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There is a Huge Opportunity for the Industry to Set Up Multi User B2C Logistics Facilities Hellman W
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The Logistics & e-Commerce Session of the Future of Logistics conference continued with moderator Lars Jensen asking the panellists if the logistics industry is geared to handle the inventory management and warehousing challenges thrown up by the explosive growth of e-commerce across the world?
Madhav Kurup, Regional CEO (MESA Region), Hellmann Worldwide Logistics said that traditionally 3PLs have been more geared towards dealing with B2B operations. With e-commerce creating demand for more B2C logistics services, all players in the industry, big and small, have to develop new models to meet the new requirements.
According to Mr Kurup one way to meet the challenge is for 3PL companies to invest in multi-user B2C regional logistics hubs that can be used by mid-sized and smaller retailers to warehouse and distribute their products quickly in a cost-efficient manner.
Mr Kurup feels that the logistics industry needs to make “proactive investments” in technology and infrastructure to create these multi-user logistics hubs to meet the requirements of B2C logistics services.
Madhav Kurup, Regional CEO (MESA Region), Hellmann Worldwide Logistics said that traditionally 3PLs have been more geared towards dealing with B2B operations. With e-commerce creating demand for more B2C logistics services, all players in the industry, big and small, have to develop new models to meet the new requirements.
According to Mr Kurup one way to meet the challenge is for 3PL companies to invest in multi-user B2C regional logistics hubs that can be used by mid-sized and smaller retailers to warehouse and distribute their products quickly in a cost-efficient manner.
Mr Kurup feels that the logistics industry needs to make “proactive investments” in technology and infrastructure to create these multi-user logistics hubs to meet the requirements of B2C logistics services.