Thursday, October 17, 2019
Logistics Essay Example | Topics and Well Written Essays - 250 words - 1
Logistics - Essay Example It would greatly facilitate in reducing the logistic costs. Indeed, in the current environment of recessive environment, forging alliance vis-a-vis for using common shipment of goods makes sense because it would not only cut cost of logistics but it would also help companies to expand their business interests across geographical boundaries. Developing relationship based on transportation logistics would be the practical solution for small and medium businesses who are hit hard by recession and rising oil prices. The low cost goods could still be sold at premium in United States through such innovative business approach. Outsourcing of manufacturing goods could only be successful if the logistic costs remain stable. But as it is not possible in the current times, business relation that encourages the use of common shipment procedure amongst different business groups would be a credible alternative to restrain rising cost of transportation logistics. (words: 253)
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