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1. Is Supply Chain Management
the Same as Logistics?
Supply chain management

2. Is Supply Chain Management the Same as Logistics?
Supply chain management and logistics are sometimes
used synonymously. Some claim that there is no
distinction between the two concepts and that supply
chain management is the "new" logistics.

3. Logistics
● Logistics management is the management process that incorporates the flow of capital,
information, services, and goods from the procurement of raw materials till they reach their
final customer.
● The goal of this procedure is to give the final consumer the correct product of the right
quality at the proper time, location, and cost.
● Two major categories can be used to classify the logistical activities.

4. Inbound Logistics
The tasks involved in material
procurement, handling, storage, and
transportation
01

5. Outbound Logistics
The processes involved in the collection,
maintenance, distribution, or delivery to
the final consumer.
02

7. Supply chain management
● Besides these, other activities include stock control, balancing supply and demand, fulfilling orders,
protective packing, and warehousing.
● Supply Chain Management (SCM) is a group of related tasks that are moved from raw materials to
finished items and back again until they are delivered to the customer.
● These organizations could be the businesses that the company now collaborates with as suppliers or
partners, as well as producers, distributors, retailers, and customers.
● With a focus only on the needs of the customer, supply chain management uses a multi-faceted
approach to control the flow of raw materials, works in progress (semi-finished goods), and finished
goods both inside and outside the organization until they are received by the final consumer.

8. Exactly how similar are supply chain management and logistics?
● Transporting, storing, and delivering commodities are all elements of supply chain management. In
other words, logistics is in charge of delivering the appropriate goods to the appropriate customer at
the appropriate time.
● All activities involved in moving goods and services from production to consumption fall under the
umbrella of supply chain management, which is a more general word.
● To make sure that your organisation is operating smoothly and effectively, it is crucial to understand
the main distinction between supply chain management and logistics.

9. How does blockchain provide supply chain solutions?
● Through the use of blockchain technology, businesses can track all kinds of transactions more securely
and openly. On the supply chain function, there might be a huge influence
● A permanent history is created from the point of manufacture to the point of sale for every time a
product is sold by securely documenting the transaction.
● The absence of middlemen in the supply chain also lowers the possibility of fraud. Furthermore,
complete records make it easier for firms to pinpoint the origin of fraud, wherever it may occur.
● Businesses may synchronize logistical data, track shipments, and automate payments using a common
blockchain. They can share only the most pertinent data while doing so without substantially changing
their legacy systems.

10. Development of supply chain management
● The term "logistics" has a long history and was first used in the military to describe the upkeep,
storage, and transit of military personnel and equipment.
● Additionally, it has been claimed that SCM includes logistics in addition to being an addition to
logistics management.
● Tracefood offers the ideal way to collect data from supply chains. It is simple to subscribe to and
donate to tracefood thanks to ready-made blockchain applications. Companies can also restrict users'
access to information using these tools.
● This allows for the privacy of sensitive information while only sharing essential information with
other supply chain participants.

11. Thanks!
Do you have any questions?
info@tracefood.io
+(203) 446-3590
https://tracefood.io/