Logistics is simply an unavoidable phase in a supply chain. As industries pass through steep and slump in demand and supply, the direct impact of it is seen on logistics companies and in their deployment strategies. Traditional methodologies to analyze and track inventories have by far been scrapped by most 'transporters' and latest technologies such as GPS (Global Positioning System) and Cloud have been integrated to their system, making the eco-system healthier and competitive.
Of late, operational functionalities of logistics have expanded to various verticals including integrated planning, control, realization, and monitoring of all internal and network-wide material, part, and product flow which has poised to be a challengeable opportunity to most vendors. Hence, most logistics providers are redesigning their supply channels by incorporating latest technological trends like monitoring and providing shipping data in seconds through cloud integration.
As businesses grow and expand, their requirement for enhanced supply chains has also dramatically increased and some companies have excelled in delivering these services. In the last few months, we have looked at hundreds of logistics providers and shortlisted the ones that are at the forefront of tackling the challenges of supply chain faced by manufacturers, wholesalers and retailers.
In our selection we looked at the vendor's capability to fulfill the needs of manufacturers through supply chains that support core business processes of any industry. Also, we evaluated the vendors support through the integration of latest technologies into their system.
Today, we present to you CIOReview's 20 Most Promising Logistics Technology Solution and Consulting Providers of 2013.