Future of Logistics

00:04:11
https://www.youtube.com/watch?v=wto68yhR0Bo

Summary

TLDRThe video explores the unbundling of the supply chain and the shift towards non-asset-based logistics models, where providers may not own delivery vehicles. It emphasizes the significance of big data in predicting consumer demand and enhancing service efficiency. The growth of e-commerce is highlighted, with projections indicating a rise from 4% of global retail sales in 2009 to over 20% by 2025. Key factors driving this growth include improved connectivity, affordable technology, and innovative marketplace models. The video also discusses the need for intelligent transport solutions and identifies Japan, Europe, and North America as leaders in logistics innovation.

Takeaways

  • πŸ“¦ The supply chain is becoming unbundled.
  • 🚚 Future logistics providers may not own vehicles.
  • πŸ“Š Big data is crucial for predicting demand.
  • πŸ“ˆ E-commerce is expected to grow significantly by 2025.
  • 🌍 Japan, Europe, and North America lead in logistics development.
  • πŸ“± Affordable mobile devices drive e-commerce growth.
  • πŸ›’ Consumer behavior will shape logistics strategies.
  • πŸš€ Intelligent transport solutions are needed for efficiency.
  • πŸ’‘ New marketplace models are emerging.
  • πŸ”— Connectivity enhances logistics responsiveness.

Timeline

  • 00:00:00 - 00:04:11

    The supply chain is undergoing significant changes, moving towards non-asset-based models where logistics providers may not own their own vehicles. Companies like Uber for cargo exemplify this trend by offering information on available transportation capacity. Big data is becoming crucial in logistics, enabling services that ensure products are stored close to consumers for rapid delivery. Anticipating shipping is a key focus, utilizing online behavior data to predict demand. Connectivity and faster payment systems are enhancing the industry's responsiveness, allowing for more efficient goods transport and reducing empty truck capacities. E-commerce is projected to grow significantly, with online sales expected to rise from 4% in 2009 to over 20% by 2025, influencing over 40% of total purchases. Key drivers of this growth include high-speed internet, affordable mobile devices, new marketplace models, and logistics costs. The logistics sector is evolving with advancements in autonomous driving and intelligent transport solutions, addressing the need for smarter systems. Japan, Europe, and North America are leading in these developments, with other regions expected to follow later.

Mind Map

Video Q&A

  • What is the future of logistics providers?

    Future logistics providers may not own trucks or delivery vans, focusing instead on providing information about available capacity.

  • How is big data impacting logistics?

    Big data is seen as the new oil, enabling logistics companies to anticipate demand and improve service delivery.

  • What is the expected growth of e-commerce?

    E-commerce sales are projected to grow from 4% in 2009 to over 20% by 2025, influencing over 40% of total purchases.

  • What are the key drivers behind e-commerce growth?

    Key drivers include high-speed connectivity, cheap mobile devices, new marketplace models, and logistics costs.

  • Which regions are leading in logistics development?

    Japan, Europe, and North America are currently leading in logistics development.

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  • 00:00:03
    the supply chain is definitely getting
  • 00:00:06
    unbundled we're seeing a transition
  • 00:00:09
    towards asset like non asset based
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    models what we are predicting is that
  • 00:00:16
    your future logistics provider may not
  • 00:00:18
    necessarily own a truck or a delivery
  • 00:00:21
    van and we already seen examples of
  • 00:00:23
    companies like uber for cargo who are
  • 00:00:26
    basically providing information on
  • 00:00:28
    available capacity in white man
  • 00:00:32
    providers truck providers and delivery
  • 00:00:34
    vans big data will definitely be the
  • 00:00:36
    enabler here and I think a lot of
  • 00:00:39
    logistics companies are referring to big
  • 00:00:41
    data as being the new oil and they're
  • 00:00:43
    absolutely right it's going to feel a
  • 00:00:46
    lot of services and a lot of products
  • 00:00:48
    within the logistics industry so they
  • 00:00:51
    have to ensure that that product is
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    available in a warehouse really close to
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    your home so the minute you click on the
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    on the product order you get it within
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    minutes so what you're trying to do is
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    develop this whole idea of anticipating
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    shipping where they will track your
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    behavior online things like how long
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    your cursor is stayed on a particular
  • 00:01:09
    product or what you've been browsing and
  • 00:01:12
    they're going to use all of that
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    information to predict demand
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    connectivity and faster payment will
  • 00:01:19
    make the industry react much quicker
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    because you have new technologies
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    available you can do more Goods
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    transport you can fill up your cargo
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    much quicker you can fit up completely
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    you don't have less than truck load
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    capacities so which means you don't have
  • 00:01:33
    any empty trucks going forward online
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    e-commerce sales as a total proportion
  • 00:01:39
    of global retail sales will grow from 4%
  • 00:01:42
    in 2009 to over 20% by 2025 but the
  • 00:01:47
    influence on total purchase will
  • 00:01:50
    actually be more than 40% as every
  • 00:01:52
    customer journey in the future will
  • 00:01:54
    start on
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    key drivers behind growth in e-commerce
  • 00:01:59
    is high-speed connectivity access to
  • 00:02:02
    cheap mobile devices emergence of new
  • 00:02:05
    marketplace models like eBay and Amazon
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    and fourth and most importantly is the
  • 00:02:11
    cost of logistics especially asipi
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    logistics exciting I think I think if
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    you look at the if you look at the the
  • 00:02:19
    the value stack of autonomous driving
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    someone has to operate the logistics I
  • 00:02:26
    mean all sounds very high-tech and and
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    sexy and cool but actually moving large
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    bits of metal and plastic around the
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    city is actually leave physically and
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    software edges it's hard business you
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    have to be in the logistic urban
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    logistics business I call it there's a
  • 00:02:44
    lot of topics that a lot of people are
  • 00:02:46
    talking about now that five years ago no
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    one was talking about I mean I mean no
  • 00:02:50
    one so I think it's becoming front of
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    mind and it's definitely on the agenda
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    intelligent transport solutions because
  • 00:02:59
    to be honest with you the transport
  • 00:03:00
    system hasn't been that intelligent and
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    that's why there's a lot of pressure on
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    it
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    from outside in to make it intelligent
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    and it's like one of the one of the last
  • 00:03:09
    industries really to be disrupted by
  • 00:03:11
    digitalization and connectivity so if we
  • 00:03:15
    look on a global level who is leading
  • 00:03:17
    the race to global or twenty media three
  • 00:03:19
    countries or regions that we have to
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    have to mention one is Japan the other
  • 00:03:23
    one is Europe and North America so you
  • 00:03:24
    have those three markets at the
  • 00:03:26
    forefront of development others will
  • 00:03:28
    follow them at a later stage with
  • 00:03:30
    significant lag but those three are the
  • 00:03:32
    most important ones that we see
  • 00:03:34
    happening likely as early as 2019
  • 00:03:46
    [Music]
Tags
  • logistics
  • e-commerce
  • big data
  • supply chain
  • transportation
  • technology
  • intelligent transport
  • marketplace models
  • consumer behavior
  • global development