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logistics - 6 dictionary results

lo⋅gis⋅tics

[loh-jis-tiks, luh-]
–noun (used with a singular or plural verb)
1. the branch of military science and operations dealing with the procurement, supply, and maintenance of equipment, with the movement, evacuation, and hospitalization of personnel, with the provision of facilities and services, and with related matters.
2. the planning, implementation, and coordination of the details of a business or other operation.

Origin:
1875–80; < F logistique quartermaster's work, equiv. to log(er) to lodge, be quartered (said of troops) + -istique -istic; see -ics

lo⋅gis⋅tic

2[loh-jis-tik, luh-]
–noun Sometimes, logistics.
1. symbolic logic.
2. Archaic. mathematical calculation.
–adjective
3. of or pertaining to logistic.

Origin:
1620–30; < F logistique < LL logisticus of computation < Gk logistikós skilled in calculation, rational, equiv. to logist(s) calculator, reasoner (*logid-, base of logízein to reckon, v. deriv. of lógos word (see logos ) + -tēs agent suffix, with dt > st) + -ikos -ic
lo·gis·tics   (lō-jĭs'tĭks, lə-)   
n.   (used with a sing. or pl. verb)
  1. The aspect of military operations that deals with the procurement, distribution, maintenance, and replacement of materiel and personnel.
  2. The management of the details of an operation.

[French logistiques, from logistique, logic (perhaps influenced by loger, to quarter), from Medieval Latin logisticus, of calculation; see logistic.]

Logistics

Lo*gis"tics\, n. 1. (Mil.) That branch of the military art which embraces the details of moving and supplying armies. The meaning of the word is by some writers extended to include strategy. --H. L. Scott.

2. (Math.) A system of arithmetic, in which numbers are expressed in a scale of 60; logistic arithmetic.

logistics 
"art of moving, quartering, and supplying troops," 1879, from Fr. (l'art) logistique "(art) of quartering troops," from M.Fr. logis "lodging," from O.Fr. logeis "shelter for an army, encampment," from loge (see lodge) + Gk. suffix -istikos.

Logistics

The overall management of the way resources are moved to the areas where they are required.

Investopedia Commentary

This term originated in a military context, referring to how personnel acquire, transport, and store supplies and equipment. In the business community, the term is used to refer to how resources are acquired, transported and stored along the supply chain. By having an efficient supply chain and proper logistical procedures, a company can cut costs and increase efficiency.

Related Links

Working Capital Works

See also: Inventory, Inventory Turnover, Just In Time, Supply Chain, Supply Chain Management

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