In the Philippines, remittances from both domestic and international sources has continued to grow at a steady pace for the past few years and this trend is expected to last with sustained local and international migration.
Here in the Philippines, the consumer goods and retail industry is fairly well-developed; as part of the overall services sector of the broad economy, this industry performs a vital function by ensuring customers or end-users have access to the goods or services they need.
Logistics is the part of the supply chain involving the physical movement of goods, services, cash, and information. It includes inbound and outbound transportation, material handling, warehousing, inventory, order fulfillment and distribution, third party logistics, and reverse logistics (Stevenson and Sum, 2014). Logistics also includes the storage of raw materials, work-in-process inventories, and finished good.