Logistics Market
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<strong>Logistics</strong> <strong>Market</strong><br />
<strong>Logistics</strong> can be defined as collaboration of different segments such as supply, material<br />
management and distribution. As per the council of logistics management logistics can be<br />
stated as process of planning, implementing, and controlling the efficient, effective flow and<br />
storage of goods, services, and related information from point of origin to point of<br />
consumption for the purpose of conforming to customer requirements. <strong>Logistics</strong> is the<br />
management of things from the origin to the end consumer and involves activities such as<br />
material handling, packaging, transportation, inventory, security and warehousing.<br />
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Rising globalization and reduction of the trade barriers are supporting the growth of<br />
logistics market. Additionally, growing trend towards online shopping along with<br />
technological advancement in transaction, communication and new product development<br />
fuels the growth of this market. Adoption of advance tracking system for delivery such as
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