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Logistics Compraised with WH Management including Inventory Management and Transportation Management. Which is Major part of Supply Chain. Intially Logistcs Management was considered as Supply Chain.
Logistics account for up to 30% of a company's costs. Monitoring and controlling logistical activities can help reduce cost and increase efficiency. By increase as well the level of customer satisfaction especially when the orders are in full and in time.
I apologize for the answer I leave the answer to the specialists the experts in this the field that's not my area.
Procurement Logistics is the entire process used to select suppliers and negotiate contracts for delivery of goods or services.
Logistics is the key link in whole Supply Chain Process. The movement of goods in particular is the most critical function as it involves taking Raw Material to Works and Finished Goods to Market. Without these critical functions no Supply Chain can be functional.
Logistics make sure the products or services deliver to the customer at the time required with no delay .
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