The role of warehousing and logistics for resilient global trading
When the COVID-19 pandemic hit the world, it was certainly a lesson in adaptability, forcing businesses to transport incredible volumes of critical supplies, with freight forwarding companies having to work at an unprecedented speed.
As well as the vital need for medical equipment and pharmaceuticals there was also increased demand for food and groceries as the general public began panic buying essential home goods. There was also a clear spike in ecommerce, with businesses depending on fast, efficient ecommerce fulfilment to keep up with the increasing demand.
It has clearly indicated just how crucial warehousing and logistics are in contributing to today’s economy. Being that logistics and warehousing activities are all about meeting customer demand, transporting quality products in the right conditions to the right place at the right time, it is clear that freight transport services play a major part in the success of businesses within the global market.
Transporting goods around the world has its complexities, involving multiple stops off and intricate processes and paperwork. The COVID-19 pandemic has shown us the importance of streamlining and updating logistics and warehousing activities as well as putting in place transport solutions that assist the recovery of the economy in unprecedented times.
With the UK exit from the EU on the horizon and the continual interruption of COVID-19, it is vital that varying parties need to work together in order to improve freight forwarding services between countries and prepare for unseen circumstances. Here are some of the ways in which warehousing and logistics contribute to resilient global trading.
Demand
If logistics and warehousing operations are running efficiently then it allows for an increase in demand through uninterrupted freight distribution networks. If the connectivity of the supply chain logistics services experiences minimal delays then freight forwarding companies can move products between countries quickly and frequently, stimulating growth.
Reduces Costs
When supply chain logistics services run without interference it has a knock-on effect to cost, after all, time is money. The delivery of some products can be time-sensitive and delay to their movement can have huge cost implications. A faster and leaner supply chain logistics solution can significantly cut costs.
Economic Growth
Growth in the economy of any country plays a major role in development. When demand and logistics infrastructure is well established it creates a space for economic growth and the opportunity to maintain superior performance in international markets. This occurs through effective supply chain management and freight forwarding companies responding accordingly to customer expectations.
This highlights the role of warehousing and logistics companies in a successful trading sector, but also the pivotal role they play in the global trade sector. In order to grow business through global trade, it is vital to work with the right supply chain logistics services.
As a leading freight forwarding company, we are committed to delivering dynamic supply chain logistics solutions and innovation within a global market, focusing on outstanding quality, customer care excellence and cutting edge technology. The warehousing and logistics companies within our freight forwarding division are renowned within the industry for delivering high-quality road transport solutions, international air courier services and sea freight logistics in Europe and beyond. Find out more about Xpediator’s warehousing activities and freight forwarding management services here.
