What is Logistics in Retail? Explained

Logistics in the retail industry encompasses the management and coordination of the various processes involved in the supply chain, from the point of origin to the final delivery of products to consumers. It includes activities such as transportation, warehousing, inventory management, order fulfillment, and distribution. Efficient logistics are crucial for ensuring timely and cost-effective movement of goods, minimizing delays, and optimizing overall operational performance. In the dynamic retail landscape, effective logistics contribute significantly to customer satisfaction, supply chain resilience, and a competitive edge in the market.