—Hello, this is Steven Smith.Nice to hear your voice again.—Hi, Mr.Smith.

— Don＇t hesitate to click on our website when you need us.—______________________. Thank you.

______________________.—We offer special services such as personal belongings, express, holiday pick-up and delivery services and so on.

—Good morning.Far East Logistics pany.__________________.—Good morning.This is Maggie Bonner.I would like to know more about your products.

That is the reason_____________ we＇ve lost so many customers.

The manager asked me_____________ I could finish my work before the weekend.

The total cost in logistics in China is still higher than_____________ in many other industrialized countries.

We work closely_____________ every large airline like Air China, Air France and American Airlines.

You can get the goods_____________  to your door so quickly nowadays.

—Does modern logistics mean transportation and delivery？

After a mercial transaction is done, logistics will carry out the transfer of goods from the seller to the buyer for the lowest cost and in the most effective manner.

Goods are often in stagnation during the transfer process, which is called the storage of logistics.

Sometimes the distribution processing changes the packages of the goods.

Information is important because it provides the facts that supply chain managers use to make decisions.

With the rapid economic growth in China, the logistics industry is expanding greatly.

FUNCTIONS OF LOGISTICS Logistics is the physical flow process of goods from the point of origin to the point of consumption concerning transportation, warehousing and storage, loading and unloading, goods handling, packing, distribution processing delivery and information management.For exle, after a mercial transaction is done, logistics will carry out the transfer of goods from the seller to the buyer for the lowest cost and in the most effective manner.During the transfer process, logistics facilities, equipment (carriers), administration of information and standardization are needed. Logistics has three major functions.Firstly, it creates time value.The same goods can be valued differently at different times.Goods are often in stagnation during the transfer process, which is called the storage of logistics.Secondly, it creates location value.The same goods can be valued differently at different locations.The value added during the transfer process is the location value of logistics.Thirdly, it creates distribution processing value.Sometimes the distribution processing changes the packages of the goods.That is, during this stage, it cuts large packages of goods into smaller parts, which creates added value for goods. 1.Logistics is the physical flow process of goods from the seller to the buyer.

Administrationof information and standardization are needed during the transfer process.

Storage creates the location value for goods.

The same goods can be valued differently at different times and locations.

Large packages of goods should always be cut into smaller parts to create added value.

The Importance of Information in the Supply Chain