What is difference between supply chain management and logistics?
Asked by shobha fv
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1 Answer
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Hi Shobha,
Logistics Management is a small portion of Supply Chain Management that deals with management of goods in an efficient way. Although, if we talk about Supply Chain Management, it is a broader term which refers to the connection, right from the suppliers to the ultimate consumer. People are quite puzzled between these two concepts.
Logistics Management- The process of integrating the movement and maintenance of goods in and out the organization is Logistics.
Supply Chain Management- The coordination and management of the supply chain activities are known as Supply Chain Management.
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