Application

Logistics

Originally meant as "physical distribution" or "distribution of goods", logistics is a part of supply chain activities, which is the process of planning, implementing and controlling the efficient and low-cost flow and storage of goods and services consumption and related information from the place of origin to the place of consumption in order to meet customer needs. Logistics takes warehousing as the center and promotes production to keep pace with the market. In order to meet the needs of customers, logistics is the whole process of planning, implementation and management of raw materials, semi-finished products, finished products and related information from the origin of goods to the place of consumption of goods at the lowest cost through transportation, storage, distribution and other ways.
Logistics consists of goods transportation, service, distribution, warehousing, packaging, handling, handling, circulation and processing, as well as related logistics information and other links.
The specific content of logistics activities includes the following aspects: user service, demand forecasting, order processing, distribution, inventory control, transportation, warehouse management, factory and warehouse layout and location, handling, procurement, packaging, intelligence information.
The concept of logistics was first formed in the United States, originated in the 1930s, originally meant "physical distribution" or "goods distribution". It was introduced to Japan in 1963 and means "circulation of things" in Japanese. After the 1970s, the term "logistics" gradually replaced "circulation of things" in Japan.
The word "Logistics" in China is a loanword imported from Japanese materials, which is derived from the translation of the word "logistics" in Japanese materials.

In 2022, China's total social logistics reached 347.6 trillion yuan, and the size of China's logistics market ranked first in the world for seven consecutive years

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