Reverse logistics refers to all procedures associated to product returns, repairs, maintenance, recycling and dismantling for products and materials. Overall it incorporates running products in reverse through the supply chain to gain maximum value.
logistics is a part of supply Chain Management
The management of business operations, such as the acquisition, storage, transportation and delivery of goods along the supply chain.
The transportation and logistic department helps Walmart in its logistic and distribution. Walmart is considered as the best company worldwide because it focuses on supply chain management.
1. Planning 2. Procurement 3. Logistic
Supply.
Strategies are; Service delivery to costumer at cost effective levels Time management of inventory supply Logistic functions at cost effective levels Inventory maintained at cost levels to meet supply demand whilst reducing holding capacity
A logistic information system is a software system that helps manage and organize logistical operations in supply chain management. It assists in tasks such as inventory management, order processing, transportation scheduling, and tracking shipments. The system can improve efficiency, reduce costs, and enhance decision-making processes within a company's logistics operations.
SCM has two possible common meanings, both of which are acronyms. The first meaning is "supply chain management." The other meaning is "software configuration management."
Supply Chain Management is a process of handling all the supply activities for a company or organization. It plays an important role to distribute the products and services at the targeted location. Supply chain management is an important aspects for sourcing activities.
Differences between organised and unorganized retail can be specified on the basis of their ownership, logistic and supply chain facilities and structure of management (Both in formal and In formal buying organisation ) .
Weighing and Measuring for the Supply ChainThe CS5400 BarCoded YardStick is an economical, semi-automated system. The system is simple to operate and its compact design fits easily into warehouse, shipping or mail room environments.
the factors may include logistic include the factor like warehousing,packaging and transportation while supply chain is more wider than logistic, it comprise the distribution channel between the middle man