Abstract
The paper outlines the need for an executive logistics and supply chain management portfolio on the boards of private industrial corporations. The concepts of logistics and supply chain management are described in a business context, and the strategic, tactical and operational tiers thereof are discussed. The various business activities that form part of logistics and supply chain management are indicated. It is described how efficient and effective logistics and supply chain management can enhance the competitive advantage and long-term wealth of a business. Five performance areas that collectively best represent successful organisational logistics performance are detailed.
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