It used to be that transportation embraced the process of planning and executing efficient transportation and storage of goods from the point of origin to the point of consumption.
However, driven by the rapid pace of digitalization and blasted by the pandemic, it is safe to say that the transportation industry is in transition to be transformed. This transformation brings with it a wealth of opportunity but also a great deal of disruption to the conventional model.
An increase in global trade activities has led to a drastic rise in the volume of transporting goods across the globe through different means of transportation, such as airways, railways, roadways and waterways.
Moreover, the impact of e-commerce on the industry has meant that in order to remain relevant, companies must adapt to new altered aspects of the supply chain, including freight forwarding, warehousing, value-added services and on-demand delivery.
The ingredients to sustainable growth have proliferated. For instance, freight forwarding suppliers have re-evaluated their fleet compositions to accommodate on-demand deliveries to compete with the services of the e-commerce giants. Furthermore, e-commerce-driven logistic companies are expected to meet the ever-increasing reverse logistic requirements and invest in data-sharing systems and fleet management.
Tailor-made customer service and support driven by digitalization and monitored by technologies such as Big Data to enable companies to keep up with the latest industry trends are fundamental pillars of suitability and growth in the sector.
Depending on the companies’ jurisdiction of operation, various challenges such as labour shortages, fluctuating fuel prices, disruptive competitors, sustainability concerns, and regulatory demands are at the forefront of industry concern.
Moreover, this transition is speeding along the path of possibilities in AI offering solutions from robot and drone delivery to electric trucks.
Our technical and commercial experts and affiliates are here to support your sustainability and growth in the industry with resilient, adaptable, and integrated solutions and services.
Streamlining is key to optimizing supply chain and procurement. The entire chain has to follow in harmony. The main enabler of this focus in our view is enhancing the accuracy of planning (demand planning, forecasting), operations and logistics optimization (e.g. network design transport modes), inventory management and managing operations risk. We work with you in assessing the gross operating risk, mitigation plans and scenario modeling as well as developing contingencies to adequately address disruptions.
We work with you to assess all procurement activities across the chain and identify areas where you can improve the sourcing costs and service components. We further assist you with contracting terms and conditions with manufactures, suppliers.