CIO Review, LOGISTICS SPECIAL
CT Logistics named one of the 20 Most Promising Logistics Solution Providers for 2016
Logistics as a business concept evolved in the early 1960’s with the dawn of increased complexity concerning supply chain processes. It is an integral fraction of supply chain management and cannot be shunned by industries. The traditional methods of logistics that involve analyzing and tracking inventories fail to comply with the requirements of the present day industry operations. With the introduction of GPS (Global Positioning System) and the Cloud, logistics operations have become incredibly user-friendly, helping businesses to proficiently monitor and keep a track of their business activities.
Currently, the functionalities of logistics have transformed enormously with a significant rise in E-commerce industries, discount stores, and integration of cloud computing. Presently, Logistics providers are offering customers with inbound logistics, multi-enterprise grid functionality and shared distribution networks for efficient manufacturing, storing inventory information and obtaining an integrated view of all their activities.
Citing the swift growth and expansion of manufacturing businesses, the necessity for a competent supply chain has increased immensely. Subsequently, a number of companies have achieved distinction in delivering these services. In the last few months, we have come across hundreds of logistics providers and shortlisted some of the pioneering companies who have helped manufacturers, wholesalers and retailers in tackling the challenges related to supply chain management.
Our selection is based on the vendor’s capability to realize the needs of manufactures through supply chain that support core business processes of various industries. Additionally, we evaluated the vendors support through support based on the integration of technological innovations into their systems.