Important Features Of Logistics
Stock
A stock is a security that represents a fractional ownership in a company. When you buy a company's stock, you're purchasing a small piece of that company, called a share. Investors purchase stocks in companies they think will go up in value. If that happens, the company's stock increases in value as well.
Packaging And Unitisation
One of the most important areas is packaging. It is the package that will determine whether the product arrives at a customer′s location in proper condition. It is the package that will give the transportation company the information it needs to move the product to the proper customer location.
Inventory
Inventory refers to all the items, goods, merchandise, and materials held by a business for selling in the market to earn a profit. Example: If a newspaper vendor uses a vehicle to deliver newspapers to the customers, only the newspaper will be considered inventory. The vehicle will be treated as an asset.
