Landscape of Cloud Computing Technologies in Logistics Market Outlook: Ken Research

Development in the technology, totally change the landscape of the logistic industry. Though improvement in the technology and more innovations in the existing technology has significantly increased the supply of products and services, minimizing costs and errors. It is no secret that internet of things turned up the marketing environment of the logistic market with the extensive usage of smart devices. In the recent trend the smart devices are made with built-in Wi-Fi capabilities and sensors in the cell phones and cars or other transportation vehicles. With the Wi-Fi application everyone can easily access internet and can grab many opportunities with the technology of internet of things (IoT). According to the report analysis, ‘MARKET RESEARCH REPORTS FOR LOGISTICS’ suggests that IoT is opening up many opportunities for the supply of goods such as delays by avoiding risks and reducing costs.

FedEx was the very first company to introduce IoT in the logistics industry which was initiated for parcel tracking. With the installation of IoT, the efficient yard and warehouse management can be done as with this technology warehouses will track the equipment, inventory and others via the cloud computing. With the less human resources, security quotient and work place health will also be enhanced. Moreover, IoT hits the tracking system, all the parcels/trucks/vans will manufacture with RFID (RADIO FREQUENCY IDENTIFICATION) tags, and can automatically update the data on its whereabouts such as once the product is loaded into a vehicle, the carrier will get the information about it which will be sent across the company through the cloud computing. The technology of internet of things is here transform the industry of logistics towards the next platform and shows the increasing landscape in its evolution. The companies smoothen the user and work experience moreover, encounter positive shift in their revenues with the technology of IoT. In addition, IoT based technologies, such as GPS, tracks the movement of containers in and outside the port to ensure they are safe and it allows the interconnection of components located in different areas. According to the report analysis, ‘LOGISTICS AND SHIPPING INDUSTRY RESEARCH AND MARKET REPRORTS’ suggests that IoT technology market is expected to grow at a positive CAGR during the period (2017-2022) with the more innovations in the applications of internet of things.

With the wide usage of IoT the market is segmented across the globe which includes North America, South America, Europe, Asia Pacific region and Middle East & Africa. Whereas, the adoption of IoT in logistics is majorly done by the North America by the organizations and In Europe also the widely usage of this is done as due to rise in emphasis on automation and cost reduction in the logistic industry. Not only has this, Asia-Pacific region dominating the attractive part of the logistic market.

The market of logistic is highly competitive due to the presence of established IT vendors. The major player is majorly focused on improving their services and solutions with the more development, innovations and high investments in the research & development. Cisco System, Inc., Microsoft Corporation, Intel Corporation, Octonion SA, KaaloT Technologies, SAP SE, Amazon Web Services, Google Inc, Machine (IBM) Corporation, Bosch Software Innovation GmbH and others are the major players in the global Internet of Things in logistics market whereas, Microsoft Corporation, Google Inc., Machine (IBM) Corporation are the major players of this market and they are projected more projects related to this technology which is benefitted for the new entrants and consumers also.

With the more innovations and research & development in this the market of logistics is become more attractive and investor starts investing more for enhancing the applications of the technology. Therefore, it is expected that in the coming years the global Internet of Things (IoT) in logistics market will grow rapidly over the decades with the extensive financial support of the investors to the market.

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Disaster Logistics Management Market Outlook: Ken Research

Disaster logistics is defined as management of relief material to be delivered to the affected people and area in times of disaster. Many severe disasters have taken place in recent years and disaster management has been a global concern for years. Disaster logistics business review shows that there is a need to mobilize resources and expertise in an efficient manner.

Disaster management for years was seen on a single level but now logistics and transportation market research reports consulting has led to a more broad view in which disaster logistics have been stratified. For the last few years the Federal Emergency Management Agency (FEMA) has been testing technologies to improve disaster logistics. The goal of this is to combine the technologies to develop a system which would have the following functions:

Resource management which will be an automated database of the human and physical resources responding to the disaster including warehousing/inventory management

Planning through a library of Emergency Response Plans that can be selected, activated and easily managed in times of crisis

Incident Management through a system designed with the user in mind to facilitate workflow of any emergency agency.

Operations Command and Control through   geo-spatial mapping for actual/live responses as well as disaster logistics asset tracking.

Transportation and Shipping of relief material like medicines, food supplies and water from origination to destination with tracking via GPS transponders.

Simulation/Drill Exercise Automation to better prepare people and authorities to deal with crisis.

Other agencies like Emergency Management Assistance Compact (EMAC) have offered small regions assistance. EMAC provides a responsive and straightforward system for US states to send personnel and equipment to help disaster relief efforts in other states. Despite this sometimes the disaster scenario is overwhelming and so many emergency agencies are turning towards the private sector partners for supplies and equipment. Big companies like Walmart also undertake efforts to assist as they have developed their logistics sector to distribute relief supplies to communities in need immediately after a disaster takes place.

