Logistics is an essential component of supply chain management. It involves the planning, carrying out and management of goods, services, and information from the point of origin to the point of consumption. Logistics aligns the complex pattern of traffic and transportation, shipping and receiving, import and export operations, warehousing, inventory management, purchasing, production planning, and customer service. Companies see logistics as a critical blueprint of the supply chain. It is used to manage, coordinate and monitor resources needed to move products in a smooth, timely, cost-effective and reliable manner.
In this digital Era, Supply chain information is transferred through IT networks. These IT networks are vulnerable to attack. In recent past we have witnessed big logistics-shipping companies were standstill due to cyber-attacks. These attacks led to disruption in transport across the entire planet, including delays at the largest ports around the world.
As supply chains have gone multi-national and global, supply chain security is becoming increasingly critical as the fallout can put supply chains and businesses at risk. Major logistics or supply-chain concerns are Inventory theft, mismanagement of cloud (if any), trusting data to third party vendor, IoT Censor compromise and many more.