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Global Logistics Alliance (GLA) is the worldu2019s fastest growing network of global logistics companies and independent freight forwarders with a network of more than 5,000 logistics companies from 170 plus countries, connecting all the major ports across the globe.<br>
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Introduction: • Logistics refers to the comprehensive process of planning, implementing, and controlling the efficient and effective flow and storage of goods, services, and information from the point of origin to the point of consumption.
Difference between supply chain and logistics: Logistics: • Scope: Logistics is a subset of supply chain management. It deals specifically with the planning, execution, and control of the movement and storage of goods and services within the supply chain. • Focus: Logistics management focuses on the tactical and operational aspects of transportation, warehousing, inventory management, and distribution.
Timeframe: Logistics management operates in the short to medium term, dealing with day-to-day and week-to-week activities related to the physical movement of goods. • Objectives: The primary objectives of logistics management are to ensure that products are efficiently transported, stored, and delivered to their intended destinations.
Supply Chain: • Scope: The supply chain encompasses the entire journey of a product or service from its creation to its consumption. It includes all the stages, processes, and activities involved in delivering a product to the end customer. • Focus: Supply chain management focuses on the end-to-end flow of goods, information, and finances. It encompasses strategic planning, procurement, production, distribution, and customer service.
Timeframe: Supply chain management takes a long-term perspective and involves strategic decisions about sourcing, production, and distribution networks. • Objectives: The primary objectives of supply chain management are to optimize the overall efficiency, cost-effectiveness, and responsiveness of the entire supply chain. It seeks to minimize waste, reduce costs, and improve customer satisfaction.
Summary: Logistics network in India, supply chain management is a broader concept that encompasses all the activities involved in delivering a product or service to the end customer, while logistics management is a subset of supply chain management that deals specifically with the physical movement and storage of goods.