What is the Difference Between Logistics and Supply Chain Management?

 Logistics management could also be a little portion of the Supply Chain Management mixes the flow of products, services, information, and capital right from staple to its final consumer. While Supply Chain Management may be a broader term that is related to the sourcing of staple, procurement of consumer requirements, conversion into final products, and delivering on time at the consumer end (Logistics Management Services). External Constraints, Innovations and New Technology, and Internal Advancements; Supply Chain Management has evolved as an improvement over Logistics. this text will assist you to understand the difference between Logistics Management and Supply Chain Management.

The basic difference between Logistics and Supply Chain Management is that Logistics management is that the process of integration and maintenance (flow and storage) of products in a corporation whereas Supply Chain Management is that the coordination and management (movement) of supply chains of a corporation.

The difference between SCM and Logistics is that Supply Chain Management (SCM) involves the design, implementation, and effective storage of products and services between the purpose of origin and point of consumption to satisfy customer requirements. 

Another difference between Logistics and Supply Chain Management is that the target of Logistics Management is customer satisfaction while Supply Chain Management emphasizes more on competitive advantage.

Another difference between SCM and Logistics is that Supply Chain Management may be a broader term that refers to the reference to the suppliers to the last word consumer. Whereas Logistics Management is related to only maintenance and storage of products.

Earlier to deliver any goods or services to its final customers only Logistics Management was applied whereas Supply Chain Management is an evolved and modern concept of the same.

Another most vital difference between Logistics Management Services and Supply Chain Management is that Logistics Management Services may be a small part of Supply Chain Management whereas Supply Chain Management may be a new and modern concept.

Another difference between SCM and Logistics is that Supply Chain Management (SCM) may be a series of interconnected activities associated with the movement of raw materials to finished goods until it reaches the end-user. Logistics Management involves activities like warehousing, proper packaging, order fulfillment, stock control, and stock management.

Logistics may be a very old term whereas Supply Chain has evolved as a replacement concept. Supply Chain Management is an addition to Logistics Management where both complement one another for effective distribution of products and services.

Another difference between Logistics Management and Supply Chain Management is that Logistics Management involves just one organization whereas multiple organizations (coordination and collaboration of parties like suppliers, intermediaries, distributors, and customers) are involved in Supply Chain Management.