Logistics, Materials & management is the process of integration and maintenance (flow and storage) of goods in an organization and Materials management is a core function of supply chain management, involving the planning and execution of supply chains to meet the material requirements of a company or organisation. Whereas Supply Chain Management is the coordination and management (movement) of supply chains of an organization.
With Logistics, Materials & Supply Chain Management, businesses reduce overhead costs and streamline delivery processes. Using strategic planning and collaborating with other departments allows companies to increase visibility and build transparent business processes.