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Logistic Supply Chain Management

oboloo Glossary

Logistic Supply Chain Management

Logistic Supply Chain Management (LSCM) is the planning, coordination, and control of complex international supply chains. It requires the ability to efficiently and effectively handle the flow of goods and services through the production process, from supplier to customer. As a business practice, logistic supply chain management seeks to improve efficiency, reduce costs, and deliver better customer service through collaboration, analytics, and integration. By leveraging technology, data and analytics, businesses can gain greater visibility into their supply chain networks and make informed decisions that result in improved performance throughout the entire supply chain.

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