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As recently as 15 years ago, there was virtually no such thing as a contract logistics company, but today there are hundreds of them. UPS Worldwide Logistics, FedEx Logistics, Caliber Logistics and scores of others, are growing and changing the way supply chains are designed and managed.  At the same time, the demand for software to help with that is growing and changing.

More than ever before, logistics is where tomorrow’s strategic advantage is being created today. Companies like Wal-Mart, Dell, Procter & Gamble and ZARA are already leading the way in creating strategic business advantage through their logistics and supply chain operations.

As the globalization of markets continues, tomorrow’s corporate leaders are increasingly expected to have logistics expertise. Even today, many top corporate executives are those with extensive logistics experience.

 

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Massachusetts Institute of Technology MLOG is a part of MIT Center for Transportation & Logistics