Integrated Logistics Management Definition
Integrated Logistics Management (ILM) is the proactive management of the entire supply chain to deliver the required goods and services to customers in an efficient and effective manner.
The goal of ILM is to optimize the flow of materials, information, and finances throughout the supply chain in order to achieve customer satisfaction at the lowest possible cost.
To accomplish this, ILM must take into account all aspects of the supply chain including suppliers, manufacturing, distribution, warehousing, transportation, and customer service.
ILM requires close collaboration and coordination between all parties involved in the supply chain in order to be successful.
Some of the key benefits of ILM include:
– Reduced costs throughout the supply chain
– Improved customer satisfaction
– Increased efficiencies
– Better inventory management