Logistics executive ceo executive series - march 2014

305 views

Published on

Asia Rising” is one of the most significant developments
that will impact the supply chain, logistics and transport
sectors during 2014. Throughout Asia, we will witness
an exciting cocktail of new business opportunities, driving
massive increases in trade flows, impacting logistics
networks and redefining supply chain ecosystems.  writes
Mark Millar, Commercial Director of the Logistics Executive
Group

Published in: Business
  • Be the first to comment

  • Be the first to like this

Logistics executive ceo executive series - march 2014

  1. 1. Upcoming Event POST EXPO 2014 - HONG KONG Logistics Executive Group is pleased to partner with POST EXPO ASIA.! POST-EXPO is the world's leading exhibition and conference for the postal, parcel and courier industries. In Hong Kong, China on 20-21 May, POST-EXPO Asia Pacific will deliver a high-level two- day conference and exhibition focused on business development and innovation in the region. ! www.postexpoasiapacific.com ! Logistics Executive Global News Logistics Executive India appoints Sumita Gupta and boosts its management team With the successful opening of new offices in Delhi and Chennai, Logistics Executive India continues to expand its operation and “whole-of-life” talent management services. As such we are pleased to announce the appointment of Sumita Gupta as Principal Consultant, based in Delhi. Sumita will manage our growing business in the Ports and Terminal, Manufacturing and Automotive sectors. ! !The appointment of Sumita is complimented with the elevations of Sheila Naravane to Executive Vice President India responsible for India wide Customer Development and Operations and Madhuri Mathur to General Manager – North, responsible for the Northern India region. To understand more on our range of dedicated services in India, contact L.R. Sridhar, MD India on L.R.Sridhar@LogisticsExecutive.com.! NEWS & EVENTS ASIA RISING IN 2014! THE YEAR OF THE HORSE! Asia Rising” is one of the most significant developments that will impact the supply chain, logistics and transport sectors during 2014. Throughout Asia, we will witness an exciting cocktail of new business opportunities, dri- ving massive increases in trade flows, impacting logistics networks and redefining supply chain ecosystems.  writes Mark Millar, Commercial Director of the Logistics Ex- ecutive Group “Asia Rising” is one of the most significant developments that will impact the supply chain, logistics and transport sectors during 2014 – the year for the Horse (马) known to be strong and energetic!! Throughout Asia, we will witness an exciting cocktail of new business opportunities, driving massive increases in trade flows, impacting logistics networks and redefining supply chain ecosystems. ! Not least of many stimulus triggers is the ‘Bali Package’ – the global trade agreement agreed by 159 member nations during the final hours of historic WTO talks in December, which in itself is estimated over time to boost the world economy by up to a trillion US dollars and create more than 20 million jobs, mostly in developing countries - many of them in Asia.! ! CEO EXECUTIVE SERIES! 24 MARCH 2014 © 2014 LRS Group Pty. Ltd. All rights reserved! PAGE 1
  2. 2. AEC – this year sees final preparations for the ASEAN Economic Community (AEC), which will be the regional economic integration of the ten ASEAN nations - Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam - into a single economic community from 2015, harmonising tariff-free flows of goods, services, people and funds across ten jurisdictions comprising over 600 million people. ! TPP - the Trans Pacific Partnership will provide Asian economies - Australia, Brunei, Japan, Malaysia, New Zealand, Singapore and Vietnam – with preferential-tariff multi-lateral access to the huge markets in Canada, Chile, Mexico, Peru and USA.! RCEP – the Regional Comprehensive Economic Partnership joins the ten ASEAN nations together with trading partners Australia, China, India, Japan, Korea and New Zealand, forming a trading block containing almost half the world’s population, with USD 21 trillion GDP and a 27% share of global trade.! World Trade Organisation (WTO) finally delivers a World Trade Agreement! ! The multilateral trade agreement reached last December in Bali resurrected and rescued the Doha Round of global trade talks that had commenced back in 2001. ! The WTO “Bali Package” - signed by 160 member states – reduces trade barriers to the extent that economists expect the costs of global trade to reduce by 10 to 15 percent, generating extra output estimated between USD 400 billion to one trillion dollars worldwide.! On the basis of their forecast that ‘emerging Asia’ will be the fastest growing region of the world economy over the next  two decades, and with Asian economies accounting for 33 percent of world trade, IHS consider the Asia region to be a key beneficiary of the new trade liberalization measures.! “The trade liberalization measures in the Bali Package will have a particularly significant impact in boosting intra-Asian trade as well as trade between Asia and other regions. Asia’s least developed countries will also benefit from the development deal struck in Bali” said Rajiv Biswas, Asia-Pacific Chief Economist at IHS.! The multilateral agreement reached in the first week of December resuscitated the Doha Round of global trade talks that began in 2001. Although it will take some time before the reforms are acted upon by the 160 member states that signed the deal, by cutting red tape they are eventually expected to cut the costs of global trade by 10 to 15 percent, generating an estimated $400 billion to $1 trillion of extra output.! Analysis by the Organization for Economic Cooperation and Development (OECD) found that the Bali package trade facilitation measures would reduce total trade costs by 10 percent in