Logistics
Logistics is the process of planning, implementing, and controlling the efficient, effective flow and storage of goods, services, and related information from the point of origin to the point of consumption for the purpose of meeting customer requirements. In the context of data science, logistics involves the use of data and analytics to optimize the supply chain and improve operational efficiency. This includes forecasting demand, managing inventory levels, optimizing transportation routes, and improving delivery times. Data science techniques such as machine learning, predictive analytics, and optimization algorithms are used to analyze large volumes of data and provide insights that can be used to make informed decisions and improve logistics performance.
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