Logistics
Supply chain management is the coordination of all processes involved in the flow of goods from their raw materials to the end users. Through effective electronic communications and transparency, every “link” in the chain can anticipate the demand requirements of the next level and plan for fulfilling each need in the shortest possible time.
Logistics is the glue that combines each element of the supply chain. Logistics determines how and when goods are produced, transported, stored, and delivered at each level. Logistics elements include production, freight management, warehousing, and distribution.
