Global Agenda Council on Logistics & Supply Chain Systems 2012-2014
After years of booming trade growth, the global logistics sector was badly hit by the economic downturn, even as supply-chain risk gained prominence in the wake of several very visible disruptions. Recovery in the sector has been slow, but on the brighter side, environmental efficiency has significantly improved, assisted by the slow-steaming of deep-sea container ships to conserve fuel; e-commerce distribution services also have grown fast. The sector’s core challenge today remains the efficient linking of producers and consumers around the world.
What the Council is doing about it
While broadly exploring the opportunities and risks in its sector, during 2012-2013 the Global Agenda Council on Logistics & Supply Chain Systems has been recommending action points to the chief executives in the World Economic Forum’s Supply Chain & Transportation community. The Council has also contributed to the “Enabling Trade: Valuing Growth Opportunities” project, helping to analyse the cost of logistical barriers to trade and recommending solutions. Lowering those barriers could unlock more value than could tariff reduction alone. Towards that end, the Council is supporting work that eases constraints on agricultural supply chains in Africa and East Asia; such barriers are responsible for a significant fraction of global food waste.
Although the industry has taken steps to encourage demand-driven sustainability through improved reporting and operational efficiency, the Council recommends paying greater attention to the adaptation of logistics systems to climate change. To limit the latter’s impact, the Council argues that environmental sustainability needs to return to the global agenda, having taken a back seat during the economic slowdown.
Another emerging issue with which the sector and the Council are grappling is the challenge of harnessing enormous, global supply-chain datasets to provide new value.
“Recovery in the sector has been slow, but on the brighter side, environmental efficiency has significantly improved, assisted by the slow-steaming of deep-sea container ships to conserve fuel; e-commerce distribution services also have grown fast.”
In a highly competitive and fragmented business environment, the adoption of commonly accepted metrics, exchanges and standards will help supply chains to better connect buyers and sellers around the world. The Council will support progress on these topics in 2013-2014 through expert discussion, publications and advice to industry.
To get involved please contact
Research Analyst: Tiffany Misrahi, Knowledge Manager, Global Agenda Councils, firstname.lastname@example.org
Council Manager: Sean Doherty, Director, Head of Logistics and Transport Industries, email@example.com
Forum Lead: John Moavenzadeh, Senior Director, Head of the Mobility Industries, firstname.lastname@example.org
Document archive for all the issues you are interested in