Differenciate Logistics and Supply chain?

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Accepted Answer

Logistics is a subset of supply chain management that deals with the physical movement of goods, while supply chain management encompasses the entire process from procurement to delivery.

Logistics focuses on transportation, warehousing, and distribution of goods.
Supply chain management includes logistics as well as procurement, planning, and coordination of activities across the entire supply chain.
Logistics is more tactical, while supply chain management is more strategic.
Logistics is concerned with the efficient and timely movement of goods, while supply chain management is concerned with optimizing the entire process to achieve competitive advantage.
Example: A company's logistics department may be responsible for arranging transportation and managing inventory in a warehouse, while the supply chain management team would be responsible for sourcing raw materials, coordinating with suppliers, and managing relationships with customers.

Differenciate Logistics and Supply chain?

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