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Author Topic: Logistics & Supply Chain Management  (Read 2103 times)

Offline vdex

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Logistics & Supply Chain Management
« on: June 06, 2006, 03:37:23 PM »
Have you ever wondered how the yam you bought from Ojuelegba travelled from Bukuru in Jos, to Ojuelegba market in Lagos, or even to Upton Park Market in London? Well thats Logistics and supply chain management in its basic form in action.

Supply Chain Management is the management of the entire value-added chain, from the supplier to manufacturer right through to the retailer and the final customer. SCM has three primary goals: Reduce inventory, increase the transaction speed, and increase sales by implementing customer requirements more efficiently.


SCM as a career is undervalued in Nigeria; this is beginning to change as more and more businesses and executives begin to understand what a competitive advantage an agile supply chain network can offer them. How much inventory you hold, how quickly you can get your products to market and at what cost have a lot of implications on your profits margin and competitiveness, a supply chain or a Logistics manager manages this complex network.

Please visit http://www.careersinlogistics.co.uk/careers/profiles.html for more information on how to get into the sector.

Offline PrincessB

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Re: Logistics & Supply Chain Management
« Comment or Reply #1 on: October 27, 2006, 04:24:35 PM »
I never noticed this topic, till now.

Thanks for the simple explanation of what Logistics is and how it works. ;)

 



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