PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1383523
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1383523
Retail logistics is the process of managing and organizing goods, materials, and products as they are transported from suppliers to final consumers. To ensure that the right products are available in the right quantities at the right times and places to meet customer needs, it involves a number of duties such as order fulfilment, distribution, warehousing, inventory control, and logistics. Planning and coordination are required along the whole supply chain, from raw material suppliers to manufacturers, distributors, retailers, and ultimately customers.
The COVID-19 epidemic had a substantial impact on the retail logistics business. To stem the spread of the disease, many countries instituted lockdowns and travel restrictions. These actions caused supply chain interruptions such as manufacturing shutdowns, transit restrictions, and diminished personnel availability. This slowed the flow of goods, making it more difficult for retailers to replace shelves and meet client requests.