Logistics Glossary

What is the logistics related terms!

Logistics Glossary

At ATG Logistics, we've created a comprehensive logistics glossary for you, compiling key global terms to enhance your understanding and support your business needs.

Logistics

The process of planning, transporting, storing, and managing goods, services, or information from the point of origin to the point of consumption.

Supply Chain

A network that encompasses all stages involved in producing and delivering a product, from raw materials to the final product.

Warehousing

The storage of goods in a warehouse before or after shipment. Warehousing is crucial for inventory management and stock control.

Transportation

The physical movement of goods from one place to another. Transportation can be carried out by road, sea, rail, or air.

Inventory Management

The process of tracking and managing all stock owned by a business. The goal is to meet customer demand while avoiding overstocking.

Distribution

All activities involved in delivering products to the end consumer. Distribution aims to get products to customers as quickly and efficiently as possible.

Loading and Unloading

The process of placing goods onto vehicles for transport and removing them at the destination.

Customs Clearance

The completion of necessary customs procedures when goods cross international borders.

Routing

The planning of routes and methods for transporting goods in the shortest, fastest, or most economical way.

Logistics Costs

The expenses associated with the planning, execution, and control of the movement and storage of goods, services, or information within a supply chain. These costs include transportation, warehousing, packaging, handling, inventory management, and administrative expenses.