Cross-Border logistics goal is to provide an efficient global supply. So, it seeks to optimize the supply chain while aiming the search for sustainable solutions that allow the effective transport of goods.
Technavio has announced its latest market research Market by Service and Geography – Forecast and Analysis 2021-2025. The 2022 report reveals the importance of global cross-border e-commerce logistics market, which is expected to increase by USD 44.61 billions between 2020 and 2025 expanding at a Compound Annual Growth Rate (CAGR) of 11% during the forecasted period. This report identifies Asia-Pacific Countries (APAC) as the largest market; the increase in product suppliers in these countries is creating huge opportunity for Cross-Border e-commerce Logistics.
What is Cross-Border logistics?
This is the type of logistics focuses on exchanging of goods globally or cross –border, enabling to facilitate international trades for all types of businesses, regardless of their size or resources. To make this possible, it is essential to have a company specialized in logistics, that has the necessary knowledge and resources to transport your merchandise safely and without errors.
Main trends
The characteristics of this type of logistics determine its evolution over time. Therefore, it is important to know what their most important trends are today.
Exponent expansion of digitalization
Although electronic commerce has been running for a few years, people were more resilient to change their buying habit. Coronavirus pandemic turned down this cultural barrier, as there were no other options, making cross -border ecommerce the main protagonist of the new means of commerce.
Supply chain with integrated data
Current digital platforms lean on specialized and customized products to meet Clients’ needs. Therefore, it is essential to have sophisticate software, which integrates all supply chain data, to be able to consolidate and track end to end operations on real time. According to a report by Alloy Technologies Inc., 92 percent of executives agree supply chain visibility is important to success, only 27 percent have figured out a way to achieve it. This means, we may see a shift from discrete software to manage specific use cases (TMS and warehouse software) to platformization and integration of data across the whole supply chain, which will increasingly make operations smoother and companies more competitive.
Verify suppliers
Logistics partners and suppliers are becoming more and more strategic for real profitable ecommerce success, as it is required to align transport companies with the appropriate infrastructure resources to satisfy customers
Supply chain regionalization
Nowadays, Companies must be agile and capable of adapting to unpredictable global conditions to satisfy their customers. To achieve this, it is recommendable to have regional supply chains hubs, which can adapt themselves more easily to changing conditions. The market is forcing online businesses to evolve in their strategies to move forward. Businesses have already started implementing new strategies over their supply chains and we can expect these shifts to continue in the coming years.
Solve the lack of drivers
Not having enough staff to drive vehicles is one of the problems facing transport companies. Deliveries delay is the result of many factors. According to the American Trucking Associations (ATA), in order to keep up with the current economic demand, more than a million truck drivers will have to join the industry. To avoid delays when delivering loads, it is important to have technological and automation solutions that allow to solve this situation effectively.
Improve Company financial position
Companies require investing economic resources to finance all the necessary changes to improve their activity. Getting adequate and stable financial position is the first step for businesses to coupe with instability of economic flows and be able to respond to demand peaks without problems. Logistics partners offer alternatives to help finance their customers’ operations improving their cash flow, which will benefit all parties in terms of incrementing capacity and in keeping the supply chain moving.
Sustainable practices
Developing ecofriendly supply chains is a long -term necessity for society. Ensuring that it is respectful towards the environment is fundamental.
In fact, the market is evolving and demanding more and more often specific solutions such as advanced energy systems that may include eco-friendly warehouses with advanced energy management systems, climate-smart supply chain planning, etc. or automated driving systems, which avoid unnecessary energy spending.
K-PARCEL AND CROSS-BORDER LOGISTICS
K-PARCEL is specialized in the development of logistics solutions for companies dedicated to ecommerce. One of its added value to Customers is that K-Parcel establishes transport routes from China to all Southeast Asia and other countries around the world.
The Company resources and its operational network allow it to offer a quality and efficient service to customers. Consequently, K-PARCEL can meet online trade stores needs internationally without having to worry about borders.
K-Parcel provide cost-competitive and fully compliant end-to-end e-commerce logistics solutions outbound from China to worldwide destinations, and inbound from worldwide to China and South East Asia.
Cross-Border logistics represents a great contribution to electronic commerce stores that want to expand their activity to other countries around the world.
K-Parcel can become your strategic partner to deliver your orders without errors and as quickly as possible, with all its knowhow and infrastructure, avoiding to lose focus off your Company core operation and minimizing the cost associate.
