Report highlights key logistics trends in the current scenario
Tariffs, political tensions and conflicts, inflation and recession risks, changing consumer behaviour or underlying challenges like digitisation and AI: Most businesses globally are faced with unseen levels of unpredictability and uncertainty at the moment.
Navigating this complex environment and taking the right focus and decisions has become more difficult than ever across virtually all industries. When it comes to global supply chains, Maersk’s new Logistics Trend Map helps now to focus on the most relevant trends and game changers for future supply chain management.
The report is based on comprehensive data analysis by the partner Statista as well as quality expert interviews and insights from more than 500 industry logistics leaders. To identify the trends, it used AI-driven analytics to explore scientific studies, patents, earnings calls and start-up activities. With the objective of not only identifying the most important trends but also positioning them on the Trend Map, it assessed the data to determine the relevance and level of industry adoption of each trend, Maersk explained in a communique.
From a list of 30 identified areas, The Logistics Trend Map offers deep-dives into the ten most relevant topics. These are:
* Supply Chain Visibility
* Internet of Things
* Supply Chain Diversification
* Financial Resilience
* Digital Transformation
* Circular Economy
* AI
* Cyber Security
* E-Commerce
* Last-Mile Delivery
These ten top rated topics and their impact on supply chain management vary significantly across the geographical regions and eight industry verticals (retail, automotive, chemicals, pharma & healthcare, lifestyle & fashion, perishables, technology and FMCG). Filtering the topics by region and industry vertical offers some surprising results: For instance, in retail the reverse logistics/return handling is by far the most pressing challenge for company logistics, said 53% of the interviewed decision-makers (mainly due to its complexity) – even bigger than geopolitical disruptions which were mentioned only by a comparatively low 38% in retail (versus max of 59% in fashion & lifestyle and pharma & healthcare), as per the communique.
“In an increasingly complex and challenging world, staying ahead in logistics has never been more critical. The question is no longer whether companies will face disruption in their supply chains, but how they can constantly and effectively navigate them. Identifying and analysing trends therefore enables businesses to stay competitive in a dynamic industry,” said Mr Karsten Kildahl, Chief Commercial Officer (CCO) at Maersk.
The Logistics Trend Map also offers actionable insights on how to leverage the trends to solve problems and unlock growth opportunities, the communique added.
Source: Exim News Service: Copenhagen, April 7