Many of today's most successful companies have decided to focus on their core business and purchase other functional needs from outside vendors. Time and resource constraints make utilization of public or contract warehousing providers an attractive option. Because of their specialized...

Just‐in‐time (JIT) systems have evolved from a few selected implementations in the automobile industry into a widespread business practice. Early understanding of JIT models indicated that JIT can reduce inventory in the production system through the elimination of wasteful activities. This...

In recent years, more firms have chosen to use outside service vendors to provide at least a portion of their logistical support requirements. The analysis presents projected usage trends for selected services as identified by logistics executives. Differences in anticipated usage levels of...