what is the difference between physical distribution and logistics?
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A prime difference is that logistics consists of more factors relating to planning and information flow; whereas distribution is more related to the physical movement of the goods. ... Logistics involves planning, designing, coordination, management, and improvement in the processes involving goods and resources.
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While transportation focuses on the 'movement' of goods from one place to the other, logistics refers to the whole 'flow' management which includes not only transportation, but also storage, handling, inventory, packaging - in some sense, and many other things.
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What is the difference between a warehouse and a store? ... A store is the place where things are kept for retail purpose whereas a warehouse is the place where things are just stocked and then moved to their point of sale which might be a store, a mall or a supermarket.
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Logistics is an important part of the supply chain. It controls the effective forward and reverse flow of goods and services origin to recipient. This means that logistics has an impact on the shipment of goods and how quickly they can get to the consumer, again adding a competitive edge to other businesses.
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Inventory management is primarily about specifying the quantity and placement of stocked goods. ... As you can see, logistics management controls processes inside a company (warehouse logistics) and outside a company (transport logistics).
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Operations management tends to be associated more with the production of goods as opposed to the movement of goods. ... However, in my view, SCM is all-encompassing whereas logistics, as defined by The Business Directory, is more about the storage and movement of goods.
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The quickest distinction to make is that supply chains are responsible for the overall sourcing, processing, and delivery of goods to the end customer, while logistics specifically focuses on moving and storing goods between different supply chain organizations.
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Supply Chain Management is the art of management of providing the Right Product, at the Right Time, Right Place and at the Right Cost to the Customer. ... Logistics refers to management of flow of goods and supplies involving information, data and documentation between two entities or points.
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7.1 What are the differences and similarities between outbound and inbound logistics systems? ... Inbound logistics implies transportation, storage, and delivery of goods coming into a business organization. Outbound logistics is the opposite. The goods to be supplied are stored, transported, and delivered.
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Haulage companies, on the other hand transport heavier, larger goods so when talking about a road haulage company, they would distribute pallets or containers of merchandise. They also handle container shipping. ... Simply put, couriers transport hand-carry packages while hauliers transport freight.
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But how do they differ? “Overall, supply chain is sourcing and moving both the raw materials and the finished product. Operations management is the part in the middle where the product is created from the raw materials. Supply chain is how you get it and get it to customers.
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In the distribution system, wholesale is the process of moving goods from manufacturing to distribution, while retail involves acquiring goods and reselling them to consumers. Wholesale prices are rates charged by producers or distributors to retailers, and retail prices are those charged by retailers to consumers.
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Tactics is deployment of troops to execute the strategy. ... Logistics is all about making sure that the troops are where they're meant to be before the fighting starts and that they have all the support (normally supplies, but can include other things) that are required.
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Logistics managers or distribution managers are responsible for coordinating the storage, transportation and delivery of goods. Logistics managers oversee and liaise with colleagues to ensure stock is maintained and moved efficiently.
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Supply chain distribution refers to the way businesses get their products to customers. Distribution plans largely depend on the financial and company goals for the business. An organization may choose to sell products directly to their clients while others use third-parties for distribution purposes.
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Shipping vs. ... The first being the size: smaller items are shipped while larger items are delivered. The second difference is the date on which each takes place. Shipping dates usually refer to when an item leaves the warehouse while the delivery date specifies when it should reach the customer.
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Logistics deals with the nuts and bolts of handling and delivering products. Marketing, on the other hand, is a combination of creative activities and the detailed analysis that backs them up. However, these two departments within any company have a symbiotic relationship.