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Case Study Project
Total Marks: 100
Elective – Logistics and Supply Chain Management
If you are a Logistic Manager, how will you ensure that materials move into your organization from suppliers, through the operations within the organization and then out to customers (take any raw material as an example).
Answer : Moving materials into an organization from suppliers, through the operations within the organization and then out to customers , comes under supply chain management.
If your company makes a product from parts purchased from suppliers, and those products are sold to customers, then you have a supply chain. Some supply chains are simple, while others are rather complicated. The complexity of the supply chain will vary with the size of the business and the intricacy and numbers of items that are manufactured.
Logistics is the function responsible for the flow of materials from suppliers into an organization, through operations within the organization, and then out to customers.
The supply system includes the process of planning, implementing, and controlling the efficient, effective flow and storage of goods and services from the organization from its place of production to the place where it is required. This supply system is referred as ‘Logistics Management’
What is Supply Chain Management ?
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