What Is Supply Chain And Logistics Management

What Is Supply Chain And Logistics Management - If you are a college student who majored in management then you will definitely learn and asked to know what is the meaning of Supply Chain And Logistics Management.

They are very important for the growth of a company engaged in the delivery of the goods or services of a company engaged in the field of industry.

But first we have to know is what is the difference between Logistics and Supply Chain Management?

Logistics more refers to the activities that occur within a supply chain organizations, and more to a network of companies that cooperate with each other and coordinate all actions they do to deliver the product to the market. 

Logistics focusing more attention on activities in the field of procurement, distribution, inventory management, and maintenance.

Supply Chain Management (SCM) includes all the activities in the field of logistics and also include activities such as marketing, new product development, finance, and customer service "-of the importance of supply chain management by Michael Hugos.

What is logistics?

On this occasion we will discuss more about the logistics of deeper understanding

"Logistics is about getting the right product, to the right customer, in the right quantity, in the right condition, at the right place, at the right time, and at the right cost (the seven Rs of Logistics)" - from Supply Chain Management: A Logistics Perspective By John J. Coyle et al

At the time of first part of logistics is divided into several parts, but currently administered by the logistics section of one Department and on the watch by a single leadership of the Division.

What is logistics management?

We will also discuss a little about what is actually from an understanding of logistics management

"Logistics Management deals with efficient and effective management of day-to-day activity in producing the company’' s finished goods and services" - from Integral Logistics Management by Paul Schönsleben

 What is supply chain?

We will definitely think if supply chain closer with the term network, but we can take a different conclusion after reading the description below.

"Supply Chain is the network of organisations that are involved, through upstream and downstream linkages, in the different processes and activities that produce value in the form of products and services in the hands of the ultimate consumer" - from Logistics and Supply Chain Management by Martin Christopher

 What is supply chain  management?

many who interpret the term suply chain management with different terms, but here I give the most widely used term to define regarding supply chain management.

"Supply chain management (SCM) refers to the coordination of production, inventory, location, and transportation among the participants in a supply chain to achieve the best mix of responsiveness and efficiency for the market being served" - from Essential of Supply Chain Management by Michael Hugos

With the above explanation then you can take the conclusions regarding What Is Supply Chain And Logistics Management