Logistics and Supply Chain Management, What is the Difference?
Why the Confusion? Confusion over the terms supply chain and logistics management has grown over the last decade. Research would indicate that today the two terns are often used interchangeably, while others feel strongly that there are distinct differences. The combination of these viewpoints has led to the nebulous grey area where the global transport industry, among others, often finds itself today. Together Forever The bottom line is that the terms supply chain and logistics management are inextricably intertwined. While different enough to be recognized as individual terms or processes, the two are so tightly interwoven that they should not be considered separately. Logistics and Supply Chain functions can and do frequently overlap. Many accept the premise that the term logistics has a narrower focus on activities involving product distribution and the strategic coordination of flows between marketing and production. In the case of the global transport industry this would translat
Related Questions
- What is the difference, when applying online, between the courses Supply Chain and Logistics Management (OS & SF) and Supply Chain and Logistics Management?
- What is the difference between supply chain (SCM) management and logistics?
- What is the difference between logistics and supply chain management?
