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Multiple Value-added Services Offered by Vendors Stimulating Growth in the Global Spare Parts Logistics Marketz

Reportstack has announced a new market research report on the Global Spare Parts Logistics Market 2015-2019.   Increase in the production of compact vehicles is one of the major trends upcoming in this market. Vendors in the Global Spare Parts Logistics market find great potential in the Compact Vehicle market, which includes subcompacts, micro cars, and superminis. The Global Spare Parts Logistics market is expected to grow at a CAGR of 6.93 percent during the period 2014-2019.

Vendors of logistics services should be efficient at services such as IT, data management, and supply chain management. Accurate forecasting of demand takes systematic and proper planning, purchasing, and ordering of logistics operations.  

“3PL vendors in the Global Spare Parts Logistics market focus on providing different types of logistic services,”.

“Shippers are now opting for 3PL providers that offer a one-stop solution to cater to all their needs without having to look for multiple vendors.”

To define the market conditions in the next 3-4 years, the analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance. 

To view the table of contents and know more details please visit Global Spare Parts Logistics Market 2015-2019.