Just one generation ago, the courier industry was essentially nonexistent. Today, in 2008, it is one of the largest means of transporting daily shipments for all industry sectors. According to the US Department of Commerce statistics, air freight accounted for nearly 40 percent of all international trade merchandise in 2007, equaling about $4.8 trillion (US), with express delivery accounting for
logistics management accounting distribution
Technology in Driving the Logistics Industry Technology has played a major role in successfully building the supply chains of most organizations. Today, through the Internet, customers can place orders, calculate rates, schedule pickups, track shipments, and verify deliveries. What now seems to be commonplace functionality is actually the evolution of several technologies and philosophies fused into a unified set of solutions.A generation ago, simple material resource planning (MRP) evolved into MRP2.