Industry permanently changed, says Trefzger
15 / 07 / 2010
THE logistics industry faces four new realities that will have a long-term impact on supply chain management, according to Schenker.
Detlef Trefzger, Schenker’s boardmember responsible for contract logistics and supply chain management, said: “There are excellent opportunities for the global logistics industry to benefit from these developments.”
In his opinion, he explained, one of the new realities is the tremendous growth in new markets and emerging economies, that these regions will have and will also demand a more significant role in the global economy. This is expected to result in new business opportunities for the logistics industry, a case in point being the automotive sector. Many manufacturers are now moving parts of their production to these countries.
Another new reality he identified results from the strong fluctuations in world trade, on the commodities markets and in production costs. These changes will lead to fluctuations in global freight flows and the demand for warehousing services. “The result is increasingly less time to plan logistics processes. Those who miss the boat by not diversifying broadly enough and not adopting a global stance will face difficulties,” said Trefzger.
“Actively driving change, exploiting talent and innovation; and ensuring continuity in the provision of services and quality to the customer – these are the new post-crisis requirements for logistics service providers,” he concluded.