What Is The Exact Meaning Of Logistics or Supply chain management?

Asked Feb 29, 2016
Logistics is the system of managing, planning, organizing the supply chain and science of managing and controlling the flow of goods, information and other resources like energy and people between the point of origin and the point of consumption in order to meet customers' requirements. Logistics is a combination of a process-procurement, maintenance & distribution and an excellent way to support Inventory management. It includes several Management skills i.e. manpower, material, operations management and logistic software. See more at http://www.infoxusa.com/software-products
Answered Feb 29, 2016
Logistic means to the activity occurs in a single organization and supply chain refers to the network of companies and group that are work together. http://waivestar.com.au/
Answered Apr 18, 2016
In any business, logistics are the most fascinating, comprehensive and perhaps the toughest part. This topic’s comprehensiveness makes it extremely tough to decide what to comprise and what to depart. Some companies like Ecoark accomplish this by using complicated logistics tools, such as computer algorithms that choose optimal routes for product shipping and large company databases that allow distant employees to pool order information and coordinate their efforts in real time.
Answered Feb 28, 2017

TIP: If it's not your answer to this question, please click "Leave a Comment" button under the question to communicate with the question owner.