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WHAT IS THE DIFFERENCE BETWEEN LOGISTICS AND SUPPLY CHAINS?

3 years ago

ID: #302148

Listed In : Transport

Business Description

The terms Supply Chain and Logistics management should not be used interchangeably. Logistics is a relatively limited notion (narrower than SCM). Supply chain management, on the other hand, is a more complicated category. Supply chain management encompasses logistics and thereby optimises the whole process – not only inside the organisation, but also when interacting with counterparties.

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Tags : supply chain