-
ROSSLARE EUROPORT TARGETS HEALTH & SAFETY WITH CAMERA TELEMATICS PARTNERSHIP - 2 days ago
-
Landmark Study Reveals Wearable Robotics Significantly Boost Safety and Efficiency in Industrial Environments - July 24, 2024
-
Visku Tackle The Retail Seasonality Challenge One Pallet At A Time - July 22, 2024
-
KAMMAC AND BERGEN LOGISTICS STRENGTHEN FASHION & LIFESTYLE SERVICES IN THE UK - July 19, 2024
-
TENTBOX EXTENDS PARTNERSHIP WITH ARROWXL TO SUPPORT INCREASING DEMAND - July 17, 2024
-
The Perfume Shop improves customer journeys while driving profitability in partnership with Scurri - July 17, 2024
-
ZEROMISSION SECURES £2.3M ($3M) INVESTMENT TO ACCELERATE ELECTRIC FLEETS - July 16, 2024
-
BCMPA CELEBRATES SUCCESS OF 2024 CONFERENCE - July 15, 2024
-
Best of the Best: Jungheinrich Celebrates Triple International Award Win - July 12, 2024
-
GOPLASTICPALLETS.COM CALLS ON NEW CHANCELLOR RACHEL REEVES TO CONSIDER PLASTIC PACKAGING TAX REFORM - July 10, 2024
Supply Chain Management vs Logistics.
By Kara Andrews
Is Supply Chain Management the ‘New Logistics’?
Logistics and Supply Chain Management have been widely linked together as one and the same business process. However, they are two distinct areas, despite being interchangeable and interconnected.
Logistics has been around for a while, having evolved from a military background for the co-ordination, storage and shipping of goods and army personnel. It is just one component of the supply chain management system, working within it to achieve an end goal of meeting customers requirements in the most efficient and effective way. This includes storage, transport and delivery of goods and services at the right time, right price and in the right condition from supplier to consumer. This system flow is also known as inbound and outbound logistics. It involves the process of managing the planning and transportation of goods and services.
Supply Chain Management is a fairly modern concept, covering all aspects and details that emcompasses the supply chain, such as, managing and monitoring the flow of sourcing and procurement of raw materials, forecasting, scheduling and storage, to the eventual overseeing of the delivery of products and services. Supply Chain Management’s main objective is to achieve this whilst keeping costs down but still maintaining quality and value for money.
Logistics involves only one single organisation to ultimately manage the flow of goods from A to B and without it, the planning, distribution and scheduling would fail to meet supplier and customer requirements. There are, however, many organisations involved in Supply Chain Management, as it endeavours to manage the flow of acquiring raw materials, to the production of the product and the final delivery of the goods to the customer, ensuring all requirements have been met whilst maximising profit.
Therefore, although the term Logistics and Supply Chain Management are often used to describe the same business processes, they are actually two separately defined sectors. Supply Chain Management refers to all elements that are involved in the supply chain and the management and monitoring of the individual segments, whilst logistics refers to all aspects dealing with the transportation of goods and services. However, whilst they have their predefined areas they are also intertwined, with Logistics coming underneath the Supply Chain Management umbrella, working with each other to reach the end goal of customer satisfaction and business competitive advantage.
.
https://www.returnloads.net/warehouse-exchange/