Supply Chain Management (SCM) can be divided into three main areas: purchasing, manufacturing, and transport. From end to end, this includes decisions about which input materials to use, production quantities, inventory levels, distribution network configuration, and transportation for both the input materials as well as for the finished products. Logistics Management is the component of SCM that focuses on how and when to get raw materials, intermediate products, and finished goods from their respective origins to their destinations. Effective, cost efficient Logistics Management can be a real point of competitive differentiation. But how does a company achieve this?
Blog eyefreight@dmin 2018-01-28T17:54:04+00:00