5 practical issues of the logistics industry in 2023

5 practical issues of the logistics industry in 2023

Date 03-02-2023 Views 320

5 issues from the practical perspective of the global and Vietnamese logistics industry in 2023.

First, Global Logitics Digitization

With reduced transportation demand and excess logistics capacity, Logistics Service Providers (3PL-4PLs) and carriers will be under enormous pressure to find ways to be more competitive, reduce costs, and improve customer service. row.
By 2023, digitization will be the most important strategy for LSPs and carriers to address all of these factors simultaneously. As we have seen, in 2022 the Logistics industry has started to get the "first raindrops" and also know for sure that it will welcome the showers in 2023. Digitization here is not just automation, but digital to increase customer experience and reach time in seconds instead of days as it is today.

Second, Global Supply Chain Rebalancing

Political tension, post-Covid-19 impact, VUCA era instead of using the cost optimization strategy as before, will focus on resilience and adaptation. The controversial "friend-shoring" concept that was once controversial in 2022 may become inevitable by 2023, adopted by global supply chain executives.

Third, LMaaS – Last Mile as a Service

As e-commerce continues to boom (as opposed to B2B merchandise activity), customers want faster, more accurate delivery at increasingly lower prices. Large-scale companies like Amazon, Alibaba, Ebay, Bestbuy, Walmart... can meet the needs of customers, but small companies can't easily meet them. But they must keep up if they want to survive.

Fourth, Home/ Last Mile Delivery Performance – Home/Last Mile Delivery Performance

An activity that in previous years was always difficult for businesses in the industry and in academic research papers, it was almost impossible to exploit this field. The pandemic has brought a setback in delivery performance in the B2C and B2B markets due to increased volumes but a shortage of delivery staff.

Fifth, Applying digital technology in the field of Logistics and supply chain management

Instead of just mentioning activities such as: Technology Acceptance Theory, Crown shipping, Machine Learning…theories in this field are lacking and fragmentary, despite the frequency of posts and research on this field in 5 in recent years has increased significantly.

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