Supply chain management and operations management of logistics are relating topics in business. Besides, organizations adopt numerous business improvement methodologies to improve business performance. Therefore, supply chain management and logistics are crucial factors for companies to obtain a competitive edge. In fact, logistics and supply chain management receives maximum attention since the early 1980s. Operations management of logistics deals with the flow of goods between the point of origin and the point of consumption. However, logistics are usually comparative in the academy and industry since both are closely relevant to product circulation. Generally, the supply chain is a broader concept with a wide range that can involve similar subjects. Moreover, the supply chain has a relationship with organization, unlike logistics.
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IMPORTANCE OF SUPPLY CHAIN MANAGEMENT
Supply chain management is an integral part of most businesses and is essential to company success and customer satisfaction. Therefore, the supply chain is vital for boosting customer service. Besides, customers expect the correct product assortment and quantity delivery. In addition, customers expect products to be available at the right location at the right time. Furthermore, the supply chain reduces operating costs. Retailers depend on supply chains to quickly deliver expensive products to avoid holding costly inventories. Nevertheless, the supply chain makes operations management of logistics simpler by reducing the total supply cost. Lesser known is how supply chain management plays a critical role in society and its relationship with organization.
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OPERATIONS MANAGEMENT OF LOGISTICS AND TRANSPORTATION
Logistics is the art and science of obtaining, producing, and distributing material and product in the proper place in proper quantities. Logistics looks and supply chain management have a relationship. However, when it comes to logistics, logistics executives must make further decisions beyond transportation mode. Moreover, logistics include packaging, containerization, documentation, insurance storage, importing, and exporting regulations. Therefore, this is the reason it is vital for operations management of logistics to use credible software. Often, there are outsourcing logistics to an expert provider who can offer software and integrating services. However, unlike the supply chain, logistics do not have a relationship with organization. Besides, inbound freight programs will allow logistics executives to have more meaningful collaborations.
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