Today, Logistics firms must offer a broader product mix and meet increasingly sophisticated demands from more suppliers and customers. Logistics is the management of the flow of goods between the point of origin and the point of consumption in order to meet some requirements, of customers or corporations.

An increased competition squeezes revenue, profits and margins, making it harder to ensure profitability. New technology solutions and initiatives can help wholesale distributors meet the challenges of today's economic environment. The complexity of logistics can be modeled, analyzed, visualized, and optimized by dedicated simulation software.

The logistics industry forms the backbone of the global supply chain. Amidst the tough economic conditions and global evolution, logistics companies are striving to deliver their brand promise consistently throughout the value chain and across all stakeholder groups. With the new normal forcing logistics service providers to focus on their business models, today's imperatives are filling service gaps, cutting carbons, and organic growth.

Business success is increasingly linked to effectively managing international logistics. Growing low-cost country sourcing and rising sales to international customers are triggering companies to seek new ways to manage the costs, complexities, and uncertainties of moving goods across borders.

Companies are creating Dynamic Distribution Networks that can fulfill customer demand from any point in the supply chain. They are looking at new ways to control product movement and improve velocity at consolidation points, satellite facilities and supplier warehouses, with the aid of technology and service providers. The world has become a warehouse without walls.

Traditional inventory management practices are being made obsolete by increasing global supply chains and contract manufacturing, more dynamic product life cycles and multi-channel distribution. These trends are driving the need for companies to adopt new inventory management technologies and processes that better account for supply chain complexity and can reduce inventories by 20-30%, while simultaneously increasing customer service levels.

Merriam–Webster defines logistics as the handling of the details of an operation. In the logistics industry, this specifically applies to the movement of goods—by plane, train, automobile, container ship, or 18-wheeler—in an efficient and timely manner. EDI plays a big role in the handling of these details, providing a means for better communications between distribution centers, shippers, transportation carriers, and other industry players.

Miracle provides all the following Solutions to the Logistics Industries:

  • Warehousing management system
  • Transport management system
  • Enterprise resource planning (ERP)