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THE DIFFERENCE
Basic for Comparison Supply Chain Logistics Cycle Inventory Management
Management
Definition The coordination and The process of integrating set of policies and
management of the the movement and controls that monitor
supply chain activities maintenance of goods in levels of inventory and
and out the organization determine what levels
should be maintained,
when stock should be
replenished, and how
large orders should be
Objective Competitive Advantage Costumer Satisfaction Competitive Advantage
Customer Satisfaction
Evlolution Modern concept Has been evolved earlier Has been evolved earlier
How many organizations Multiple Single Single
are involved
One In Another SCM is the new version of Logistics Management is a Inventory Management is
Logistics Management part of SCM a part of SCM
Supply Chain Management Cycle
Integratio
n&
Informati
on
Performa Product
Sharing
nce Develop
Measure ment
Supply Chain
Management
Procurem
ent &
Customer
Manufact
Service
uring
Logistics
Supply Chain Management Scope
Supplier
Manage
ment Inventory
Sales for Manage
Manage ment
ment
Distributi
Financial Supply Chain Management on
Manage Manage
ment ment
Payment Channel
Manage Manage
ment ment