WHAT IS LOGISTICS?
Logistics is the field of activity related to the effective movement of the finished products from the end of the production line to the buyer.
The term "logistics" is of Greek origin and means the art of calculation. For a long time, logistics has been considered a special military science that studies the issues of rational management of the troops movement and supply. Scientific fundamentals of military logistics were first developed in the late XVIII - early XIX centuries by the Swiss scientist A.H. Jomini.
During the Second World War, a large number of optimization logistics objectives were developed in the United States and Great Britain.
In 1946 the famous American scientist Oscar Morgenstern first published data that the methods of military logistics were universal and could be used to solve national economic issues. Since that moment, the experts in economics and management began to study logistics.
In 1972 logistics was determined as a universal science that studies the issues of rational management of any type of flows. Despite the declared universality, the bulk of logistics researches was carried out in the field of material flow management.
Logistics as a matter of science consists of material flows, information flows, and energy flows.
Logistics is concerned with the flow transformation studies and control.
Logistics is the science of managing the transformation of material, information and energy flows (in the field of material production and circulation).