Logistics and supply chain management involves planning and managing all activities involved in sourcing, production, and logistics to deliver a product to customers. This includes coordination between suppliers, manufacturers, distributors, and customers. Specifically, supply chain management integrates business functions both within and across companies, while logistics focuses on efficient planning and implementation of movement and storage of goods between the point of origin and consumption within a company. The process takes raw materials from suppliers, adds value through production, and delivers final products to customers through distribution channels in a coordinated manner.