A STUDY ON CURRENT ISSUES PERTAINING TO FREIGHT FORWARDING AND CONTRACT LOGISTICS

Authors

DOI:

https://doi.org/10.36690/2674-5208-2022-4-72

Keywords:

logistic, development, operation, logistics resources

Abstract

The article is the result of a preliminary study conducted by the author on behalf of Connect Freight logistics. The purpose of the article is to study current issues of freight forwarding and contract logistics. The purpose of the article is to study current issues of freight forwarding and contract logistics. It is argued that logistics is the management of the movement of resources between the point of origin and the place of consumption to meet, for example, the needs of consumers or organizations. Logistics resources can include both tangible goods such as food, materials, equipment, fluids, and personnel, as well as abstract items such as time, information, particles, and energy. Logistics of physical items often involves the integration of information flow, material handling, manufacturing, packaging, inventory, shipping, warehousing and, in some cases, security. The article suggests: Improving the quality of roads will speed up the transport process; Increasing the type of consolidation services will reduce the cost so that the products are available at a low and economical cost. The main recommendations proposed by the author are: continuous improvement of port facilities in Southeast Asia is recommended; an understanding of the supply chain process is required; the growth of logistics must be at the same pace as the development of FMCG.

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Author Biographies

R. Divyaranjani, AMET University

Ph.D. Assistant Professor, AMET Business School, AMET University, Chennai, India

Sandeep Kumar Gupta, AMET University

Ph.D. (B.H.U.), FDP (IIM, Indore), ADP (Wharton School, USA) QIP (IIT BHU), AMET Business School, AMET University, Chennai,  India

Prajit A., AMET University

MBA Student, AMET Business School, AMET University, Chennai, India

References

Spens, K.M. and Kovács, G. (2006), "A content analysis of research approaches in logistics research", International Journal of Physical Distribution & Logistics Management, Vol. 36 No. 5, pp. 374-390. https://doi.org/10.1108/09600030610676259

Rutner, S.M. and Langley, C.J. (2000), "Logistics Value: Definition, Process and Measurement", The International Journal of Logistics Management, Vol. 11 No. 2, pp. 73-82. https://doi.org/10.1108/09574090010806173

Diyaranjani, R., Gupta, S., & A., P. (2022). An analysis of current freight forwarding and contract logistics issues. In Relationship between public administration and business entities management. Retrieved from https://conf.scnchub.com/index.php/RPABM/RPABM-2022/paper/view/497

Alkema, V. (2021). MANAGEMENT ANALYSIS OF SUPPLY CHAIN PERFORMANCE AND EFFICIENCY. Economics, Finance and Management Review, (4), 76–82. https://doi.org/10.36690/2674-5208-2021-4-76

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Published

2022-12-26

How to Cite

Divyaranjani, R., Gupta, S. K., & A., P. (2022). A STUDY ON CURRENT ISSUES PERTAINING TO FREIGHT FORWARDING AND CONTRACT LOGISTICS. Economics, Finance and Management Review, (4), 72–83. https://doi.org/10.36690/2674-5208-2022-4-72

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Section

Chapter 3. Modern management technologies