UNDERSTANDING THE LANGUAGE OF LOGISTICS: TERMINOLOGY, CHALLENGES, AND FUTURE TRENDS
Keywords:
Logistics, supply chain management, terminology standardization, freight forwarding, Inventory management, distribution channels, transportation networks, global logistics.Abstract
This article explores the terminology used in logistics, focusing on the essential terms and their evolution within the logistics. It examines how global logistics terminology has developed in response to advancements in technology, globalization, and the increasing complexity of supply chains. Furthermore, it addresses the importance of a standardized terminology system in ensuring clarity and efficiency in the logistics industry. The paper also discusses the challenges posed by linguistic and cultural differences when establishing international logistics terminology. Finally, the article highlights the role of logistics terminology in optimizing operations, improving communication, and fostering innovation.
References
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