Big Boom in SHIPPING AND LOGISTICS Industry

Big Boom in SHIPPING AND LOGISTICS Industry

In general, logistics is the detailed organization and implementation of a complex process. In the general business sense, logistics is the management of the flow of things between the place of origin and the place of consumption to meet the needs of customers or businesses. The resources managed in logistics can include tangible goods such as materials, equipment, and supplies, as well as food and other consumables. The logistics of physical items typically include the integration of information flow, materials handling, production, packaging, inventory, transportation, storage, and often security.

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Some of the key players of Shipping and Logistics Industry:

Deutsche Post DHL Group, BDP International, Kuehne + Nagel, C.H. Robinson, Rhenus, DSV, APL Logistics, Agility, DB Schenker, Allcargo Logistics, Hitachi Transport System, Hyundai Glovis, Hub Group, CEVA Logistics, FedEx Supply Chain, Expeditors, J.B. Hunt, Gati, Damco, Imperial Logistics, Ryder, Sankyu, Nippon Express, NFI, Panalpina, Logwin, UPS, Menlo Worldwide Logistics, Kerry Logistics, Mitsubishi Logistics

In military science, logistics is about maintaining the army's supply lines while disrupting those of the enemy, since a force without resources and means of transport is defenseless. Military logistics were already practiced in ancient times, and as the modern military has a significant need for logistics solutions, advanced implementations have been developed. In military logistics, logistics officers manage how and when resources are relocated to the places where they are needed.

Logistics management is the part of supply chain management and supply chain engineering that plans, implements, and controls customer requirements efficiently, effectively forward and backward flow and storage of goods, services and related information between the place of origin and the place of consumption to be fulfilled. The complexity of the logistics can be modeled, analyzed, visualized and optimized with special simulation software. The minimization of resource consumption is a common motivation in all logistics areas. A specialist in the field of logistics management is called a logistician.

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