Logistics and Supply Chain: Key Differences
In today’s interdependent global economy, having a clear understanding of the flow of goods, services, and information is critical to maintaining a competitive edge. Companies that master their operational processes can reduce costs, improve customer satisfaction, and increase overall efficiency. Two foundational concepts in this ecosystem are logistics and the supply chain. While often used interchangeably, these terms refer to distinct but deeply interconnected aspects of moving goods and managing resources.