MANAGEMENT

Detailed explanation-1: -Logistics is a subset of supply chains and is defined as the movement of goods within an organization’s stakeholders from suppliers to manufacturing, to distribution centers, and then finally to the end customer.

Detailed explanation-2: -Supply chain has broader scope than logistics: Supply chain is about creating an uninterrupted, cost-effective flow between consumer demand and the delivery of finished goods. Logistics is about planning and organizing operations to ensure supply chain and commerce processes run smoothly.

Detailed explanation-3: -In supply chain management, logistics are responsible for the movement and storage of goods and services, along with the documents and reports that record those movements throughout an item’s journey to the customer. Logistics include the numerous transportation methods that get inventory from one location to another.