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THE IMPORTANCE OF LOGISTICS IN FOREIGN TRADE

International trade is not success without logistic .

The success of the International business of any county depends on logistics. In today’s economy, logistics role is very crucial. Its duty of company for planning, implementing and controlling both evidence and physical materials and goods going from one place to another place. The company’s supply chain marks, at a minimum, one international border.

Important role of logistic

The business success depends on Logistics companies, logistic services role is important in trade activities at national and international level. It plays a vital role in achieving competitive gains of business. It is directly involved in the buying and selling in international trade it Improved trade logistics infrastructures such as roads & highways, ports, railways, airports including dry ports, warehousing infrastructure, and labs & testing facilities are necessary for the sustainable and balanced economic development of all parts of the country.

Now a day, logistics is increased and it has developed speedily on a global scale. The international trade has increased due to removing a lot of barriers from international trade, increasing foreign investors and technological developments. National economies have left down; services, workforce and capital due to removing a lot of barriers such as customs taxes, quotas, and capital and it becomes faster and easier to move one country to another country.

Logistics is the management of transporting goods from one place to another place according to customers requirement. In short, it is the responsibility of logistics to deliver the right product, to the right customer, in the right condition & quantity, and at the right place, at the right time and at the right cost.

Prof. Dr. Rashmi Gujrati .India 
Regulatory board Member of In Traders Academic Platform
Professor& Principal(Commerce & Management)

KC Group Of Institutions

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Rashmi Gujrati

Prof. Dr. Rashmi Gujrati , Professor-Dean (International Affairs) CT University, India President-Editor-In-Chief Tradepreneur Global Academic Platform, UK (Institution of Research & Development) Qualification: M.com, MBA, Ph.D. Specialization: Marketing, Finance & International Business, Entrepreneurship. Editor-In-Chief International Journal of Business Operation Editorial Board member of (IJEFMS) Science Publish Group, USA Editorial Board Member of Academic for Global Business Advancement Association, USA Reviewer of Common Ground Research Networks University of Illinois, USA Reviewer IBIMA Association, Spain Scientific Review Committee, Advisory Board Member of AASE Member Chung Yuan Christiana University, Taiwan Scientific Board Member of InTraders Academic Platform, Turkey Editorial Board Member of Journal of Agriculture, Food, Environment and Animal Sciences, Turkey Indian Commerce Association Indian Accounting Association Indian College Principals Association Review & Editorial Committee Board Member Laescuela Education Scientific Committee Member of Research Synergy Foundation (RSF) Indonesia Editorial & Review Committee member FSSER Malaysia Editorial & Review Committee member GI-SSF Malaysia +919759347347

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