Journal of Enterprise and Business Intelligence


Future Scope of Logistics and Supply Chain - An Detailed Analysis



Journal of Enterprise and Business Intelligence

Received On : 10 January 2023

Revised On : 06 March 2023

Accepted On : 02 Jul 2023

Published On : 05 January 2024

Volume 04, Issue 01

Pages : 001-011


Abstract


Logistics and Supply chain play a crucial role in the functioning of commercial operations. A supply chain encompasses the process of acquiring and distributing commodities, while logistics pertains to the transportation, warehousing, and overall handling of resources and products. Both commercial and emergency supply chains encounter various obstacles, however they may derive valuable insights from one other's tactics and business models. Logistics comprises several components, including transportation, storage, inventory management, packaging, and information processing. The primary objective of logistics management is to effectively coordinate the availability of appropriate resources, ensuring their timely delivery to the designated destination. Supply chain management is a strategic approach that combines essential business activities in order to enhance value for both customers and stakeholders. Supply chain management encompasses the harmonization of several entities, including suppliers, manufacturers, warehouses, transporters, retailers, and consumers, with the objective of fulfilling client demands while simultaneously reducing expenses. There is a prevailing agreement among scholars that SCM and logistics constitute a crucial area of study. However, it is noteworthy that there is a scarcity of literature evaluations pertaining to this subject matter. This study aims to identify and discuss prominent topics in contemporary research by conducting a comprehensive literature assessment from the standpoint of operations management. Furthermore, we have derived some insights and identified potential avenues for further study in this particular domain.


Keywords


Supply Chain Management, Logistics and Supply Chain, Logistic Management, Bill of Lading, Commercial Supply Chains.


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Cite this article


Yun Cai, “Future Scope of Logistics and Supply Chain - An Detailed Analysis”, Journal of Enterprise and Business Intelligence, vol.4, no.1, pp. 001-011, January 2024. doi: 10.53759/5181/JEBI202404001.


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© 2024 Yun Cai. This is an open access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.