Commentary by Cass Pursell

The Mother of Invention?

• In the United States, the extreme logistics condition is the short-term focus on shareholder return and return on capital. In response, an extensive set of logistics finance and performance measures have been created, as well as supply chain integration and logistics information systems focused on the reduction of capital assets.
• In Latin America, there is limited to no logistics infrastructure or logistics service providers. In response, a new industry has developed concerned with the importation of logistics service providers and education.
• In Japan, there is a lack of land and human resources. In response, automated storage and handling systems have been developed and perfected, and multistory logistics facilities designed.

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