The growing interdependence of the global economy is leading to an increasing demand for transportation and logistics services. Companies in the transportation and logistics sector have to deal with many challenges.
Growth in e-commerce: Demand resulting from online orders is increasing rapidly. This is putting pressure on existing supply chains to find faster and more flexible solutions. These developments call for entirely new supply chains.
On-demand processes: Accelerated and closely interlinked economic activities demand immediate availability of products and services. Disruptions to supply chains show the vulnerability of existing models and call for a rethink.
Geopolitical conflicts: Political tensions, trade wars and sanctions disrupt global supply chains, lead to delays and massively reduce planning reliability.
Sustainability and the extension of economic chains: Recycling and sustainable business practices extend traditional supply chains. Sustainability requirements focus on the supply chain itself as well as logistics performance.
Lack of deregulation: A constantly growing number of regulatory requirements from national and international regulations are placing an increasing burden on companies.
Intensifying competition: Asian suppliers in particular are putting pressure on the markets, leading to an increased pace of innovation.
Market concentration: Big players and niche providers dominate the market, while smaller companies fight for visibility.
The e-commerce boom and competitive pressure require fast, flexible supply chains. Intelligent automation and sustainable processes ensure competitiveness.
Michael Esser
Partner, German CPA, Tax Advisor