Main Article Content
Abstract
Succinctly, the common view is that the term logistics comes from the late 19th century from French word “Logistique” which simply means TO LODGE and which first appeared in the book "The Art of War" by Baron Henri who was the general in French army during Napoleon's time. The term logistics originated in the military, referring to the movement of equipment and supplies to troops in the field.
Logistics refers to the overall process of managing how resources are acquired, stored, and transported to their final destination. In simple words logistic refers to management of transportation of information, from one place to another. Logistics is used more broadly to refer to the process of coordinating and moving resources (people, materials, inventory, and equipment) from one location to storage at the desired destination. Logistics involves things like transportation, inventory, packaging and warehousing.
Logistic provides fast, accurate and quality service which increases customer satisfaction, boost business value and company positive public image. Therefore, even if a business designs and produces the very best products and services customer’s need, if those products do not reach customers, the business may fail. Concisely, that is the major role that logistics plays.
The purpose of this research work is to identify, examine and investigate the Role of Logistics in Today’s Business. In the course of carrying out this research work, questionnaire method of research was employed and collected data’s were tabulated and simple percentage method was used in order to ascertain the Role of Logistics in Today’s Business. .It will be very good to note that the study is a self-conducted research on the Role of Logistics in Today’s Business. The study also focused on the development of logistic management, scope of logistics and role and importance of logistics in today’s business.
Members of All Farmers Association of Nigeria (AFAN) Kaduna state chapter were selected at random and interviewed with self-administrated questionnaire in order to obtain primary data. The data were analyzed using descriptive statistical analysis methods like Tables and simple percentage method to ascertain the Role of Logistics in Today’s Business. Thus, the results obtained indicated that logistics plays a very vital and important role in today’s business.