what does logistics mean in business
Logistics means having the right thing, at the right place, at the right time.. Logistics - (business definition) Logistics is defined as a business planning framework for the management of material, service, information and capital flows.It includes the increasingly complex information, communication and control systems required in today's business environment.ogistics-The procurement, maintenance, distribution, and replacement of personnel and materiel. -- (Websters Dictionary). Logistics - 1. The branch of military operations that deals with the procurement, distribution, maintenance, and replacement of materiel and personnel.