Which of the following best describes a major difference between supply chain management and logistics?
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What is the main difference between logistics management and supply chain management?Logistics focuses on the movement and storage of items in the supply chain. Supply chain management (SCM) is more comprehensive, covering all of the coordination between partners that have a role in this network, including sourcing, manufacturing, transporting, storing and selling.
What is the difference between supply chain management and supply chain?A supply chain starts with the delivery of raw materials from a supplier to a manufacturer and ends with the delivery of the finished product or service to the end consumer. SCM oversees each touchpoint of a company's product or service, from initial creation to the final sale.
What is the difference between logistics and logistics management?Added, I think that logistic focus in operations is always inside firm, but in the Management, I think is coordination in this operations and integrations with suppliers and clients (chain).
What is logistics and supply chain management definition?Logistics management is that part of supply chain management that plans, implements, and controls the efficient, effective forward and reverses flow and storage of goods, services and related information between the point of origin and the point of consumption in order to meet customers' requirements.
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