History Of Logistics And Supply Chain Management

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What is Logistics and Supply Chain Management ? How does this industry operate ? By Diksha Vishen , UPES, BBA LM Abstract The brainwave of Logistics and Supply Chain Management came into existence decades ago and now has evolved as an elaborated organization alongwith application of variegated operations. This paper mentions the essence of Logistics and Supply Chain Management in a broader and centralizing way. Here , we will also talk about how Supply Chain incorporates Logistics and how does this industry works together as a whole. What is Logistics ? The vocable ‘Logistics’ is believed to have come in the late 19th century from French ‘logistique’. Baron de Jomini , a French General , was the first man to use the term ‘Logistics’. According …show more content…

In order to become more adaptable , they outsource the control of raw materials and distribution tunnels ; thereby leading to better work flow and cost efficiency. More organizations involved in supply chain leads to better customer service and formation of supply chain management. Historical Developments Six major steps led to evolution of Supply Chain Management :- Creation Era The expression Supply Chain Management was initially instituted by Keith Oliver. The idea of ‘Supply Chain’ in administration was of great significance , in the mid 20th century , particulary with the formation of assembly line. Integration Era This period of Supply Chain Management studies was highlighted with the adavancement of Electronic Data Interchange (EDI) framework in the 1960s and created through the 1990s by the presentation of Enterprise Resource Planning (ERP) systems. Globalization Era The 3rd development of Supply Chain management advancement , the globalization time , can be portrayed by the consideration given to the worldwide frameworks of provider connections and extension of supply chain past national limits and into different landmasses. Specialization Era (Phase

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