Logistics and supply chain eg Management eti Logistics-. the process of planning, implementing, and controlling the efficient, effective flow and storage of goods services, and related information from point of origin to point of consumption for the purpose of conforming to customer requirements. -- Council of Logistics Management, http:/www.clm1.org/mission.html12Feb98) Supply Chain Management (SCM)-. the oversight of materials, information, and finances moving in a process from supplier to manufacturer to wholesaler to retailer to consumer SCM involves coordinating and integrating these flows both within and among companies10 Logistics and Supply Chain Management • Logistics - ...the process of planning, implementing, and controlling the efficient, effective flow and storage of goods, services, and related information from point of origin to point of consumption for the purpose of conforming to customer requirements. -- (Council of Logistics Management, http://www.clm1.org/mission.html, 12 Feb 98) • Supply Chain Management (SCM) - …the oversight of materials, information, and finances moving in a process from supplier to manufacturer to wholesaler to retailer to consumer. SCM involves coordinating and integrating these flows both within and among companies