Describe Market Logistics. What are some of the steps necessary for market logistics planning? Please provide an example.
Market logistics is an essential phenomenon for the organization to control the physical distribution of goods in the market and infrastructure of the organization in the business process (Mühlbacher, Leihs & Dahringer, 2006). It also includes the purpose of meeting the demand of customers that are key factor of market and organization. In regard to the fulfillment consumer demand, market logistics involves; good planning, delivering, and controlling the flow of physical items and information to meet customer demands as well as increasing revenues of the organization through implementing all the processes in most efficient way to deliver value of market logistics (Pride &Ferrell, 2010).
Necessary Steps for Market Logistics Planning
For an effective market logistic planning, it is essential to undertake some appropriate steps as without this, it is difficult to attain organizational growth. Development of effective logistic plan requires some key inputs that in turn help in attaining success and increase organizational profits. For this an ...
The market logistics and steps for planning is examined.