The Key to the New Economy: Logistics

Daniel Gross – a sharp Slate writer and blogger – delivers another astute proposition today when he says that the field of logistics will be driving the New Economy, yet it is rarely talked about.

I’ve always been fascinated with the logistical challenges companies like UPS, FedEx, and USPS face. The very first web site I ever visited was UPS.com (someone showed me a web browser and asked me to type in an address; the only one I knew was UPS.com since I had seen it on the side of a truck). While I don’t want to have to program complex math equations to figure this stuff out, I do enjoy the detail-oriented work of making the easy logistics of everyday life most efficient. For example, in the professional services world I think there’s a tremendous amount of logistical decisions that are made very inefficiently.

Gross correctly points out that increased international trade and increasingly sophisticated supply and demand systems at corporations will offer plenty of opportunities for the logistically-inclined to make a killing.

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