The definition of Supply Chain is the sequence of organizations or operations that work together to design, produce, and deliver a product or service to a market, extending from the extraction of raw materials to the distribution of finished products or services. The chain is further extended when returns and repair functions are added and is anchored by infrastructure. Logistics is the part of the Supply Chain that moves product or delivers service “at the right place, at the right time and in the right condition”.
Cerasis, a customized freight and logistics solutions provider, regularly publishes terrific content on their www.cerasis.com blog site. One of the more outstanding pieces is on the history of Supply Chain and Logistics Management in words and pictures. It is informative and entertaining at the same time.
Click the title to see the video What is Supply Chain Management? mentioned in the history timeline. Produced by Arizona State University’s W. P. Carey School of Business, it has over 700,000 views.