Business: Logistics
Introduction
With growing competition in the market and increasing focus on reducing cost, logistics is becoming a key strategic decision point for managers in most of the businesses today. The objective of this paper is to discuss logistics, its uses and need for outsourcing this business function. The paper is divided into four sections. The first section defines logistics and describes its use in daily operations management. The second section of the paper discusses the need to outsource logistics to third party and their role in the OEM industry. The third section enlists functions that third party providers perform
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