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Difference between Logistic Management and Material Management

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1. Logistics Management :
Logistics Management, as name suggests, is a part of supply chain management that mainly focuses on management of flow of goods and services i.e. supply chain management and meet customer requirements.

2. Material Management :
Material Management, as name suggests, is a management that mainly focuses on management of supply chain activities such as activities that are related and concerned with materials and inventory requirements.



Difference between Logistic Management and Material Management :

Logistics Management Material Management
It mainly focuses on management of functions of supply chain i.e. flow of goods and services. It mainly focuses on management of activities related to flow of materials.
It deals with integrating flow of information and its management tools. It deals with tangible components i.e. equipment’s, inventory, etc.
Process of logistic management includes includes planning, implementing and controlling efficient flow of goods and services. Process of material management includes planning, organizing and controlling activities that are associated with flow of material within organization or company.
Its main objective is to fulfill order requirements, delivery requirements, quality requirements and cost requirements. Its main objective is to continuous chain of components or materials for production so that goods can be manufactured on time for users or customers.
It handles one ore more aspects of logistics i.e. supply chain, warehousing, etc. of company or organization. It handles different manufacturing or material handling processes at various level of clarity.
Various logistic management software’s are Jaix, Ramco, SoloPlan, Sagar, etc. Various material management software’s are Horizon ERP, Torqus POS, Zenscale, etc.
This management provide various benefits such as it increases customer satisfaction, improve efficiency, reduce costs, etc. This management provide various benefits such as it improves customer service, reduce inventory excesses, improves labor productivity, cash flow savings, etc.
It is used in various fields such as production logistics, procurement logistics, recovery logistics, recycling logistics, etc. It is used in various fields such as inventory management, value analysis, etc.


Last Updated : 19 Nov, 2020
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