By Bart Kempff the full process of managing the aggregation, storage, and transportation of goods from their point of origin to their destination is known as logistics management. It is a crucial component of supply chain management that also entails effective information transfer between the two parties. Comprehensive transportation management, storage, handling of goods, fleet management, order fulfillment, inventory management, administration of supply and demand, and planning/implementation of third-party services are all operations that fall under the purview of logistics management.