👉 Logistics math involves applying mathematical principles to optimize the movement and storage of goods from origin to destination efficiently. This includes calculating distances, times, and costs for transportation routes, determining optimal inventory levels to minimize holding costs while ensuring product availability, and using algorithms like the Vehicle Routing Problem (VRP) to plan efficient delivery routes for multiple vehicles. It also involves analyzing demand patterns, managing supply chain networks, and using mathematical models to predict and mitigate disruptions. By applying concepts like linear programming, probability, and optimization theory, logistics professionals can reduce expenses, improve service levels, and enhance overall supply chain performance.
