What is the difference between logistics and supply chain management?

Question

Accepted Answer

Logistics focuses on the movement and storage of goods, while supply chain management involves the coordination of all aspects of the supply chain.

Logistics deals with the physical flow of goods, including transportation, warehousing, and distribution.
Supply chain management encompasses the entire process of sourcing, procurement, production, and delivery of goods to customers.
Logistics is a subset of supply chain management, focusing on the execution of the supply chain activities.
Supply chain management involves strategic planning, forecasting, and collaboration with suppliers and customers.
An example of logistics would be managing a fleet of trucks to transport goods, while an example of supply chain management would be optimizing inventory levels to meet customer demand.

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