LOGISTICS V/S SUPPLY CHAIN MANAGEMENT

Logistics and supply chain management (LSCM) course is currently one of the most trending ones. However, many people still have doubts about what exactly this course is and what the difference is between Logistics and Supply Chain Management (SCM). Students who wish to step into the field of Logistics and Supply Chain Management (LSCM) are naturally curious to understand these differences.

So let’s explain the distinction between the two:

Logistics is a practical segment that focuses on the storage, transportation, distribution, and inventory management of goods. The main goal of logistics is to ensure products are delivered to the right place, at the right time, and at the lowest possible cost.

On the other hand, Supply Chain Management (SCM) is a much broader and more strategic field. It encompasses everything from dealing with suppliers and distributors to manufacturing, logistics, and customer service essentially managing and optimizing the entire process of delivering a product to the end customer. While logistics is a part of supply chain management, SCM refers to the overall planning and control of a company’s full production and distribution system. Logistics and supply chain management is the most relevant course. You can got jobs in quickly—logistics and supply chain management.