Kuala Lumpur, Malaysia
Logistics service providers can expect more business from in bound transportation in four ASEAN countries - Indonesia, Malaysia, Singapore and Thailand as it is the most likely activity to be outsourced in the future.
"This is because the top three activities that are likely to be outsourced - inbound transportation, inbound warehousing and outbound warehousing - were selected by more than 65 per cent of the respondents in the four ASEAN countries," says Frost & Sullivan's Team Leader for Logistics, Srinath Manda.
New analysis from Frost & Sullivan (www.transportation.frost.com), ASEAN 4 Logistics Users - Trends & Preferences, reveals that more activities from Singapore are likely to be outsourced than those from Indonesia, Malaysia and Thailand.
If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants with an overview of the ASEAN 4 Logistics Users - Trends & Preferences, send an e-mail to Alice Chia, Corporate Communications at alice.chia@frost.com with the following information: your full name, company name, title, telephone number, fax number, and e-mail address. Upon receipt of the above information, an overview will be sent to you by e-mail.
Manda says that currently, Indonesia has the highest cost of logistics as a percentage to total sales at 19.5 per cent while Singapore has the lowest at 8.3 per cent. Logistics cost in Malaysia is at 12.7 per cent while Thailand is at 17.8 per cent.
Across all four countries, transportation and warehousing make up the larger bulk of logistics costs, he adds.
The levels of technology adopted by logistics end users across these four ASEAN countries are low. Most of the logistics service providers are using only basic bar coding and packaged ERP, observes Manda.
"Most of the logistics end users surveyed are not willing to adopt new technologies in the future due to high costs involved," he adds.
Logistics end users from all four ASEAN countries also said that they outsourced their logistics functions to service providers to generate cost savings.
Overall, the most important criteria for selecting the logistics service providers in the four ASEAN countries are quality of service, speed and consistency of service and reasonable price for overall logistics services.
The ASEAN 4 Logistics Users - Trends & Preferences (P051-18) is part of the Asia Pacific Logistics - Growth Partnership Service, and it provides a detailed analysis of the logistics users trends and preferences in Indonesia, Malaysia, Singapore and Thailand. Other research reports available under the subscription include Indonesian Logistics Users - Trends & Preferences, Malaysian Logistics Users - Trends & Preferences, Singaporean Logistics Users - Trends & Preferences, Thailand's Logistics Users - Trends & Preferences, Strategic Analysis of 3PL Markets in the Malaysian Automotive Sector, Strategic Analysis of 3PL Markets in the Malaysian FMCG Sector, Strategic Analysis of 3PL Markets in the Chinese Automotive Sector, Strategic Analysis of 3PL Markets in the Chinese FMCG Sector, Strategic Analysis of 3PL Markets in the Chinese Retail Sector, Strategic Analysis of 3PL Markets in the Indian FMCG Sector, Strategic Analysis of 3PL Markets in the Indian Retail Sector, Strategic Analysis of 3PL Markets in the Indian IT Hardware Sector, and Strategic Analysis of 3PL Markets in the Indian Consumer Electronics and Durables Sector.
Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics. For more information, visit www.frost.com
ASEAN 4 Logistics Users - Trends & Preferences
P051-18
Alice Chia, Corporate Communications - Asia Pacific, Frost & Sullivan, + 603 6204 5899 alice.chia@frost.com
Tori Foster, Corporate Communications - North America, Frost & Sullivan, +1 210 477 8448 tori.foster@frost.com
Source: Frost & Sullivan (Business Wire India)