Logistics is a fundamental part of supply chain management. It consists of the organization and management of flows of goods related to purchasing, production, warehousing, distribution and the disposal, reuse and exchange of products, as well as the provision of added value services. These days, enterprises often outsource their logistics activities to third party logistics providers and it is estimated that long-term contractual relationships, contract logistics, constitute 16% of total global logistics, while express/courier/parcel service are key to the e-commerce delivery business.
Global logistics market is anticipated to register a CAGR of 3.48% from 2016 to 2022 to attain a market size of around $12,256 billion by 2022. Increasing in global trade activities of the developing economies, rise in trade related agreements and global logistics infrastructure and advancement in information technology and transportation sector are the prime factors responsible for the growth of global logistics market. However, rise in pollution level and high inventory cost & low warehousing space are restraining the market growth. Irrespective of the challenges, rise in adoption of green logistics solutions is creating an opportunity to the market growth.
Our company have experience in development of solutions and helper tools that ease the logistics and distribution activities within companies. Every step in this complex process is implemented differently with different organizations and we do in-depth analysis of to produce solutions for handling documentation, cargo management, trackers, logistic points, subcontractors and many more.