Author Question: Explain the relationship between logistics and supply chain ... (Read 84 times)

fagboi

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Explain the relationship between logistics and supply chain management?

Question 2

Inexpensive consumer packaged goods should be distributed intensively.
 a. True
  b. False
 Indicate whether the statement is true or false



kswal303

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Answer to Question 1

The concepts of supply chain management and logistics must be compared or, more appropriately, related to each other. Supply chain management is defined using a pipeline analogy with the start of the pipeline representing the initial supplier and the end of the pipeline representing the ultimate customer. In other words, it was an extended set of enterprises from the supplier's supplier to the customer's customer.

Another perspective on supply chain management views it as a network of the logistics systems and related activities of all the individual organizations that are a part of a particular supply chain. The individual logistics systems obviously play a role in the success of the overall supply chain. The coordination or integration of the logistics systems in a supply chain is a challenge; no logistics system operates in a vacuum. For example, the inbound part of a manufacturer's logistics system interfaces with the outbound side of the supplier's logistics system. The outbound portion of the manufacturer's logistics system interfaces with the inbound side of its customer's logistics system.

Answer to Question 2

True



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