Logistics is a business to control, execute, and plan the movement of material, capital, and service. In a general sense, logistics is a part of supply chain management that controls, implements, and plans the effective and efficient flow of goods, information and services between the point of origin and point of consumption.

The logistics market has been considerably impacted by the introduction and use of new technologies. Some of the new technologies in the market are global positioning system (GPS), order entry systems, warehouse management systems, dispatching communication system, and transportation management system (TMS) among others.

Technological advancements have made it possible to track the object throughout the delivery process. This is due to the advent of tracking systems such as RFID (Radio Frequency Identification), GPS, and bar code systems. Logistics companies are using new technologies such as CPFR (Collaborative Planning, Forecasting and Replenishment) and VMI (Vendor Managed Inventory) to meet the ever changing demands of customers. DHL Express launched a new technology named TC55 scanners that operates on Android platform, is easy to use, and also has global positioning system (GPS) navigation capabilities.

Logistics is a business to control, execute, and plan the movement of material, capital, and service. Logistics is a part of supply chain management that controls, implements, and plans the effective and efficient flow of goods, information, and services between the point of origin and point of consumption.

The logistics market includes all the activities of the supply chain such as transportation, customer service, inventory management, flow of information, and order processing. Some other activities of the supply chain are warehousing, material handling, purchasing, packaging, information and maintenance, among others. Demand for logistics solutions is much higher in the B2B sector and is anticipated to continue rising over the next few years.

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