Logistics Outsourcing Market - Global Industry Analysis, Size and Forecast, 2014 to 2020
- Submitted by: samuelford
- Views: 252
- Category: Science
- Date Submitted: 03/23/2015 12:52 AM
- Pages: 3
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Logistics outsourcing, most commonly known as third-party logistics is a process or operation of sub-contracting industrial functions like cross-docking, inventory keeping, warehousing and transportation to a third party or supply chain management provider. Third party logistics providers include raw material suppliers, distributors and other value-added service providers. These services are generally integrated and used together to provide end-user convenience. The decision for outsourcing logistics by a parent company is generally dependent on company size, complication of logistics and relative economic benefits of outsourcing. Logistics outsourcing includes contracting of material management, supply chain management, distribution management, shipment packaging and channel management.
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E-business web portals and stores are in extensive need of on-clock dispatch and delivery services offered by outsourced logistics providers. The advantages associated with the logistics outsourcing market are – improvement of supplier’s capability due to the use of information technology, specialization of operation, focus on core competencies and uniform growth. However, lack of monitoring control over logistics and risks associated with vendor reliability are some of the drawbacks of this market.
Regions across the globe with an attractive logistics outsourcing market, in terms of contract logistics, include North America and Southeast Asia. RoW (Rest of the World) is showing growth in inter-regional logistics. Major factors driving the development of logistics outsourcing market are globalization, time-proportional economy, presence of virtual organizations, improved customer awareness, strategic concerns to achieve more flexibility and better IT infrastructural support. On the other hand, loss of logistics, poor transportation, local protection regulations...
Visit Complete Report @ http://www.futuremarketinsights.com/reports/details/global-logistics-outsourcing-market
E-business web portals and stores are in extensive need of on-clock dispatch and delivery services offered by outsourced logistics providers. The advantages associated with the logistics outsourcing market are – improvement of supplier’s capability due to the use of information technology, specialization of operation, focus on core competencies and uniform growth. However, lack of monitoring control over logistics and risks associated with vendor reliability are some of the drawbacks of this market.
Regions across the globe with an attractive logistics outsourcing market, in terms of contract logistics, include North America and Southeast Asia. RoW (Rest of the World) is showing growth in inter-regional logistics. Major factors driving the development of logistics outsourcing market are globalization, time-proportional economy, presence of virtual organizations, improved customer awareness, strategic concerns to achieve more flexibility and better IT infrastructural support. On the other hand, loss of logistics, poor transportation, local protection regulations...