Supply chain and logistics
In this article we will provide you the Difference between supply chain and logistics Similarities and FAQs.
What does supply chain mean?
The supply chain refers to the route that a product follows from its point of origin to the final consumer. It is made up of all the processes and activities necessary to take the product from the manufacturer to the market, including the acquisition of materials, transformation, production, packaging and delivery. The supply chain is far from the traditional concept of processing as simply a linear flow; instead it is rather a complex network where each element interacts with the others. These interactions can have significant effects on the total amount of costs associated with shipping the product, as well as the overall quality of the product.
What does logistics mean?
Logistics refers to the process of planning, implementing and controlling the flow of raw materials, final products and information between the point of origin and destination . It is a complex system that involves the efficient integration of all physical, human and technological resources to achieve an optimal level of costs, service quality and delivery times. Logistics is key to ensuring that companies can meet their business objectives quickly within the available budget. It is related to inventory management, international transportation, handling and installation in civil works or other services necessary to guarantee that the goods reach the final recipient within the established period without difficulties or delays.
Similarities between supply chain and logistics
Supply chain and logistics have many similarities. Both refer to the process of moving, storing and distributing goods from the point of origin to the final destination. They are related to the general management of transportation, the financial material resources to carry out these tasks, as well as the strategic plans necessary to maximize profits in a competitive environment. Furthermore, both involve designing solutions that are efficient in terms of cost and quality to satisfy customers and meet their expectations. Therefore, it is obvious that by working together all aspects related to transport and logistics within the modern business sector can be significantly improved.
Differences between supply chain and logistics
Supply chain refers to a process in which raw materials are obtained to produce finished products and distribute them to the consumer. This chain covers from the acquisition of materials to their final delivery. On the other hand, logistics is a functional area within the supply chain process responsible for planning, implementing and controlling the efficient and economic flow of goods, services and information related to these transactions from the initial point to the final destination. In summary, logistics is integral to the successful design and implementation of a globally optimized supply chain system.
What is the supply chain?
The supply chain is the set of processes and activities carried out to plan, control and execute the movement and storage of goods from their point of origin to their destination. These activities include the acquisition, transportation, transformation and distribution of final products.
What is the supply chain and why is it important?
The supply chain is the set of activities necessary to take a product from its source to the final consumers. It is made up of all interested parties, including suppliers, manufacturers, distributors and retailers; in addition to the transportation, storage and logistics involved in the process. It is important because it helps connect all these participants so that they can work together to meet customer demand. The supply chain also allows for optimization of total costs by allowing each participant to focus on their respective strengths while contributing to the success of the system as a whole.
What are the elements of the supply chain?
The elements of the supply chain include source, production, distribution, use and disposal. These stages describe the journey that a product takes from its origin to its final destination.
What is the supply chain process?
The supply chain is the set of interconnected processes used to move products from suppliers to consumers. This includes raw materials management, production, packaging, storage and distribution. It also covers activities related to transportation, logistics and inventory. At each stage of the process there is a different level of responsibility and control to ensure that the goods reach their final destination without problems.
What is logistics?
Logistics is the process of planning, implementing and controlling the efficient flow and storage of goods, services and related information from the point of origin to the point of consumption to satisfy customer requirements. It can be addressed through a tactical or strategic approach. The main objective is to ensure that delivery is made without delays or errors, which improves overall quality and reduces the total costs associated with logistics activities.
What does a person who works in logistics do?
A person who works in logistics is responsible for planning, implementing and controlling the flow and storage of goods, services and information between the point of origin to the final destination. This includes tasks such as organizing and supervising transportation, managing inventory, managing warehouses, providing detailed reports on costs related to supplying customers, and maintaining an adequate system to ensure that all operations are completed within the allocated budget.
What is the logistics career?
The logistics career refers to the science of managing and coordinating the flow of materials, products and services from an origin to a destination. This is a discipline that covers several key areas such as transportation, warehousing, inventory, packaging and distribution. Graduates in this career can work as logistics operations managers or logistics process controllers for companies and institutions.
How much does a person who works in logistics earn?
The amount of money a person working in logistics earns depends on many factors, such as their level of experience, geographic location, and type of position. According to the Glassdoor website, average salaries for logistics professionals range between $30,000 and $62,000 per year.