Logistics In China Essay

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Recommended: Scope, concept, objective, process of logistics management

Logistics in china The growth of logistics In the 21st century, China keeping logistics industry rapid growth generally, significantly improves the quality of logistics services. The environment and conditions for the development of continuously be improved, like the dramatic growth of economy and the introduction of new information system, and laid a solid foundation for further accelerate the development of China's logistics industry. 1. The rapid growth of the scale of China's logistics industry. In 2008, the total social logistics reached 89.9 trillion Chinese Yuan, an increase of 4.2 times compared to 2000, an average annual increase of 23%; 6 trillion Yuan in 2012, with an growth of 15% each year for past 5 years.Average annual growth of 14% for the past 10 years logistics industry added value of 2 trillion Yuan, an increase of 1.9 times compared to 2000, an average annual increase of 14%(KPMG, 2008). In 2008, the total value-added logistics and value added services accounted for 16.5%, accounting for 6.6% of GDP. With comparison, in the United States, Europe, as well as Australia, “logistics” represents between 10 and 15 percent of Gross Domestic Product. The internal trade of goods within the European Union (EU) is worth more than $2 trillion a year 2. Significant improvement the concept of logistics industry. Some manufacturing companies, commercial enterprises began to use modern logistics management concepts, methods and techniques, the implementation of logistics process reengineering and outsourcing. Traditional transportation, warehousing, freight forwarding companies implement functional integration and extension services to accelerate the transition to a modern logistics enterprise. A batch of new logistics enter... ... middle of paper ... ...ntangible, EDI, warehousing management system, RFID, intelligent sorting system, automated Storage & Retrieval Systems etc. , for tangible, large forklifts, cranes, advanced warehouse etc. should be immensely broad and adequately concerned and promoted. Following the global supply chain management trends, Chinese should grasp the dynamic information and quality information of goods which has become a key factor in corporate earnings. However, due to the impact of natural, weather, communications, technology, regulatory and other aspects, dynamic logistics information collection technology has been greatly restricted, which can not meet the needs of modern logistics development. With the new technological means, Chinese should focus on the logistics dynamic information collection technology, a technology to become the next breakthrough in the field of logistics.

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