LOGISTICS PLAYS A FUNDAMENTAL ROLE IN THE DEVELOPMENT OF ALL COUNTRIES.
The recent Coronavirus pandemic triggered events that changed the public view of the logistics industry. Shipping, warehousing and other related activities became more important for the global economy and now require careful planning and analysis.
This study aims to illustrate the active role of Logistics, offering an exhaustive, structured overview of the sector, based on the findings of a study spanning 6 countries (China, Brazil, Germany, Italy, Poland, and the United Kingdom).
8.6 T$
LOGISTICS CURRENT
GLOBAL VALUE
9.9 T$
PREDICTED ECONOMIC
VALUE BY 2024
87%
OF LOGISTICS WORKERS
ARE SATISFIED AT WORK
69%
OF LOGISTICS WORKERS CONSIDER
TRAINING VERY IMPORTANT
ECONOMIC VALUE
A CENTRAL ROLE IN ECONOMIC SYSTEMS WORLDWIDE
Many industries rely heavily on Logistics to ensure stable and efficient supply, in turn guaranteeing the economic growth, and competitiveness of the countries where they operate.
Now worth 8.6 trillion U.S. dollars, the logistics market has experienced exponential growth in recent years. The sector is predicted to continue growing, by up to 10% compared to 2022, reaching 9.9 trillion U.S. dollars in 2024. Two main factors are the basis of this growth trend: Rising freight volumes, and the increasing price of logistics services, owing in turn to changes in consumer habits, namely the expansion of eCommerce sales.
LABOUR MARKET
LACK OF GENERAL AND SPECIALISED WORKERS
The labour shortage is a major concern for logistics companies worldwide. The findings of the study suggest that an important factor is the traditional misconception that Logistics jobs are physically demanding. However, shortages are not limited to roles normally classified as blue-collar. Among the specialised profiles with the highest demand, we also find:
- Customer care experts
- Data analysts
- Logistics engineers
- Cyber security experts
- Experts in growing technologies (eg. automation)
PUBLIC IMAGE
EMPLOYEE OPINIONS COUNTER THE TRADITIONAL VIEW OF LOGISTICS WORK
Despite widespread acknowledgement of Logistics’ central role in improving both the economy and society, the industry is still tied to a traditional public image that no longer reflects reality. Logistics is still perceived as a physically demanding sector, where manual or unskilled labour prevails, making it unattractive to a large portion of the population.
In stark contrast, the study’s findings suggest that a great majority of Logistics workers are actually happy in their roles.
TRAINING
THE NEED FOR AN EFFECTIVE TRAINING POLICY
In Logistics, training is important both for improving the skills of existing employees and as a way of attracting new workers. Companies are now strengthening their training portfolios, making use of internal and external resources, including public and private institutions, like universities and technical schools.
From a workers’ point of view, the survey reveals that 69% of those employed in the logistics sector consider training and continuous learning very important in order to stay up to date.
