Image for "Supply Chain Management: A Logistics Perspective"

"Supply Chain Management: A Logistics Perspective"

"Supply Chain Management: A Logistics Perspective" refers to the strategic coordination of all activities involved in producing and delivering a product or service—from sourcing raw materials to reaching the customer. It focuses on optimizing the flow of goods, information, and resources across various organizations to improve efficiency, reduce costs, and ensure timely delivery. This approach combines planning, transportation, inventory management, and communication to create a seamless process that meets customer needs while maintaining profitability. Essentially, it’s about managing and streamlining the entire chain of activities that bring a product from creation to consumption.