The US is a great example of developments in disaster logistics and has shown the strength of community effort. This is evident by the fact that 22 out of the top 50 retailers in the US aid the EMAC by directly supplying resources. This also brings out the fact that disaster logistics must have a comprehensive Supplier Management that allows the retail community to receive and fulfill orders for needed supplies and equipment. Warehousing also plays a crucial role in keeping relief supplies safe. World Vision has 11 warehouses of donated goods in the US alone and represents a vital source of needed supplies and equipment to the emergency management community.

Disaster logistics is a growing sector that has immense potential for future growth as well. The US clearly displays the benefits of community building that will augment disaster logistics development. The mobilization of resources and proper information system are the key to success in the field. Organizations that receive assistance from private players are expected to be the growth drivers.

Key Factors Considered in the Report:

Logistics and Shipping Market Research Reports

Logistics and Shipping Industry Analysis

Market Research Reports for Logistics

Logistic Market Research Report

Logistics and Transportation Market Research Reports Consulting

Logistics Business Review

Logistics and Shipping Industry Research and Market Reports

To know more, click on the link below:

https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/SC-100-45.html

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Ken Research 

Ankur Gupta, Head Marketing & Communications

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Poland – The New European Logistics Hub: Ken Research

Introduction: Recent research indicated in Market Research Reports for Logistics has shown the growing popularity for Poland in the European Logistics market. Market research estimates that Poland is soon to become one of the biggest logistics hubs, if not the central one in Europe. Increasing levels of economic prosperity in several growth economies like Belgium and Spain combined with the recent improvements in the Greek economy have had a widespread effect positively impacting the economies of other countries through external trade. The growing prospect in trade has caused a major boom in European logistics with investment into warehousing toppling USD 18.5 Billion. There is no let up in the demand and investor interest into the European markets which has caused prominent growth in Logistics, Warehousing and Freight Forwarding services across several countries. Although there is increasing investment across several regions in the European Union, one that takes the focus is the growth of Poland

Market Evolution: The market for logistics in Poland is experiencing a massive increase. Poland has a favorable location being a region in the middle of Eastern and Western Europe allowing it to act as a flow corridor for trade across Europe. Increased participation from foreign industrial players is also a major growth driver. China’s Cosco is launching an additional weekly feeder service between its Polish hub and Helsinki, Riga, Latvia, and Klaipeda, Lithuania, alongside its current service linking Rotterdam and Gdansk with St. Petersburg and Kotka, Finland. Gdansk’s bid to become a European hub was sealed when the leading ocean carriers opened it up to direct calls from Asia, replacing feeder shipments from Rotterdam, Hamburg, and Bremerhaven. Poland also wants to link up with Beijing’s Belt and Road project in a bid to become an import hub for Chinese exports. Poland’s truckers have impacted the market heavily hauling more than one-quarter of the EU’s cross-border freight traffic and accounting for about 30 percent of its ballooning cabotage market. The country’s logistics pull was highlighted by the decision of Zalando, a Berlin-based online fashion group, to invest USD 178 Million in a 1.4 Million square foot warehouse in Gryfino, a Polish town just more than a mile from the German border that will export clothes and shoes to Poland, Germany, the Nordic/Baltic region, and beyond. And transport investment is gathering pace, with the European Investment Bank earlier this month agreeing to USD 758 Million  financing to improve Poland’s rail links to its ports, building on some USD 3.15 Billion  of EU structural funds to improve its port infrastructure.

The Gdansk Port Authority is talking with potential private investors for the construction of a new universal port costing between USD 1.7 Billion  and USD 2.5 Billion , the state rail infrastructure company is improving cross-border freight connections with Ukraine, and the Belarus and the Polish government’s plan to spend up to USD 9.34 Billion  on a new airport between Warsaw and Lodz linked to the national rail network with the aim of establishing a multi-modal Central European logistics gateway. One of the most important challenges that Poland will face in the coming years is to further increase road throughput that is why the biggest portion of EU funds in the 2014-2020 perspective, i.e. USD 26 Billion or 27.8% of total EU funds allocated to Poland in that timeframe, will be spent on transport infrastructure. The country also plans to build 1800 new roads by 2023, mainly national roads and expressways. So far, thanks to EU support, the national system of high-speed roads tripled between 2004 and 2013. However, not all funds will be spent on the development of the road network: Poland wants to spend over USD 18 Billion on railway infrastructure in the frame of the government railway program. Another USD 1.7 Billion will be spent in 2014-2020 on maritime transport. This would mean an increase of over 2.5 times compared to the 2007-2013 perspective. In the frame of maritime transport investments, the container terminal in Gdansk will increase its capacity to 4.5 Million TEU (twenty-foot containers) from 1.5 Million TEU at present. About USD 350 Million will be directed to investments at Szczecin and Swinoujscie ports.

