As a result of carefully reading the Case Study, students should be able to: understand the range of activities involved in supply chain and logistics management, explain the nature of Wincanton’s business activity, explain the way in which different teams within Wincanton work together to meet customer needs. — Edition 10
About the logistics industry
Logistics is the process that ensures that goods or services are available where and when they are needed in good condition and at competitive prices. This enables efficient management of the supply chain. Freight logistics companies either manage their own distribution system or manage it on behalf of another as ‘third-party logistics’ (3PL) or ‘hauliers’
The UK logistics industry is worth almost £75 billion to the economy and employs around 2.3 million people. In the UK it includes organisations such as TNT and Parcelforce Worldwide.