The Difference Between Logistics and Supply Chain

 

Logistics and supply chain management are related but distinct concepts. Logistics focuses on the efficient movement, storage, and distribution of goods, ensuring timely delivery. It involves transportation, warehousing, inventory management, and order fulfillment. On the other hand, Supply Chain Management (SCM) covers the entire flow of goods, services, and information, including sourcing raw materials, production, logistics, and customer service.

Key differences include scope, objectives, and processes. Logistics manages day-to-day operations, while SCM takes a strategic, long-term approach involving multiple organizations. Logistics is an integral part of SCM, ensuring smooth execution.

Technology plays a crucial role in both, with AI, IoT, blockchain, and automation enhancing efficiency. Businesses must integrate logistics and supply chain strategies to optimize costs, improve efficiency, and stay competitive. Understanding both concepts helps companies enhance customer satisfaction and streamline operations.

Read more for more details: https://jyotifreight.com/logistics-vs-supply.html

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