JUNEASIA BUSINESS OUTLOOK19Drag your Business to the Pinnacle by Harnessing the Power of Cross Border LogisticsIn any business chain the system of logistics plays a key role because the whole process from collection of raw materials, production and releasing in the market depend on this very system. Logistics is referred to the system or process of managing resources, store and then pack them accordingly to send to their final destination. Logistics management is a huge task which includes identification of qualified and prospective suppliers after thoroughly examining their effectiveness and accessibility. Logistics was first used by military to refer how the goods and inventories were managed, stored and collected in the military base camps. In today's business scenario logistics is a quite renowned and significant term which any owner of business chain is acquainted with.Cross Border Logistics: In case of import and export to another country cross border logistics system is used. With using the cutting-edge technology tools and software the logistics companies are organizing and maintaining the smooth supply chain management beyond the barriers of borders. It is of paramount to maintain a smooth functioning in the operation in order to avoid delaying and foster a corruption free, flexible and cost-effective inventory and shipping system. Smooth operation of cross border logistics can draw a handsome hefty turnover to the company.Process of Logistics Management: Logistics management starts from owning a warehouse where inventories or raw materials as well as finished goods will be stored. The process includes, supply and demand planning, storage handling, distribution and product management, implementation of advanced technology to manage sale, and customer service management. So, streamlining and chalking out a good logistical strategy is the key element for any successful business.Market Value: The global cross border e-Commerce logistics market was valued at $334573 million in 2022 and expected to rise $1089783.42 million by 2030 with CAGR +21 percent.Asia Business Outlook magazine provide insights on diverse industries and markets in Asia. In this issue, the magazine spotlights `Top 10 Cross Border Logistics Companies from South East Asia ­ 2023' who have made their signature in the world market through their expertise and innovations. We recognize their valuable contribution to the ever expanding and competitive market and their ability to sustain themselves and emerge as top contestants through their reliable products and services. The following list has been prepared after being closely scrutinized by a distinguished panel of judges including CXOs analysts and our editorial board.2023CROSS BORDER LOGISTICS COMPANIESFROM SOUTH EAST ASIA
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