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Logistics: Meaning and definition

Logistics

What is logistics?

Logistics is the process of organization and execution of end-to-end transportation from order handling, inventory management to clearing of goods and delivery. Within this process, there are multiple steps like licenses and customs, handling bulk orders, selecting the mode of transportation, managing inventory, packaging of goods, etc. Efficient logistics process management is key to hassle-free shipping and helps the business receive positive reviews from customers in the long run.

Some of the commonly required documents in an export logistics process are:
Commercial invoice
Packing list
• Shipper’s letter of instruction
• Name and address of the seller (exporter)
• Name and address of the buyer (importer)
Importer of record

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