Logistics and supply chain management are crucial components of any business that involves the movement of goods and materials. Logistics refers to the process of planning, implementing, and controlling the movement and storage of goods and materials, from the point of origin to the point of consumption. Supply chain management, on the other hand, refers to the coordination and management of all activities involved in the production and delivery of goods and services, from suppliers to customers.
Both logistics and supply chain management involve a range of activities, including inventory management, transportation planning, warehousing, and distribution. These activities are essential for ensuring that goods are delivered to customers on time, at the right place, and in the right condition.
