You might not think of Napoleon Bonaparte as a logistician. However his axiom that “a military marches on its tummy”– that is, maintaining forces well-provisioned is basic to success in battle– launched logistics as a field of army focus.
Today, the term “logistics” relates to the trusted activity of materials and completed items. According to a Statista research, united state companies invested $1.63 trillion on logistics in 2019, moving items from beginning to end-user via different supply chain network segments. By 2025, a total amount of 5.95 trillion ton-miles of products will cross the USA.
Without reliable logistics, an organization can not win the earnings war.