what is logistics company

A logistics company is a third-party provider that helps other companies transport their goods and products from one place to another. They control and streamline various processes of moving goods, including warehousing and transportation, from the point of origin to the point of consumption. Logistics companies offer a range of services, including planning, scheduling, executing, and monitoring the supply chain. They ensure that faulty or damaged goods are returned to a company for a return/replacement solution, which is known as reverse logistics. Different logistics companies coordinate some or all of these processes, and adapt their offering to suit their clients’ needs. Logistics companies use sophisticated technology to digitize the supply chain and ultimately drive greater efficiency and reliability. They help organizations ensure that customers get their products promptly, which helps them remain competitive in the industry, satisfy their customers needs, and build client loyalty.