New Book Explains Value of "Logistics Clusters" to Companies, Economies
No man is an island, wrote the poet John Donne—and according to a new book by Yossi Sheffi, the same could be said of logistics operations. Sheffi, director of the Massachusetts Institute of Technology's Center for Transportation and Logistics, believes companies gain a competitive advantage by locating their transportation and distribution operations within "logistics clusters"—geographically concentrated sets of logistics-related business activities—instead of in an isolated area.