Supply Chain Management (SCM) manages the end-to-end process of moving goods from suppliers to customers, including planning, sourcing, manufacturing, and delivery. It aims to improve efficiency, effectiveness, flexibility, and integration.
Logistics on its part, focuses on the transportation, warehousing, and distribution of goods. It aims to minimize costs, ensure timely delivery, and maintain accuracy. Logistics is a key component of SCM, handling the physical aspects of the supply chain.