The future of e-commerce logistics in Asian markets will be dominated by two words: ‘optimization’ and ‘integration,’ with digital technologies driving innovation across the entire value chain.Dr. Wolfgang Baier, CEO of Luxasia, 2015 DKSH Future of Market Expansion Services: connecting Asia and the world report.
As business demands multiply across Asia, data-enabled smart logistics, warehousing and distribution improve the ease of ordering and stock management. Supply chains become more automated and efficient, improving warehouse utilization and product availability. As a result, B2C and B2B customers located across Asian geographies enjoy the fast fulfillment speeds they have come to expect.
In alignment with other route-to-market processes, digitization has revolutionized warehousing, logistics and distribution – largely because voluminous data can be captured across the supply chain, rigorously scrutinized and easily disseminated to improve overall efficiency.
Flexible and resilient supply chains are the backbone of today’s consumer economy in Asia. Alibaba founder Jack Ma said at the 2016 Global Smart Logistics Summit that logistical advances, not e-commerce, had been “China’s real great miracle of the last decade.” His point being that although e-commerce has grown exponentially, earning billions of dollars in profits for Alibaba and other Chinese companies, it would not have been possible without the accompanying transformation of smart logistics capabilities across China.
He added that the future of logistics requires “more emphasis on the power of technology and data, the power of integration, and the power of sharing.”