The flows of materials, products, inventories, and other goods in logistics networks, are referred to as physical flows, the main direction of which is considered to be from the point of origin to the point of consumption.
What is physical flows in supply chain?
The physical flow represents the flow of products from suppliers to e-retailers facilities and final delivery of products to end-customers usually done by a 3PL provider. The information flow represents different on-line services to customers and supply chain partners.
What is another name for physical flow?
Basis for ComparisonReal FlowMeaningReal Flow implies the movement of factors services and a corresponding flow of goods and services amidst the various sectors of the economy.FlowAlternative NamePhysical FlowMovementClockwise