Will the logistics situation improve in 2022?

What happened to the logistics situation in the past?

As if it stopped suddenly, the global logistics situation. The 2020 epidemic has added to the already sluggish global economy. After a year of unprecedented disruption, will the logistics situation improve in 2021?

 

2021 is also ready to end, with the last month left. It seems that at the end of the year, the stagnant supply chain began to slowly return to normal operation. However, logistics demand still presents an unforeseen peak.

 

Are there any signs that the logistics situation will improve in 2022?

 

The great chaos of 2020-2021 is of global scope. In this year of pandemic, business costs in various countries have risen because of the shortage of global supply chains.

 

According to the Logistics Status Report of the Supply Chain Management Professional Committee (CSCMP), the changes that the logistics field is undergoing are unprecedented. According to the report, almost all logistics companies will not survive in the logistics market in 2020.

What is the opportunity to improve logistics?

The sudden interruption of the supply chain exposed the shortcomings of the original supply chain. This also allows logistics professionals to understand that it is time to change the usual ways and methods.

 

On the one hand, some large companies are planning to move manufacturing to countries with lower labor prices to get closer to the target market and away from other countries.

 

On the other hand, large companies are seeking tax-havens. For example, countries such as Vietnam and Hong Kong. The complex logistics network has stimulated the creativity of suppliers to meet more transportation needs.

 

In short, the sudden chaos in 2020 broke the comfort of logistics professionals and interrupted their plans. We can expect them to make better choices. Logistics will usher in another crazy journey in 2021.