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logistics is a part of supply Chain Management

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logistics is a part of supply Chain Management

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Supply Chain Management Review was created in 1997.

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Supply management are the methods of modern corporate or institutional buying. Supply chain management is the management of the flow of goods, including raw materials, inventory and finished goods.

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Supply chain management is strategic and tactical for manufactures. The manufacturer can save time and money using supply chain management with features that moniter and validate.

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Supply chain management comprises of three levels 1. tactical 2.

strategic 3. operational.

1. Strategical supply chain management decisions includes product development, customers, manufacturing, vendors, and logistics. The strategic supply chain management tries to expand the supply chain processes.

2. tactical supply chain management includes decisions in manufacturing, logistics, suppliers and product development.

3. operational supply chain management includes the day to day operational supply chain decisions ensure that the products efficiently move along the supply chain, achieving the maximum cost benefit.

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