Logistics and Supply Chain Management

Logistics is (practically) everywhere, 365 days a year, 24 hours a day. But not all logistics activities are always labelled "logistics" - and that's why many people often believe this sector of the economy is limited to the trinity of "transport, transshipment and warehousing". Logistics is much more than this, however - and this is underlined by a term that is nowadays synonymous with logistics: namely "supply chain management", in other words, the intelligent planning and control of value added chains.

With increasing globalisation, logistics has become more and more important year by year - and it paves the way for this ongoing globalisation process. Today, procurement, production and sales generally take place on a global level. The automotive sector is an excellent example of this: a car destined for the Scandinavian market is built in Slovakia, using parts produced in various countries of Europe and Asia. This process only works if logistics and supply chain management create the necessary links and connections by ensuring the planning, organisation and control of the international flows of goods and information.

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Dr. Christian Grotemeier
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