In the increasingly competitive markets, businesses that replenish inventories as a part of their service contracts have had to up their game. A lean supply chain can be valuable to the business with a logistics partnership and keep field service operations efficient by ensuring reduced inventory levels and stock holding. In the pre-e-commerce era logistics was a push-based system, suppliers pushing raw materials to manufacturers who distribute finished goods to end customers through distributors or retailers. However, with the growth of e-commerce, delivery got triggered when a customer places an order. Here logistics plays the role of a critical enabler providing a competitive advantage for e-commerce companies.
Implementing a logistics strategy is critical to the business health, and it will help keep service levels at their highest for any companies that are involved in the business of providing a variety of products and services to customers. Supply chain and logistics are integral parts of every business, and a logistics plan helps the business run efficiently and cost-effectively. The reputation and success may depend on the logistics provider's reliability. A prospective logistics provider must compliment the specific needs of the companies.
In a bid to assist CIOs to identify the most advanced and trustworthy companies to partner with, the editorial board of CIO Applications along with our distinguished panel consisting of CIOs, CEOs, CTOs, and VCs, have earnestly filtered the most innovative vendors and solution providers in the present logistics technology arena. In the current issue we present to you the "Top 10 Logistics Technology Solution Provider 2018".