Difference Between Logistics and Supply Chain Management

Difference Between Logistics and Supply Chain Management

Supply Chain Management Definition   Supply Chain Management also known as SCM is the end-to-end coordination of all activities involved in sourcing, production, and delivery of products or services. It goes far beyond moving goods. It encircles everything from raw material procurement to demand forecasting, inventory handling, and post-sale service. SCM incorporates suppliers, manufacturers, distributors, and […]

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