In this chapter we provide a brief introduction into the concepts of logistics and supply chain management. Considering different production factors, functions and processes in a company and across companies both terms are specified taking into account different definitions from the literature. After that a brief reflection of logistics history is given, followed by a discussion of the modern importance of logistics and supply chain management. The last section motivates the usage of advanced planning methods as discussed in later chapters of the book.
What Will You Learn?
- The primary objective of logistics management is to move the inventory in a supply chain effectively and efficiently to extend the desired level of customer service at the least cost as done parallel with waste management
Chapter1 Introduction to logistics & supply chain management
Chapter 2 Organizational Behavior
Chapter 3 Accountancy for Managers-Managerial Economics
Chapter 4 Statistics for Managers -Marketing Management