A Study on Elastic Logistics in Supply Chain Management

Abstract

This research paper highlights the emerging developments in the logistics of supply chain management. In this study, the emerging logistics trends were highlighted. Authors have identified 15 logistics trends in the coming years. Elastic logistics was focused mainly considering current pandemic situations. Secondary data and published research articles were reviewed and used. Elastic logistics is all about by building the flexibility to expand and shrink according to the demands of the market in the supply chain during a given time frame. Further, in this study, the purchasing and supply chain management emerging strategies, thrust areas and , logistics & supply chain management linkages, emerging logistics trends, role of elasticity in warehouse operations, and benefits of elastic logistics in businesses. Adoption of elastic logistics philosophies is also discussion. In this context, elastic logistics concept adopted by a company in India also discussed. The case study is about Elastic Run Startup Company’s success story. This paper is an outcome of qualitative study. It is concluded that further empirical research should be conducted. Keywords: Elastic logistics, logistics trends, supply chain management, warehousing,