Service
The New Focus in International Manufacturing and Trade
Hans Jürgen Peters
Published: 1992
Pages: 28
Logistics management (to improve asset productivity and respond more quickly to volatile changes in customer preferences) enables many organizations to conduct their business with minimal inventories - by outsourcing intermediate production to enterprises in countries where factor costs are lower. Developing countries can capitalize on the trends only if they substantially improve their infrastructure, liberalize their regulations, and master modern logistics management techniques.