1. Translate the text and complete the tasks. Logistics can be defined as the management of the flow of

1. Translate the text and complete the tasks. Logistics can be defined as the management of the flow of goods, information, and other resources, energy, and people between the point of origin and the point of consumption to meet consumer requirements. Logistics integrates information, transportation, inventory, warehousing, material handling, packaging, and security. Logistics may focus internally (inbound logistics) or externally (outbound logistics). When a company manufactures products from purchased parts and sells them to customers, it involves a supply chain. A supply chain is a network of facilities and distribution options that procure materials, transform them into intermediate and finished products, and distribute these products to customers. Logistics management is part of supply chain management. It plans, implements, and controls the efficient flow and storage of goods, services, and information between the point of origin and consumption to meet customer requirements. Successful supply chain operators collaborate closely with customers, exploring opportunities to enhance supply chain efficiency and service levels using advanced systems and techniques. This approach is also known as logistics re-engineering, considering factors such as product nature, source location, freight costs, destination market, seasonal trends, import/export regulations, customs duties, and taxes. A professional in logistics management is a logistician. A logistician’s key functions include inventory management, purchasing, transportation, warehousing, consultation, organization, and planning. They manage the life cycle and supply chain operations of various products and handle customs documentation, working regularly with other departments to meet customer needs and requirements.

Exercise 1. Determine the accuracy of the following statements (Read the statements. Decide which ones are true and which ones are false. Write the letter F (false) or T (true) next to each number).
1. The management of goods’ flow from the point of origin to consumption defines logistics.
2. Logistics encompasses the integration of information, transportation, inventory, warehousing, etc.
3. All supply chains are very simple.
4. Logistics management is part of supply chain management.
5. Logistics management plans, implements, and controls the efficient flow and storage of goods, services, and related information.
6. A professional working in the field of logistics management is called an academician.
7. The main functions of a qualified logistician include inventory management, purchasing, transportation, warehousing, etc.
8. Logisticians normally do not work with other departments of the company.

Exercise 2. Fill in the passage below with the words from the box below. (Complete the text with suitable words from the provided list).
Service, origin, activities, technology, outbound, operational

Logistics management is that part of supply 1) management that plans, implements, and controls the effective forward and reverse flow and storage of goods, services, and information between the point of 2) and the point of consumption. Logistics management activities usually include inbound and 3) transportation management, fleet management, warehousing, materials handling, order fulfillment, logistics network design, inventory management, supply/demand planning, etc. The logistics function also includes sourcing and procurement, production planning and scheduling, packaging and assembly, and customer 4) . It is involved in all levels of planning and execution – strategic, 5) and tactical. Logistics management is an integrating function, which coordinates all logistics 6) , as well as integrating logistics activities with other functions including marketing, sales manufacturing, finance, and information 7).