Logistics Management

Logistics Management refers to the process of planning, executing, and controlling the efficient, low-cost flow and storage of goods, services, and related information from the point of origin to the point of consumption in order to meet customer requirements. In foreign trade, it covers transportation, warehousing, inventory, order processing, packaging, distribution, and reverse logistics, and is a core component of supply chain management. Use cases include: selecting freight forwarders, optimizing transportation routes, controlling inventory costs, and handling customs clearance and distribution. Note: It should be distinguished from supply chain management, which is broader and includes procurement, production, and sales; logistics management focuses more on the operational level of physical flows. In addition, under different trade terms (such as FOB, CIF), the division of logistics responsibilities differs and must be clearly specified in the contract. Unlike 'freight forwarding,' logistics management is a systematic function rather than a single service. Foreign trade practitioners should pay attention to logistics costs, timeliness, and risks, and use information systems to improve visibility and collaboration efficiency.