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This article talked about supply chain management and logistics - both essential for success: Although supply chain management and logistics management are essential for the success of any business, they are not the same thing.Purchasing, operations, resource management, and logistics are the four pillars of supply chain management, which entails managing business activities from sourcing raw materials to delivering them to customers.The goals of effective logistics performance are to ensure profitability, enhance productivity, and gain a competitive advantage.
This article talked about supply chain management and logistics – both essential for success: Although supply chain management and logistics management are essential for the success of any business, they are not the same thing. Purchasing, operations, resource management, and logistics are the four pillars of supply chain management, which entails managing business activities from sourcing raw materials to delivering them to customers. Planning, purchasing, warehousing, production, and shipping goods with the end user in mind are all part of logistics management. The goal of supply chain management and logistics is to ensure that the supply chain runs efficiently, and the end consumer is happy. However, supply chain management encompasses the entire supply chain, while logistics management focuses on specific supply chain processes. The goals of effective logistics performance are to ensure profitability, enhance productivity, and gain a competitive advantage. By integrating logistics into supply chain management processes, inventory, delivery, and other risks can be reduced. Delivery and production times are improved, and supply chain managers are kept informed.
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