Ti’s latest report, Global Contract Logistics 2019, examines key trends in contract logistics and 3PL operations and provides analysis and evaluation of future practices expected in the industry.
Alongside Ti’s Global Contact Logistics Market Sizing, which includes 5-year growth forecasts, there is also an analysis of the dynamics in the pharmaceutical, retail and electric and digital vehicles supply chain. The report investigates the impact that the production of electric and digital vehicles will have on contract logistics provision and concludes that the underlying trends in the sector are likely to trigger a significant change in logistics requirements. Based on the detailed analysis of the underlying changes in the electric and digital vehicles industry, the report identifies the factors that determine which logistics providers will be winners and which ones will be losers.
The report also looks at the growth dynamics in the global pharma supply chain and estimates the size of the pharmaceutical logistics market by region and country. While the US is by far the largest pharmaceutical logistics market, it is confronted with the large and rapidly growing Chinese market. The section discusses what makes the pharmaceutical market a bright spot for logistics, worthy of the investment that many logistics providers have made in recent years. The country-level analysis of the pharmaceutical logistics market highlights where the potential for further investment in logistics capabilities lies.
The implications of the changes in the structure of the US retail sector for the contract logistics sector as well as the retail logistics challenges and opportunities associated with nanostores in developing markets are also discussed.
A deep dive into the world of technology also features in the report, which examines the innovations changing the industry, including Internet of Things (IoT), Big Data and Artificial Intelligence (AI), robotics, blockchain, 3D printing and digital logistics marketplaces in the warehousing sector. The report assesses the speed at which these innovations are adopted and forecasts which of the innovations will see industry-wide adoption or niche application in the near future.
Ti analysts conclude: “Appropriate technology, used by well trained and skilled personnel, can transform any business. But great technology in the hands of untrained and inexperienced people usually results in disappointment for all concerned.”
The report also takes a deep-dive into warehouse operations benchmarking and discusses the benefits of using key performance indicators/metrics to measure efficiencies and performance of warehouse activities against peers. The report states that warehousing operations managers need to continuously measure performance and productivity through the use of key performance indicators/metrics in order to ensure that customer expectations are being met. Beyond this, metrics provide a baseline against which improvement targets can be set and progress measured. They also provide visibility for managers, allowing potential problems to be identified and addressed before they become critical. The report provides an overview of the most widely used and important metrics.
Included within the report are profiles of the top 13 leading contract logistics providers. These profiles include analysis of the company’s background, finances and technological capabilities, as well as a strategic profile and SWOT analysis. According to Ti’s rankings of the top 20 contract logistics providers by revenue, the usual suspects compete for the top positions, and with a market share of 6.2%, DHL Supply Chain remains well ahead of its nearest competitors as the largest contract logistics provider globally.
Source: Transport Intelligence, August 13, 2019
