Ti report questions if you really know what’s happening in your supply chain
- The 2016 edition of Ti’s Global Contract Logistics report is now available
- New themes for this year’s publication include innovation, technology, risk, sustainability and ethics
- The global contract logistics market expanded by only 3.8% in 2015, down from 4.4% the previous year
- Without a constant steam of accurate data, IT within the supply chain becomes extremely ineffectual
- Globalisation, e-commerce and technological innovations have changed the structure of the contract logistics market. The report offers insight into how providers remain competitive in the evolving market
5th May 2016, Bath, UK: Ti is pleased to announce that the latest edition of its best-selling report, Global Contract Logistics, is now available to purchase. As with previous years, the report provides industry leading analysis of global, regional and country level contract logistics markets as well as detailed profiles of the leading providers. The comprehensive report also contains Ti’s unique market sizing and forecasting data.
Ti findings state that the global contract logistics market expanded by only 3.8% in 2015, down from 4.4% the previous year. Ti’s predicts that this will improve as emerging market growth is expected to pick up. Ti Economist, David Buckby, explained: “Overall, 2015 was a year where there wasn’t a great deal of change in developed contract logistics markets. What the world really noticed was the weakness in emerging markets. This is by no means a call to ‘give up’ on emerging markets, forecasts for 2016 and beyond are more optimistic. Rather, it is that logistics providers should perhaps pause for thought a bit more before ramping up investment in certain locations.”
As well as this, however, for the first time, the report also includes analysis on the increasing impact of social responsibility, environmental accountability and ethics in the supply chain. Economic, environmental and societal issues are bound tightly together. In order to ensure a long term, sustainable future for global supply chains, companies must build collaborative, multi-stakeholder approaches to creating value which don’t impact on the environment or have a negative impact on people’s wellbeing. This analysis, provided by John Manners-Bell, CEO of Ti, explores the question: How will this impact strategies employed by logistics providers?
Another new theme for 2016 is on technology within the supply chain, the applications of IT in the supply chain and the impact it will have on the success of the market. The increased integration of IT and technology throughout operations presents a number of efficiency opportunities for logistics service providers. However, without a constant steam of accurate data fed in to the system they become extremely ineffectual. Ken Lyon, Advisory Board member for Ti and author of the chapter, ‘Technology in Contract Logistics’ said: “This inability to share information seamlessly between different systems is possibly the most significant contribution to both breakdowns in communication, and failures in efficiency in the industry. As the demand for collaboration and information sharing increases, the harder it becomes for older systems to cope.”
Whilst the themes adopted for the 2016 Global Contract Logistics report may at first sight seem diverse and eclectic, each theme is fundamental to competitive advantage in the modern supply chain and logistics industry.
John Manners-Bell, CEO of Ti said this on the themes included in the report, “These factors now form a complex matrix of values which managers need to take into account when making informed decisions on their production and logistics options.”
About Transport Intelligence
Transport Intelligence (Ti) is one of the world’s leading providers of expert research and analysis dedicated to the global logistics industry. Utilising the expertise of professionals with decades of experience in the mail, express and logistics industry, Ti has developed a range of market leading web-based products, reports, profiles and services used by all the world’s leading logistics suppliers, consultancies and banks as well as many users of logistics services.
Key Contacts
Michael Clover, Business Development Manager, E: mclover@ti-insight.com