How can smart logistics systems be developed to improve efficiency?
Logistics is the process of planning, executing, and controlling the movement and storage of goods and services from the point of origin to the point of consumption. It involves various activities such as transportation, warehousing, inventory management, order fulfillment, and customer service. Logistics is essential for any business that wants to deliver value to its customers and optimize its operations. However, logistics also faces many challenges such as rising costs, increasing complexity, changing customer demands, and environmental impacts. How can smart logistics systems be developed to improve efficiency?