ABSTRACT
In this paper, we summarize the development of logistics of the United States and Japan, study and analysis the two developed countries’ current situation and characteristics of logistics, and compared with China's logistics. After hackling the history of China's logistics, we point out the problems and weaknesses of Chinese logistics industry, also research the development of China's logistics innovation. After a decade’s development, China's logistics industry has been in a fully, deeply and rapidly developing stage, and has been the leading industry of national economy. With considering the opportunities and challenges of Chinese modern logistics, fully analyzing of the current complicated and ever-changing world economy and China's social and economic development, taking into account of the financial crisis impact on the logistics industry, we think that modern logistics technology innovation has been a best choice for Chinese logistic company to deal with the financial crisis. Finally, we study the case of Far International Logistics Co., Ltd’s material management, and emphasize the innovation in inventory management. There is no doubt that innovation in technology and service will be eternal power of the development of logistics enterprises.
