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Logistics Supply Chain Management

oboloo Glossary

Logistics Supply Chain Management

Logistics Supply Chain Management is the art of managing and coordinating multiple activities within an organization’s raw material, finished goods and information flow from suppliers through to its customers. It involves strategically refining processes to ensure those resources are delivered in a timely fashion and at the right cost, while also maximizing customer satisfaction. Logistics Supply Chain Management requires a deep understanding of both upstream supplier activities and downstream customer demand, with a tailored approach to each stage. It is not just about getting products to the right place, but ensuring that it happens efficiently, sustainably and safely.

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