Question.5092 - W1: Logistics/Supply ChainPart I. Differentiate logistics and supply chain. What are the similarities between the two concepts? Be specific. In what ways are they different? Be specific. Provide examples in your discussion. Lastly, include justification and support for your points.
Answer Below:
Similarities xxx main xxx of xxxxxx chain xxxxxxxxxx and xxxxxxxxx is xx efficiently xxx effectively xxxx goods xx services xxxx where xxxx come xxxx to xxx final xxxxxxxx to xxxx consumer xxxxx and xxxx a xxxxxxxx be xxxxxxxxxx Supply xxxxx management xxx logistics xxx both xxxxx moving xxxxxxx it xx moving xxxxxxx moving xxxx or xxxxxx money xxx both xxxx efficiency xx reduce xxxx and xxxxxxxx responsiveness xxx example x supply xxxxx manager xxx a xxxxxxxxx manager xxx alike xx that xxxx both xxxx a xxxxxx inclination xx keep xxxxxx product xx order xx avoid xxxxxxxxx in xxxxx to xxxxx consumers xxxxxx chain xxxxxxxxxx and xxxxxxxxx require x lot xx planning xxxxxxxxxxxxxxxx collaboration xxx coordination xx various xxxxxx Ballou xxxxxxxxxx Differences xxxxx scope xx where xxxx differ xxx most xxxxxxxxx is xx aspect xx supply xxxxx management xxx example xxxxxxxxx is xxxx much xxxxxxxxx with xxx planning xxxxxxxxxxxxxx and xxxxxxxxxxx of xxx effective xxxxxxx and xxxxxxx flow xxx storage xx goods xxxxxxxx and xxxxxxx information xxxxxxx the xxxxxxxx and xxx consumer xxxxxxxxx is xxxxx inventory xxxxxxxxxx for xxxxxxx ensuring xxxxxx components xxx stocked xxx uninterrupted xxxxxxxxxx warehousing xxx example xxxxxxxxx where xx the xxxxxxxx to xxxxx finished xxxxxxxx in xxxxx to xxxxxxx delivery xxxxx order xxxxxxxxxx fulfillment xxx transportation xxxxxxx Conversely xxxxxx chain xxxxxxxxxx often xxxxxxxx to xx SCM xxxxxxxxxx a xxxx more xxxxxxxxx concept xxx considers xxxxx step xxxxxxxxx to xxx a xxxxxxx from xxx materials xx the xxxxxxxx it xxxxxxxx strategic xxxxxxxx like xxxxxxxx raw xxxxxxxxx e x determining xxxxx to xxxxxx ethical xxx cost-effective xxxxxxxxx of xxxxxx for x clothing xxxxx to xxxxxxxxxxxxx e x making xxxxxxxxxx improves xxxxxx planning xxxxxxx with xxxxxxx partners x e xxxxxxxxx manufacturers xxxxxxxxxxxx retailers xx well xx reverse xxxxxxxxx for xxxxxxx etc xxxxxxx For xxxxxxx in xxxxxxxx to xxxxxxxxxx the xxxxxxxxx of xxxxxxxxxxxx auto xxxxx a xxxxxx chain xxxxxxx for x car xxxxxxxxxxxx would xxxx to xxxxxx steel xxxxxxxxxx production xxxxx across xxxxxxxx facilities xxxx dealerships xx ensure xxxxxxx delivery xx vehicles xx essence xxxxxxxxx is xxx circulatory xxxxxx and xxx supply xxxxx is xxx body xxxx both xxxxxx on xxx another xxx work xx tandem xx achieve xxxxxxxxxx goals xx Chopra xxx Meindl's xxxx Supply xxxxx Management xxxxxxxx Planning xxx Operation xxxxxxxxx is xxxxxxxxx as xxx operational xxx that xxxxxx for xxxxxxxx movement xxxxxx Srivastava xxxxx SCM xx described xx the xxxxxxx strategic xxxxxx that xxxxxxxx competitive xxxxxxxxx by xxxxxxx physical xxxxxxxx with xxxxx strategic xxxxxxxxxxxxxx ReferencesBallou x H xxxxxxxxxx S x Business xxxxxxxxx supply xxxxx management xxxxxxxx organizing xxx controlling xxx supply xxxxx Pearson xxxxxxxxx India xxxxxxx K xxxxxx What x the xxxxxxxxxx between xxxxxxxxx and xxxxxx chain xxxxxxxxxx And xxx it xxxxxxx Forbes xxxxx forbes xxx sites xxxxxxxxxxx whats-the-difference-between-logistics-and-supply-chain-management-and-why-it-matters xxxx Hence x it xx mainly xxxxx distribution xx goods xxx servicesMore Articles From Management
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