance has issued notification in this regard.

Let us know that logistics companies work to deliver other resources including objects, information, energy from one place to another, i.e., to the consumer. It includes traffic, inventory, warehouse, dismantling items, their packaging, their safety and many other things.

E-companies, including Alshop24, Flipkart, Amazon, work through logistics companies to bring their products to the public at the earliest convenience.

what is Logistics companies?
Logistics is generally the detailed organization and implementation of a complex operation. In a general business sense, logistics is the management of the flow of things between the point of origin and the point of consumption in order to meet requirements of customers or corporations.

A company that provides management over the flow of goods and materials between points of origin to end-use destination. The provider will often handle shipping, inventory, warehousing, packaging and security functions for shipments.

Why is logistics important to a company?
Now, logistics is an industry and a vital part of any business model; it is the control of the flow and storage of goods into and out of a business. ... Logistics management is responsible for satisfying customer demands. Logistics management is also important for creating visibility into a company's supply chain.

What are some examples of logistics?
Logistics management is the part of supply chain management that plans, implements, and controls the efficient, effective forward, and reverse flow and storage of goods, services, and related information between the point of origin and the point of consumption in order to meet customer's requirements.

Now that we clearly inderstand the logistics exactly and how it offers value to products and services. As well as how it aids a country’s economy, let us now explore the key activities involved in logistics operations.

Logistics facilities the flow of products from point of origin to point of consumption. In the sphere of logistics the following activities are considered as part of the overall logistics process.

- Customer Services
- Demand Forecasting / Planning
- Inventory Management
- Logistics Communications
- Materials Handling
- Order Processing
- Packing
- Parts and Services Support
- Plant and warehouse Site Selection
- Procurement
- Return Goods Handling
- Reverse Logistics
- Traffic and Transportation
- Warehousing and Storage

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