What is the main difference between logistics and supply chain management? + Logistics and supply chain management (SCM) are closely connected but not the same. Logistics focuses on the movement, storage, and delivery of goods from one point to another. Supply chain management is broader and oversees the entire process — from sourcing raw materials and storage to transportation and final distribution — integrating multiple business functions.
Why is understanding logistics vs supply chain important for modern businesses? + Understanding the difference between logistics and supply chain management helps businesses: Improve warehouse efficiency Reduce operational and overhead costs Strengthen relationships with partners and vendors Deliver a better overall customer experience Overall, it enables companies to optimize both strategic planning and daily operations.
How does WELPL support businesses in both logistics and supply chain functions? + WELPL provides end-to-end warehousing and distribution solutions with PAN-India reach. Through advanced technology integration and expert teams, we help businesses streamline 3PL logistics operations while improving overall supply chain performance and customer satisfaction.
What activities fall under logistics operations? + Day-to-day logistics operations typically include: Warehousing, transportation, order fulfillment, and inventory movement Ensuring timely deliveries through efficient planning, routing, and real-time tracking
What are the key components of a supply chain? + The key components of a supply chain include: Sourcing, procurement, production, storage, and distribution Coordination between suppliers, manufacturers, distributors, and customers