The global logistics market grew by 7.3% in 2007 to reach a value of $804.6 billion. In 2012, the global logistics market is forecasted to have a value of $1,040.6 trillion, an increase of 29.3% since 2007. HLL is a leading business title that works with high net worth investors and according to our reports we have noticed transactions that involve multinational businesses collapse due to transportation barriers, On the back of this extraordinary interest shown in Global Logistic Services HLL decided to increase its investment portfolio in Global Logistic Services available across multi jurisdictions. By working with a global network of expert in Global logistics needs we can identify the opportunities that lie within for our investors and our customers who consist of diversified businesses looking to exercise such services or investment opportunities.
This is not all; HLL also is one of the leaders in this industry who had invested in Logistics Engineering and management by introducing the new concepts in the Global logistics services like Logistics Engineering and Logistics consultant’s management.
Logistics Engineering and Management can be defined as the use of technologies to manage the process of planning, implementing and controlling the efficient and effective flow, and the storage of goods, services and related information from point of origin to point of consumption for the purpose of conforming to customer requirements.
Logistics engineering is one of the main disciplines that has been identified by the HLL Group for accelerated development and substantial growth to support the global economy. Consequently, the growth of logistics activities in this region will be enormous in the years ahead.
STORY OF LOGISTICS
Logistics and supply chain management is unique and, to some degree, represents a paradox because it is concerned with one of the oldest and also the most newly discovered activities of business. Supply chain system activities – communication, inventory management, and warehousing, transportation, and facility location - have been performed since the start of commercial activity. It is difficult to visualize any product that could reach a customer without logistical support. Yet it is only over the last few years that firms have started focusing on logistics and supply chain management as a source of competitive advantage. There is a realization that no company can do any better than its logistics system. This becomes even more important given that product life cycles are shrinking and competition is intense. Logistics and supply chain management today represents a great challenge as well as a tremendous opportunity for most firms. Another term that has appeared in the business jargon recently is demand chain.
THE GLOBAL ECONOMY
Consumer demand has created and continues to fuel prosperous economies that now sustain in many ways, our daily lives. Products from all over the world are almost immediately available at our door step and at affordable prices. This could not happen without efficient and reliable logistics and transport.
Reliable freight distribution is essential to enable continued growth of the global economy. Curbing in any form the transportation needs may and could possibly effect economic development and the prosperity it brings.
THE FREIGHT FORWARDER
Managing the Supply Chain
The role of the forwarder has constantly evolved to meet the demands of the market place. Simply moving freight from A to B, is now only a small element of the services provided by the forwarder. Require new skills and modern technology makes it possible for forwarders to handle and manage supply chains that stretch around the world. Effectively managed supply chains need to be continuously evolving processes and enable cost savings and efficiencies.
The world’s economies are at very different stages of development and this may often create artificial barriers that delay goods and increase costs for the customer. A freight forwarder helps to remove these barriers by managing the documentary requirements and thereby speeding the movement of goods, eliminating wasted time and hence driving.
Your Partner in Trade
There is rarely any trade without Logistics & transport. The forwarders’ knowledge of transport, the versatility and diversity of the range of services offered, make him an ideal partner to support international trading. The forwarders’ prime responsibility is to safeguard the interests of his customer.
Delivering the Goods
The forwarder is rarely the carrier of the goods in the transport chain. Usually he is the organizer of multiple carriages much like the travel agents arranging holidays.
Transport chains are normally complex, and more often than not involve a logistical plan, hence the tendency for forwarders to present themselves as “logistics service suppliers”. The forwarder has been called the “architect of transport” which today could be “managing logistics”.
Freight distribution generates millions of jobs world-wide and the continued development of trade the industry, is continuing to create new jobs and employment opportunities. FIATA also promotes and encourages the establishment of qualification standards in a wide variety of skills and disciplines.
Leading in Technology
The cost of investing in the latest technology is in itself at times barrier to trade for some companies. The freight forwarder has already made and continues to make this investment in developing and up grading systems to deliver data to a variety or organizations including banks, carriers and customs authorities around the world. Many forwarders’ systems include links to the international trader and their customers to ensure a seamless error free information environment.
Promoting the Environment
Congestion, pollution, safety. These are among the watchwords in today’s society. Everyone is aware of them and it is clear that concern for the environment is the responsibility of everyone. The transport industry arguably has a greater responsibility than many, because it is ever visible effects on every ones daily life. Forwarders invest heavily in environmentally friendly transport modes and support policies for cleaner vehicle emissions.