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Logistic and supply chain?

 Logistics and supply chain are two closely related concepts that are essential to the efficient operation of a business. Logistics refers to the process of planning, implementing, and controlling the movement of goods and services from the point of origin to the point of consumption. It includes activities such as transportation, warehousing, inventory management, and order fulfillment. Logistics is focused on the efficient and effective management of these activities to ensure that goods and services are delivered to customers on time and at the lowest possible cost. Supply chain, on the other hand, refers to the network of businesses, individuals, and organizations involved in the creation and delivery of a product or service. It includes all the activities that are necessary to move goods and services from raw materials to finished products, including procurement, manufacturing, transportation, and distribution. Supply chain management is focused on optimizing the entire supply...