SUPPLY CHAIN AND LOGISTICS TRENDS THAT COULD BE BIG

The global supply chain and logistics industry is expected to reach $12.4 trillion by 2028. The increasing demand for goods, services and information, coupled with technology advancements and environmental concerns such as climate change, are some of the major drivers driving this growth. In addition, the implementation of emerging technologies such as IoT coupled with a growing millennial workforce are also set to shape future trends in this industry.
 
The world is changing. The labor force is evolving, and the way we move goods and services is transforming rapidly. Globalization, regulatory changes, technology advancements, shifting consumer expectations and more are influencing how supply chains will operate tomorrow.
 
 
 
 
A new report from leading global business services company, KPMG International and the World Economic Forum (WEF) reveals that South East Asian governments are failing to keep up with the growing supply chain and logistics industry. The survey of over 120 business leaders in the region reveals that the majority of respondents believe that the industry has been growing faster than the ability of governments to react effectively. The findings are contained in a new report, ‘Supply Chain and Logistics Trends that could be Big in Southeast Asia
 
The South East Asia region is a diverse mix of countries with different economic strengths, cultural mores and political systems. The region is also home to some of the most dynamic cities in the world such as: Kuala Lumpur, Jakarta, Singapore and Bangkok. In the next few years, supply chain and logistics trends will be driven by the growth of e-commerce within the region.

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