The increased scope for business has led to a massive increase in the growth scope for logistics management. Being with a worldwide scope for expansion and a strong market base, logistics has played a key role in the expansion of the industrial growth and development scope. With merely involving transportation in the beginning to moving towards a quick expansion in terms of artificial intelligence and virtual reality platform, logistics has witnessed a significant spur in the last few years, and this has casted light over the increased growth scenario of the industrial expansion outlook.
What is driving the growth of the Logistics Industry worldwide?
The ever-growing expansion of consumer base which is driving a swift movement of growth graph of FMCG and other consumer related segment industries and is anticipated to be the best growth proliferator for the logistics industry and is expected to shape the future of the industry. The growth in the eCommerce platforms have significantly led to an increased participation in the growth and development of the logistics management with increased control of inventory and doorstep delivery.