Logistics is a term used to describe the management process of the flow of goods from the source location to the intended destination in order to fulfill certain requirements. It involves management of the flow of both physical resources such as food stuff, animals, equipment and liquids just to mention but few, and abstract resources like information, time, particles and energy. In general, logistics is the art of strategy involving the use of knowledge to manage the flows of products, services, capabilities or supplies and other resources like human labor. Therefore, logistic services entails the process of collection of vital and relevant information, transportation of goods, storage, inventory as well as processing and packaging services, and freight services Canada.
With the present of logistics, its implementation and use has improved the management sector of most operations in industrial level, and on a global international scale in regional and management integration. For one to use logistics in any operation, it is required that they get to know the significance of effective management of the flow of services and information as well as the storage of merchandise from the raw material stage through to the final utilization or consumption stage.
Categories of logistic services
Logistic services can be divided into three broad categories, namely; express mail, cargo and storage and supply train services management.
Express Mail- this is typically used for shipment of receipts, documents and packages either by air, sea or both. Express mail delivery companies can own their own airplanes or vehicles used in providing express mail services, or they can sign up for a special rental agreement or long term lease agreement. Under this category of logistic services, the total weight of packages are always limited to 50 kilograms. Globally, the Express Mail Services sector is popular and liveliest sector as it directly contributes to the rise of trade relationship among a number of economies. According to the some recent global statistics, the value of express mail service has hit 30 billion dollars annually.
Cargo and Storage – this category of logistic services uses the following modes of transportation; air, sea, rail and land. Cargo and storage involves large scale shipping services for materials exceeding 50 kilograms in weight. Transportation and storage market in conjunction with the loading operations has also been acknowledged as one of the most significant sector in management of the flow of goods and merchandise by air, land or sea.
Supply Train Services Management – it can also be called as Continuous Support Services Management. Supply Train Services Management offers a wide range of integrated services through extending support in material shipments such as internal and external support services, warehouse management, application and request management as well as many valuable other services like product assembly, including packaging and labelling services.
In general, the Supply Train Services Management consists of organized flow of three things, namely: goods and merchandise; money and information. All these three thing will be on an increasing demand for Supply Train Services Management depending on the demand for various resources which can eventually lead to provision of competitive products and services as well as the production of new products within a short time.