Difference between Supply chain management and logistics management

INFRASTRUCTURE. Vulnerability to external factors like natural disasters or geopolitical events. Logistics Management Advantages: Efficient movement of goods, leading to reduced lead times and improved customer service. Optimized inventory levels, minimizing storage costs. Effective transportation management, reducing transportation expenses. Streamlined order fulfillment processes, ensuring timely deliveries. Disadvantages: Potential for delays or disruptions due to unforeseen … Read more