What are the challenges with managing a logistics business?

[Fidelia]

A logistics business is one kind of business that deals with dispatch of items to their destination. It could be a very profitable business because it is a part of the e commerce ecosystem.

As someone that wants to enter the business newly, what are the things that I need to expect in the business as challenges?

 

[eldavis]

I think one major challenge might be time. It can be pretty difficult most times to meet up with the timing.

 

[nomad]

The most important things is keeping the charges down. There is a lot of competition and if your charges are high, you will be out of business

 

[Shavkat]

The only thing that I can think of is to manage the financial management. If it is not monitored accordingly, it will be a disaster.

 

[King Belieal]

The challenge that I see with managing a logistics business is how to make sure that parcels don't get damaged on transit. That's why proper placement must be done for every parcel.

 

[Ratine]

The most challenging thing for that business is the higher costs for the transportation services due to the gasoline increased prices.

 

[Stardom22]

The most challenging factor on that kind of business is the need for many documentation for one to be approved by the governing bodies.

 

[Ratine]

Logistics businesses here in my country are being affected by the unfair competition for that matter.

 

[cherry123]

It is to handle clients parcels with care be sure that you they are not stolen or damaged as they get into your hands

 

[Fidelia]

The greatest challenge is theft of a parcel meant for delivery. One has to do all checks before employing someone for a logistics business.