Case study of Total Logistics (Railways, Roadways, Airways and Waterways, Health Care, Manufacturing, Trade & Transportation) Solutions

 Logistics is a type of a business, which is used to control, execute, and plan the movement of material, capital, and services. Logistics is a part of supply chain management that helps in efficient flow of goods and services from the point of origin to the point of consumption. Total logistics cost considers the whole range of costs associated with logistics. Logistics management makes an organization more competitive in terms of cost, quality, flexibility, and delivery. Total logistics helps to decide the price of the product to make it cost effective. Therefore, these advantages have led organizations to focus on improving their logistics activities.

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The significant factors that supplementi the growth of the total logistics market are development in global logistics infrastructure and advancement in information technology & the shipping sector. However, rise in inventory cost and low warehousing space hamper the growth of the total logistics market. Furthermore, increase in global trade activities and improvements in logistics infrastructure are expected to fuel the totallogistics market growth.

Infrastructural development has resulted in development of the logistic market. Logistics plays a vital role in delivery of goods and services. Faster delivery leads to more demand for logistics, and also helps to reduce the cost. Therefore, reduction in cost leads to the growth of the total logistics market. Increase in advancements in the technological sector has resulted in the growth of the total logistics market. Logistics helps to determine cost by adding the expenses of transportation. thus leading to the growth of the total logistics market in near future.

Application:

• Health Care
• Manufacturing
• Trade and Transportation
• Telecommunication
• Government and Public Utilities
• Banking and Financial Services
• Retail
• Media and Entertainment
• Information Technology

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