Emerging Industry Overview: Logistics Outsourcing Services
Industry Snapshot
Logistics refers to supply chain services such as the transportation of goods from manufacturers to retailers and distributors. Logistics outsourcing services enable companies to dispense with their own fleets and rely on third party shipping services to transport their goods.
The decision to outsource logistics has long been driven by the desire to reduce costs, and some progressive companies were viewing logistics outsourcing as a key part of their long-term corporate strategy. Therefore, efficient logistics became a means to increase market share, customer satisfaction levels, and more.
Because so many goods and...