TAKEAWAYS
and expect supply chains to continue moving out of China, according to the newly released Agility Emerging Markets Logistics Index . The Index ranks countries for overall competitiveness based on their logistics strengths, business climates, and digital readiness—factors that make them attractive to third-party logistics providers, freight forwarders, air and ocean carriers, distributors, and investors. Here are some key findings from the 2024 Index : • India, Europe, and North America rank ahead of China as destinations executives expect to move production to in 2024 and onwards. • A large percentage of executives see increased risk/ decreased rewards in emerging markets. • Many see India growing in importance as a producer and market, but cite inadequate infrastructure and corruption as the biggest obstacles there. • Many predict a surge in Africa investment. • 66% say climate change is something they’re planning for, or is already affecting their businesses.
SUPPLY CHAINS SEARCH FOR NEW SOURCES All eyes are on emerging markets as logistics and supply chain professionals look for the next opportunity to combat an uncertain global economic climate. These executives also remain wary of recession, express concerns over elevated costs,
asi_halfpgIL_0324_final_• 2/19/24 9:44 AM Page 1
GLOBAL LOGISTICS SOLUTIONS
International Transportation Services ▪ PORT-TO-DOOR INTERNATIONAL SHIPMENTS ▪ CUSTOMS BROKERAGE ▪ FREIGHT FORWARDER, NVOCC ▪ AIR FREIGHT SERVICES ▪ IMPORTER SECURITYFILING SERVICES(10+2) ▪ SHIPPERS RISK COVERAGE SERVICES
www.alliance.com
March 2024 • Inbound Logistics 15
Powered by FlippingBook