| From the Editor's Desk
The New Leadership Playbook for the Digital Age Executives around the world are out of touch with what it will take to win, and to lead, in the digital economy. Digitalization, upstart competitors, the need for breakneck speed and agility, and an increasingly diverse and demanding workforce require more from leaders than what most can offer.
Although a significant segment of the current generation of leaders might be out of touch, they still have control - over strategic decisions, who gets hired and promoted, and the culture of their organizations - but not for long. The need for change is urgent, and time is running out for leaders who are holding on to old ways of working and leading.
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Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails. | | MarketingMarketing 9 More Marketing StoriesPoliticsPolitics 7 More Politics StoriesSportsSports 8 More Sports StoriesEntertainmentEntertainment 9 More Entertainment StoriesWorkWorkLifeLife 8 More Life StoriesRetailRetailTelecomTelecom 13 More Telecom StoriesFinanceFinanceFood/FMCGFood/FMCGWorld's largest craft brewer BrewDog plans to enter India with 35 pubsInitially, it will launch 22 tap beers and three commercial ones, including its flagship brand Punk IPA and a wheat beer brewed specifically for the country. However, these will be imported for the first few months and hence will carry a 10% higher price tag than rival imported brands such as Hoegaarden. 5 More Food/FMCG StoriesSoftwareSoftwareEcommerceEcommerce 5 More Ecommerce StoriesDigitalDigitalFranchiseFranchise 2 More Franchise StoriesHRHRLogisticsLogisticsEight Noteworthy Trends for Logistics in 2020 in the Asia PacificJan Harnisch, COO Global Products Air & Ocean, Rhenus Asia-Pacific SINGAPORE - Media OutReach - 11 February 2020 - Jan Harnisch, COO Global Products Air & Ocean, at Rhenus Logistics, shares his eight noteworthy trends for the logistics industry in 2020, in the Asia Pacific region: Booming M&A Trend: The aggressive trend of M&A within the logistics industry will continue its momentum, in response to developing economies of scale, improving digitalization through technological improvements and geographical and vertical diversification. Consolidation will be driven to be able to offer end-to-end and integrated solutions. The availability of private equity (PE) and funds has enabled players to raise cheaper capital for M&A activity. Collaboration: In 2020, more collaboration will be expected between the shippers and Third-Party logistics companies. The focus will be on creating long-term partnership models, enabling a win--win situation in terms of cost and service. The trend of 2PL and 3PL players collaborating amongst themselves will create an ecosystem for cost-effective and efficient solutions. Ecommerce: Ecommerce will remain a strong driving force in 2020, especially in Southeast Asia. As players such as Amazon, Lazada and Shopee push their expansion in the region, Rhenus can see a shift from air freight to ocean freight on short sea distances. In order to be able to replace existing air freight consolidation for ecommerce, a strong focus on lead times will become more and more important. On top of that, strong systems and operational excellence is needed to ensure the fastest handling possible. Major ecommerce players will also rely even more on direct airline co-operations. Infrastructure: Rhenus expects huge investments in infrastructure by the government and private enterprises, especially in India and Indonesia. This will lead to ease of movement and substantial improvement in the quality of infrastructure. Innovation and IOT: Innovative solutions will be introduced to reduce inefficient processes; the big focus being sustainability. The use of IOT in the industry, such as sensors, will become more prevalent in logistics, enabling a much higher degree of transparency, from inventory tracking to RFID tags which measure location, temperature or humidity. This increased visibility will decrease reaction times and highly improve decision making. Sustainability: 2020 will be a "green" year for logistics. As different industries take the lead on becoming ever more sustainable in recent years, it has directly impacted logistics, which must adapt to their customer trends. The industry will see a need for greater accountability in their environmental impact and measures. The ocean freight industry will especially feel this impact, as from January 1st, Sulphur in fuel oil used on board ships will be reduced from 3.5 per cent to 0.5 per cent, reducing the overall Sulphur pollution from shipping by 80 per cent. In the area of warehousing management, companies will need to look at developing innovations to raise operations efficiency, labour management and waste management. Supply Chain: Leaner and agile supply chains with end-to-end visibility will be implemented through the latest technology. Price-driven freight will move to digital platforms while service-driven or integrated services-driven business will move to logistics players. There will be increased differentiation between solution-oriented service providers versus capital / infrastructure-intensive service providers. Ripple Effect of China-US Trade War: In 2019, the adverse effects of the trade war between China and US was felt not only in the economic growth of these two giants but globally as well, and the ripple effects will continue well into 2020. China continues to be the second biggest region in the world for Foreign Direct Investment, in particular the high-tech industry, such as semiconductors, pharmaceuticals. Even as China moves away from its image as the "world's manufacturer", the country's homegrown products will be seen competing with the best in the global market. Shanghai, with almost 70 per cent of the import business of entire China, will continue to be an investment haven. As will Hong Kong, which continues to hold strategic business importance for companies investing in the Greater China market, despite the ongoing disturbances. Similar to 2019, Taiwan, Thailand and Vietnam will be the beneficiary of the trade war, with even more investment from Mainland China companies in ever-growing industries such as automotive, telecom, and computing.About RhenusThe Rhenus Group is a leading logistics service provider with global business operations and an annual turnover of EUR 5.1 billion. Rhenus has business sites at 660 locations worldwide and employs 31,000 people. The Rhenus Group provides solutions for a wide variety of different sectors along the complete supply chain; they include multimodal transport operations, warehousing, customs clearance as well as innovative value-added services. 10 More Logistics StoriesConstructionConstruction TradeBriefs Publications are read by over 10,00,000 Industry Executives |
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