Conclusion: There are several reasons that Poland is experiencing significant growth in its Logistics sector. One being its strategic location. Another major factor is the increased investment and the growing level of favorable supply to match the demand as labor charges and increasing road infrastructure is improving the transport scenario for Poland. The country is expected to become a major logistics hub globally in the coming years and there is an increasing interest from foreign parties to gain on this trend for more effective logistics operations, at least in the region of Europe which is an explanation for the level of investments being made into Poland.

Key Factors Considered in the Report:

Logistics and Shipping Market Research Reports

Logistics and Shipping Industry Analysis

Market Research Reports for Logistics

Logistic Market Research Report

Logistics and Transportation Market Research Reports Consulting

Logistics Business Review

Logistics and Shipping Industry Research and Market Reports

To know more, click on the link below:

https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/SC-100-45.html

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Ken Research 

Ankur Gupta, Head Marketing & Communications

sales@kenresearch.com

+91-9015378249

The Real Cost Of Cargo Loss: Ken Research

Introduction: Supply chain strategies are rapidly evolving to provide customers with faster delivery of their products with minimum additional costs that need to be incurred by Logistics suppliers for the purpose of maximizing supply chain value. This is important as there is an impending need for efficient delivery of products which are time bound and critical for important operations such as chemicals, food and beverage products and medicinal supplies. One major factor that has not been addressed well enough which is a major reason for increasing costs of goods is the damage to cargo. While most see the cost of damaged cargo as the total retail value of the cargo, this is a very binary way of looking at the situation.

Market Scenario: Industrial research has calculated that cargo losses have topped USD 55 Billion as of 2015 based on Logistics and Shipping Industry analysis, with theft for that year leading to a loss of USD 22 Billion. The threat of theft has been prominent mainly in poverty entrenched economies, South Africa has seen a 30% increase in the amount of truck jacking for the year 2015. Global cargo theft is expected to increase by USD 1 Billion. The damage that occurred from natural disasters from the preceding 5 years lead to another USD 33 Billion loss in damages and unsalable goods led to a loss of approximately USD 5 Billion for the grocery industry in the year 2014. The impending argument shows that ineffective care of the goods has led to major losses for the logistics industry. Aside from these natural threats, an increased threat to cargo safety has been the impending influence exerted by terrorist activities which have led to losses in the billions. Aside from terrorism, theft and nature, another major participant in losses for logistics and manufacturers has been the warfare situation in third world economies causing a loss of about USD 700 Million to Jordanian trucking in 2011 alone, unfair wage practices leading to a 58% increase in strikes in China for the year 2015 causing another loss of USD 27 Million to the footwear industry in China.

Implication: The damage caused due to cargo is one of the most important reasons manufacturers raise their prices and logistics costs increase. The loss of goods is not just calculated as the retail value of the goods; the major issue with that method of calculation is that the opportunity cost of the goods is not taken into account. Lost goods for the manufacturer play a major role in the bottom line of the company and the damage is calculated based on the extent of margin the company operates on. For example, a company working on a 10% profit margin losing USD 1,000 worth of goods would have to have an increase in sales by USD 10,000 to offset the loss of the goods and while this is the immediate impact to the manufacturer, the lost goods represent lost sales for the manufacturer and lost revenue for every stakeholder in the manufacturers value chain, aside from damaging the brand value of each stake holder in the value chain as well. The long term effect leads to losses of customers and therefore, sales for the members of the value chain. This need to recover revenue leads to higher prices for goods causing inflation thereby worsening the economy.

Carrier Liability: While a majority of manufacturers believe the system of carrier liability works as the insurance for their goods that are transported, this system has a major flaw. For a customer using a carrier to transport goods they would have to prove negligence on behalf of the carrier, which is often hard to do. Secondarily, there are statutes which exist to cap the extent of liability, thereby protecting carriers in case of serious damage occurrence. Generally, an ocean carrier is only responsible for up to USD 500 per container. International air carriers generally have a minimal limit (e.g. USD 0.50 per pound). Trucking company carrier liability is also at very low rates per pound, sometimes as low as USD 5 per pound, but often up to USD 25 per pound, as specified in the bill of lading and their tariff rules

Conclusion: The rapid increase in the prices of goods that cause consumers to either abandon the product or face financial burden is a cause of multiple factors but one of the primary causal factors is the requirement to compensate for lost cargo. This is a problem that is plaguing every industry in the logistics sector and requires immediate attention.

Key Factors Considered in the Report:

Logistics and Shipping Market Research Reports

Logistics and Shipping Industry Analysis

Market Research Reports for Logistics

Logistic Market Research Report

Logistics and Transportation Market Research Reports Consulting

Logistics Business Review

Logistics and Shipping Industry Research and Market Reports

To know more, click on the link below:

https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/SC-100-45.html

Contact Us:

Ken Research 

Ankur Gupta, Head Marketing & Communications

sales@kenresearch.com

+91-9015378249