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Homework answers / question archive / Describe two ways in which the reduction in economic regulation has contributed to the increased importance of logistics
Describe two ways in which the reduction in economic regulation has contributed to the increased importance of logistics.
1)Reduction in economic regulation has increased the number of market segments, providing flexibility to specialize in a specific segment to efficiently meet its customer requirements.
2)It has helped in advancement of technology which allows logistics department to make accurate and better decisions.