Transport & Logistics

Logistics is generally defined as the process of planning, implementing and controlling the efficient, cost effective flow of raw materials, in-process inventory, finished goods or related information from the point of origin to the point of consumption for the purposes of conforming to customer requirements. Over the last 10 years, the logistics market has seen rapid expansion linked to changes in customer demand and shifts of production to low cost countries.

The role of logistic services providers (LSPs) in the supply chain has evolved from mere service provider to strategic partner for industrial or commercial groups selling their products to international markets. LSPs face the challenge of managing multi-modal transport on a regional or global basis, implementing new technologies, integrating value added services, IT and consulting in their logistics solutions and dealing with the complex regulatory environment.

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