advanced economies, but in developing countries - including many export driven economies across Asia - but costs would reduce by 13 to 15.5 percent.! TRAINING AND STAFF PERFORMANCE Logistics Executive in conjunction with partners is committed to providing the most relevant and cutting-edge Supply Chain, Logistics & Executive development to your employees upgrading their future skills and helping to retrain. Our short and long-term courses include industry specific seminars, tier one accredited courses, and on-site customised training developed for Supply Chain and Logistics employ- ers. Logistics Executive Training Academy provides Quality Training and Development for companies and or- ganisations that meet their individual needs. We provide training and assessment services that are relevant, flexible and of the highest quality. More Information on Logistics Executive Academy Training and Development Programs iiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii- iiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii- ! CEO EXECUTIVE SERIES! 24 MARCH 2014 © 2014 LRS Group Pty. Ltd. All rights reserved! PAGE 2
  3. 3. According to the OECD, for low-income countries – many of them in Asia - harmonizing and simplifying documents would reduce trade costs by 3 percent and streamlining procedures would bring further cost reductions of 2.2 percent for lower middle-income countries.! Automated processing and online public availability of trade-related information will provide further efficiencies.! Asia Rising on all fronts! The resulting opening up of markets in 2014 will coincide with a massive influx of new and increasingly affluent middle-class consumers throughout Asia, empowered by increasing economic prosperity across the whole spectrum.! In the emerging and developing economies in Asia, this new consumer demand is converging with the well-established and very efficient local production bases of substantial proportions of the world’s consumer goods - an eclectic combination that can only spur exponential growth.! The OECD estimate that by 2030, the world’s middle class population will increase to 4.9 billion people, some 3.1 billion more than in 2010. Asia will deliver 85 per cent of this growth – around 2.6 billion new middle class consumers, whose spending will account for almost two- thirds of middle class spending globally. ! China is experiencing dramatic shifts in its economy. Multinational companies initially came to China to capitalise on the abundant supply of low-cost labour and various government incentives enticing them to establish operations in Special Economic Zones. ! They are now just as interested, if not even more so, in the opportunity to sell products to the huge and rapidly expanding Chinese consumer market – “they came for the workers, but stay for the shoppers”.! At the same time, urbanisation is accelerating. ! Across Asia, during the next decade some 500 million people will have access to electricity in ! CEO EXECUTIVE SERIES! 24 MARCH 2014 © 2014 LRS Group Pty. Ltd. All rights reserved! PAGE 3
  4. 4. their homes for the first time, driving exponential demand for a whole range of consumer household products. ! By 2025, China alone is forecast to create more than 200 new cities with a population greater than 1 million people.! Asia comprises a diverse range of economies across the continuum of emerging, developing and developed markets, with widely varying levels of sophistication and maturity in their supply chain and logistics landscapes. ! In addition to geographic, economic, and political complications, there are significant challenges resulting from developing regulatory environments, inadequate infrastructure, and talent shortages. ! However, with informed insights from experienced business partners providing deeper understanding about the diverse markets within Asia, companies can leverage external expertise to help them navigate the complexities in order to benefit from both production and consumption opportunities across the region.! Businesses should therefore embrace the complexity, and actively engage the knowledge and networks to provide the insights required to overcome the challenges, and capitalise on the exciting smorgasbord of new business opportunities.! Logistics Executive www.logisticsexecutive.com !Australia Sydney Phone: +61 2 8262 9800 !Melbourne Phone: +61 3 9863 9488   Asia Shanghai Phone: +86 21 6427 6697   Singapore Phone: +65 6692 9202 !Hong Kong Phone +852 3125 7654 !India  Phone +91 22 4090 7053 !Middle East United Arab Emirates - Dubai Phone: +971 4 361 6275 !New Zealand Wellington Phone: +64 4 496 6730 For a copy of the 2014 Logistics Executive Global Employment Report email: ! darrylj@logisticsexecutive.com or ! kimw@logisticsexecutive.com AUTHOR PROFILE: MR MARK MILLAR, COMMERCIAL DIRECTOR ASIA! LOGISTICS EXECUTIVE GROUP! Hong Kong, is a Visiting Lecturer at Hong Kong Polytechnic University and a Director of Logistics Executive. He leverages 25 years global business experience to deliver value for clients with informed and independent perspectives on their strategies in Asia. His ‘Asia Supply Chain Insights’ series of corporate briefings, consultations and seminars, help companies navigate the complex landscapes in China and ASEAN, improve the efficiency of their supply chain ecosystems and make better informed business decisions. Acknowledged as an engaging and energetic presenter, clients have engaged Mark as Speaker, Moderator, MC or Conference Chairman at over 300 events in more than 20 countries. The Global Institute of Logistics recognise him as “One of the most Progressive People in World Logistics”, and London business publishers Kogan Page have recently commissioned him to write the book “Global Supply Chain Ecosystems” - due for publication in 2015. Email: Markm@logisticsexecutive.com ! CEO EXECUTIVE SERIES! 24 MARCH 2014 © 2014 LRS Group Pty. Ltd. All rights reserved! PAGE 4

×