Inventory and logistics information services include specifying size and placement of stocked goods. Logistics and inventory are often used synonymously which leads to confusion. Generally logistics id divided into two parts:
- Inbound logistics (Parts supply from company's supplier to the production unit i.e.Manufacturer)
- Outbound logistics (Outbound Logistics means, finished goods supplies from manufacturer's factory to the main Customer through various channels.)
Logistics Management is the management of physical material flow processes and the information flows that directly affect these procedures. From a cost perspective, Logistics and inventory management considers the cost in each of these areas, to minimize the additional cost and time physical material flow processes add to the product.
Earth Lingua, an Indian company is an expert in logistics and inventory management which allows its clients target-oriented control of the related logistic process.