Understanding Logistics Management and Supply Chain...

Discuss this proposition. Do the terms, logistics management and supply chain management have the same meaning in operations Briefly explain how logistics management adds value to the operations of a manufacturing or service organisation. Introduction Logistics management and supply chain management are similar terms in business logistics, but these two terms are not the same (Murphy and Wood 2011, p22). In different decades, scholars made use of their knowledge and experience to define logistics management and supply chain management (SCM). In my opinion, currently logistics management is part of the supply chain management. This minor difference between the two can be supported by scholars in the industry. In this essay, we will discuss†¦show more content†¦(Ballou 2007, p.338) The definitions of SCM and logistic management put emphasis on coordination, collaboration and relationship building among channel members that are missing from logistics management. Ballou (2007, p.340-341) also explained that logistics is now being viewed as a subset of SCM. The scope of logistics is being limited to the boundaries of the function within a firm and is primarily concerned with activity administration. Interfunctional and interorganizational management seem to be within the purview of SCM rather than logistics. Logistics as an identifying name supersedes physical distribution. At the most basic level, logistics management is concerned with the effective movement and storage of product, approximating the traditional economic utilities associated with creating value through time and place transformation (Chase, Jacobs, Aquilano 2006). In 2007, CSCMP offered the following definition Logistics management is that part of Supply Chain Management that plans, implements, and controls the efficient, effective forward and reverse flow and storage of goods, services, and related information between the point of consumption in order to meet customer requirements. Logist ics, therefore, involves managing facilities, transportation, inventory, materials, order fulfillment, communications, third party providers and information within the firm in a way that contributes to customerShow MoreRelatedLogistics Of Logistics And Transportation1304 Words   |  6 PagesRole of Logistics and Transportation Kevin D. Walden Park University Ms. O’Quinn 29 November 2014 Logistics contributes to and moves the entire economy. 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