logistics-planning

Vocabulary Word

Definition

'Logistics planning' is organizing and managing things needed to achieve a goal efficiently and effectively. For example, planning which roads a delivery truck should take to deliver packages in the quickest way.

Examples in Different Contexts

For retail businesses, 'logistics-planning' is crucial for inventory management and distribution. A retail manager might observe, 'Through meticulous logistics-planning, we maintain optimal inventory levels and ensure timely product delivery to our stores.'

Practice Scenarios

Tech

Scenario:

We seem to run out of hard-drive stocks in the middle of the month. This affects our ability to quickly fulfill customer orders.

Response:

Perhaps improved logistics planning could help us maintain an adequate level of hard-drive stocks and address this issue.

Business

Scenario:

There have been some issues with the delivery of our products to the stores. It's affecting our sales and customer satisfaction.

Response:

Sounds like we’ll need to revisit our logistics planning. Maybe optimize the delivery routes and times.