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GCSE Business · key term
The planning and management of the movement and storage of materials and goods, from suppliers through to the final customer.
Used by AQA, Edexcel and OCR
Paper 1
Revise: Procurement, Logistics and Supply ChainLogistics is the planning and management of the movement and storage of materials and goods, from suppliers through to the final customer. It includes transport, warehousing, packing and arranging deliveries. Procurement organises what the business buys and on what terms; logistics organises how resources and products move through its operations.
Specification 2.3.2 · Paper 2
The organisation of the movement, storage and distribution of goods through the supply chain.
Revise: Procurement and Supplier RelationshipsLogistics organises the movement, storage and distribution of goods. It includes bringing components to a factory, storing goods until needed and delivering finished products to shops or customers. For example, Jaguar Land Rover uses DHL to move car parts to and from factories and within its plants.
Paper 2
Organising the storage and movement of goods so that they reach customers.
Revise: Influence of E-commerceLate deliveries or website failures can damage reputation, so investment in technology and logistics may be necessary to support growth.
The planning and management of acquiring, storing and moving goods to where they are needed, including arranging deliveries and returns.
Logistics is more than delivery to customers: it also includes the movement and storage of materials and goods.
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