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What are the difference between supply chain management and logistics?
Wiki User
∙ 13y ago
there is a very thin line between these two terminologies.
logistics is all about integrating and coordinating all activities in a company for the purposes of attaining a certain objectives and goals.in business today,companies expect to apply resources which are naturally scarce and timely positioning of them in order to get right thing,at right place and at right time while supply chain management is concerned about making sure proper flow of materials/goods/information from the point where they originate to point where they are demanded to satisfy consumers requirements
Wiki User
∙ 13y ago
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Is logistic a part of supply chain management or supply chain is the part of logistic?
logistics is a part of supply Chain Management
What is integrated logistics management?
Integrated logistics management is the ensure that all plans into the supply chain are controlled, implemented, delivered on time, monitored as well as delivered in good order.
What is the concept of logistics management?
Concepts of Logistics management are to supply chain which plans, implements and controls the efficient, effective forward and reverse flow and storage of goods, services and related information between the point of origin and the point of consumption in order to meet customer and legal requirements
What are the concepts of logistics management?
Concepts of Logistics management are to supply chain which plans, implements and controls the efficient, effective forward and reverse flow and storage of goods, services and related information between the point of origin and the point of consumption in order to meet customer and legal requirements.
What are the phases of supply chain management?
Supply chain management is a complicated series of operations carried out to procure goods in order to deliver them to the end customer. Everything in between that comes under supply chain operations. In order for these processes to run smoothly, efficient management of the supply chain is required. Businesses take the help of supply chain management experts like AWL India, who provide excellent services backed with reliable technology and a team of logistics experts. Here are the phases of supply chain management, from beginning to end - Planning - Planning is the first step in supply chain management. From planning about procurement, to how the logistics will happen, how the inventory will be stored, and everything in between, it has to be carried out by a worthy team of decisive individuals. Sourcing - Sourcing goods from suppliers, manufacturers, in order to process or pack them and get them ready for delivery is the next step in supply chain management. Execution - Execution of the logistics aspect is the next step in supply chain management. The proper orders are assigned to the appropriate vehicles and then the next operations are carried out. Delivery - Delivering the right orders to the right person is the next step. Processing Returns - Processing returns, if any, is the final step in supply chain management. These processes are not all exclusive and supply chain management can look different for different businesses."
Is logistic a part of supply chain management or supply chain is the part of logistic?
logistics is a part of supply Chain Management
What are the four foundation elements of supply chain management?
The four foundation elements of supply chain management are purchasing, production, logistics and processing or collaboration between trading partners.
What is the role of logistics in supply management?
The role of logistics in supply management is to ensure that products are delivered on time and in good condition. It also includes managing inventory and procurement, as well as pricing.
Logistics management supply chain management and materials management?
I think this link will help you with the supply chain management.http://www.management-vs-leadership.com/index.php/management/supply-chain-management/35-supply-chain-management-and-hint-on-manager-salaries
What has the author John Gattorna written?
John Gattorna has written: 'Managing the supply chain' 'Channels of distribution' 'Dynamic supply chains' -- subject(s): Delivery of goods, Business logistics, Management 'Strategic issues in logistics' 'Dynamic supply chain alignment' -- subject(s): Business logistics, Delivery of goods, Management
What is integrated logistics management?
Integrated logistics management is the ensure that all plans into the supply chain are controlled, implemented, delivered on time, monitored as well as delivered in good order.
Which one is wiser to study business management or economics if you want to be in a logistics or supply chain environment?
If you aspire to excel in a logistics or supply chain environment, studying business management would be wiser. Business management provides a well-rounded understanding of the principles and practices required to effectively run organizations, which is essential in managing the complex and dynamic operations of a global logistics network, such as Global Logistics Alliance. This knowledge equips you with the skills needed to oversee supply chain processes, optimize efficiency, and make strategic decisions that are vital in the world of logistics and supply chain management.
How does supply chain and logistics management relate to marketing strategy?
Yeah, so supply chain and logistics management simply relate marketing strategy. It's always been that way and always will in all likelihood remain be that way, too
What is meant by Strategic Supply Chain Management?
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.
What is the concept of logistics management?
Concepts of Logistics management are to supply chain which plans, implements and controls the efficient, effective forward and reverse flow and storage of goods, services and related information between the point of origin and the point of consumption in order to meet customer and legal requirements
What are the concepts of logistics management?
Concepts of Logistics management are to supply chain which plans, implements and controls the efficient, effective forward and reverse flow and storage of goods, services and related information between the point of origin and the point of consumption in order to meet customer and legal requirements.
Difference between 3pl and 4pl logistics?
The main difference between 3PL (Third-Party Logistics) and 4PL (Fourth-Party Logistics) lies in their roles within a reliable logistics network. 3PL providers offer specific logistics services, such as transportation and warehousing, within the network. They act as intermediaries between shippers and carriers, providing expertise in individual logistics functions. In contrast, 4PL providers take on a broader role as supply chain integrators. They manage and optimize the entire logistics network, including 3PLs and other partners. 4PLs focus on strategic planning, technology integration, and overall supply chain efficiency, making them a more comprehensive solution within a reliable logistics network.
