SIC Code 8742-66 - Logistics
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SIC Code 8742-66 Description (6-Digit)
Logistics is the process of planning, implementing, and controlling the movement and storage of goods, services, and information from the point of origin to the point of consumption. It involves the coordination of various activities such as transportation, warehousing, inventory management, packaging, and security to ensure that products are delivered to customers in a timely and cost-effective manner. Logistics plays a crucial role in supply chain management, as it helps businesses to optimize their operations and improve customer satisfaction.
Hierarchy Navigation for SIC 6-Digit Code 8742-66
Parent Code (less specific)
Tools
- Transportation management systems (TMS)
- Warehouse management systems (WMS)
- Inventory management software
- Route optimization software
- Freight forwarding software
- Electronic data interchange (EDI) systems
- Radiofrequency identification (RFID) technology
- Global positioning system (GPS) technology
- Barcode scanners
- Automated guided vehicles (AGVs)
- Robotics and automation technology
- Material handling equipment
- Pallets and containers
- Packaging materials
- Security systems and devices
- Quality control tools
- Customer relationship management (CRM) software
- Business intelligence (BI) software
- Cloud computing technology
Industry Examples of Logistics
- Freight transportation
- Warehousing and distribution
- Supply chain management
- Thirdparty logistics (3PL)
- Ecommerce logistics
- Reverse logistics
- Cold chain logistics
- Hazardous materials logistics
- Military logistics
- Retail logistics
- Healthcare logistics
- Automotive logistics
- Aerospace logistics
- Construction logistics
- Event logistics
- Hospitality logistics
- Energy logistics
- Agricultural logistics
- Mining logistics
SIC Code 8742-66 - Logistics
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