Logistics is a fundamental part of supply chain management. It consists of the organisation and management of flows of goods related to purchasing, production, warehousing, distribution and the disposal, reuse and exchange of products, as well as the provision of added value services.
A recent study on the EU logistics market estimated that the logistics operations (excluding in-house operations) amount to €878 billion (2012) in the EU. According to the World Bank “Connected to Compete” logistics performance index , the EU logistics sector performs well on a global level, the global top largest logistics service providers are all based in Europe; six countries out of the global top-10 logistic performers are EU Member States.
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