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Supply Chain Logistics Management

oboloo Glossary

Supply Chain Logistics Management

Supply Chain Logistics Management is the efficient and cost-effective management of the physical processes, people and systems involved in a product’s journey from raw material to customer. It involves planning, controlling, and implementation of activities which move goods throughout the supply chain network. This includes the selection of carriers, storage of inventory and control over stock levels, tracking of orders and ensuring on-time delivery to customers. It seeks to optimize operational efficiency so that customers receive their orders in a timely manner with minimal cost. Ultimately, Supply Chain Logistics Management strives to improve customer service while reducing business costs.

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