Maximizing Efficiency: The Role of Logistics and Transportation in Supply Chain Management
Introduction: Logistics and transportation play a vital role in the success of supply chain management. Supply chain management can be defined as the process of managing the flow of goods and services, including the movement and storage of raw materials, inventory, and finished goods, from the point of origin to the point of consumption. Logistics and transportation are key components of supply chain management that ensure the smooth and efficient movement of goods. Understanding Supply Chain Management: To fully grasp the significance of logistics and transportation in supply chain management, it is important to understand the concept of supply chain…