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Evolution of Supply Chain Management and Logistics, Legend, important…
Evolution of Supply Chain Management and Logistics
Reduced transport intensity of freight
High value low volume
Falling product prices
Increased competition
Market price decline
Focus on cost-saving areas
Deregulation of transport
Countries removed barriers
Cheaper services
Productivity improvements
More mode of transport
Effective transport
Application of technology
Emphasis on inventory reduction
Eliminate unnecessary inventory
Changes in company structure
Integration of departments
Outsourcing other companies
Legend
important developments
evolution