| Logistics is the management of the flow of goods, information and other resources, including energy and people, between the point of origin and the point of consumption in order to meet the requirements of consumers. Logistics involves the integration of information, transportation, inventory, warehousing, material-handling, and packaging, and ocasionally security. Logistics is a channel of the supply chain which adds the value of time and place utility. The term "logistics" originates from the ancient Greek "λóγος" ("logos"—"ratio, word, calculation, reason, speech, oration"). |