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29 November 2017

Disruption. Digitalization. Disintermediation

This point of view is the first in a series of publications outlining critical issues and opportunities that can help your organization ride the wave of change impacting the global Transportation and Logistics industry (T&L).

Here is a summary of EY’s key observations:

• As the pace of change is accelerating in all fields, Transportation and Logistics companies are challenged not only by their traditional competitors, but also by new entrants looking to disrupt the industry.

• It is evident that technology is one of the prime drivers of change in the transportation industry, impacting everything from last-mile delivery to warehouse management. From data analytics and blockchain to drones, Internet of Things and autonomous vehicles – the way goods are moved is changing dramatically.

• What is certain is that the need to physically move goods is not going away anytime soon — however the challenge is how do you deliver returns in an ecosystem where innovation in services is set to generate more value than the transportation itself?

• While volatility is here to stay, its pace is accelerating due to the interconnectedness and interdependency of the global networks. Navigating uncertainties and taking appropriate risk mitigation measures must become fundamental part of a T&L company’s value proposition.

EY hopes you find the ideas and topics in this document thought provoking and worthy of discussion at all levels of your organization.

Document ID: 2017-6007

 
 

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