International Trade and Logistics

Program Summary

International trade is the exchange of goods and services across borders and different regions, and makes up a large share of GDP in different countries.

 

Logistics is generally detailed organization and implementation of the complex process, meaning general business. Logistics is the management of the flow of things between the point of origin and the point of consumption in order to meet the requirements of customers or companies. Managed resources in the field of logistic services may include tangible goods such as materials, equipment and supplies, as well as food and other From consumables, logistics for physical items typically include integration of information flow, material handling, production, packaging and inventory, transportation and warehousing, and security often.

Logistic management is part of supply chain management that plans, implements and monitors the efficiency and effectiveness of front and back flow of both goods and services and their storage, as well as relevant information between the point of origin and point of consumption in order to meet customer requirements.