In the context of logistics, a physical supply is a movement and storage of raw materials from supply sources to the manufacturing facility. This includes the transportation of materials, as well as the handling and warehousing of materials at the manufacturing facility. A physical supply chain is a network of facilities and transportation systems that are used to move materials from one location to another. The supply chain also includes the people and organizations that are involved in the process of moving materials from one location to another.
The physical supply chain is a critical part of the logistics system, as it is responsible for ensuring that raw materials and finished products are moved efficiently and effectively from one location to another. A well-functioning physical supply chain is essential for businesses to be able to operate smoothly and efficiently.
There are many different factors that can impact the efficiency of the physical supply chain, such as:
- the type of transportation used,
- the route is taken,
- the number of stops made,
- and the handling procedures used.
In order to optimize the physical supply chain, it is important to carefully consider all of these factors and make sure that they are all working together efficiently.
An efficient physical supply chain can help to improve the overall efficiency of the logistics system and can contribute to a company’s bottom line. A well-functioning physical supply chain is essential for businesses that rely on the movement of materials to operate smoothly and efficiently.