In a short essay, describe the role of a logistics service provider, and explain how this role participates in both the distribution and facilitation of international trade
What will be an ideal response?
One category of participant in international business is facilitators, independent individuals or firms that assist the internationalization and foreign operations of focal firms and make it possible for transactions to occur efficiently, smoothly, and in a timely manner.
An important facilitator of international trade is the logistics service provider, a transportation specialist that arranges for physical distribution and storage of products on behalf of focal firms, also controlling information between the point of origin and the point of consumption.
In addition to being an important facilitator, logistics service providers are a part of the distribution chain. Distribution channel intermediaries are specialist firm that provides various logistics and marketing services for focal firms as part of the international supply chain, both in the focal firm's home country and abroad. Typical intermediaries include independent distributors and sales representatives, usually located in foreign markets.
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