Logistics and Supply Chain Management

When you walk into your favorite fashion stores you probably once thought where are there materials coming from. Now this is where the SCM and Logistics comes in and it is to make sure that the suppliers of these fashion stores have enough supply of materials for their company to use in producing and selling it to their customers. The following are introductory helpful random and important topics pertaining to Logistics and SCM.

What is Logistics and Supply Chain Management?

"The process of planning, implementing and controlling the efficient, effective flow and storage of goods, services and related information from point of origin to point of consumption for the purpose of conforming to customer requirements." - Council of Supply Chain Management Professionals (CSCMP)

4 P's of Marketing

Logistics always look at the 4 P's (product, price, place, promotion) of Marketing in order to make sure that nothing will go wrong. Product, Place, Price and Promotion all of it are forms part the 4 P's of Marketing. Above all the 4 P's of marketing however, it is the place that is the main focus of the SCM and Logistics. Place is the main focus of Logistics and Supply Chain Management as it ensures that the products are all in the right location and timing.

Inventory Management

To ensure quality customer service it is imperative to have constant supply of products the company can offer. The actual working on inventory is the role of the people working under Logistics and CSM. For a deeper perspective with regard to this topic kindly refer to this site: http://www.invatol.com/