HOW IS LOGISTICS MANAGEMENT RELATED TO SUPPLY CHAIN?

Advatix Logistic23 May, 2022Business

Supply chain and logistics are two terms that go hand in hand. Apart from being the two most crucial aspects of any business venture, service or otherwise, they are extremely similar in their nature of function. However, while supply chain management covers everything, from the raw material acquisition, its transportation, processing and the final delivery and return of the goods, logistics management is more concerned with the transportation, storage and subsequent reproduction of the desired products.