TRANSPORTATION & LOGISTICS FIELD --
Challenges Issues, and Trends in the Logistics and Transportation Field
The complexity of logistics in terms of the split channels, a higher variance in products and demand for customer focused solutions has been on the rise. There have been several trends that indicate that there are many challenges down the line as global trade becomes even more interactive and complex (Editorial Staff, 2013).
Trends
Studies point to the following trends.
Emergence of New Technology: Most companies have realized that there is need to make use of new technology. Research shows that 60% of major companies plan to invest heavily in data analysis tools in the coming five-year period. The tools are meant to enhance a holistic handling and precise and proactive connection of data so as to boost control and planning outcomes (Editorial Staff, 2013).
A Structural Change Freight by Air to Freight by Sea: The latest developments bear evidence to the fact that there has been an increased tendency to make use of sea freight compared to air freight. Air freight continues to be favoured when it comes to high value and low volume merchandise. Companies are increasingly searching for cheaper transportation options. The latter trend explains the shift in the preferred mode of transportation...
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Supply Chain The Current State, Objective and Future Trends of Risk and disruption management in supply chains States and Trends of Risk and Disruption Management in Supply Chains After suffering for years, managers' gain ground in supporting supply and demand market of today, yet the effective assessment of managing risk as well as disruption is still an active conversation amongst project managers. Management takes a new position and arranges new strategies to support
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