Success in the global economy requires a shift in strategic vision of the Asia-Pacific region's role in supply chains. While it is no secret that an end to low-cost production in Asia is in sight, smart companies are studying the complexity of APAC region and gaining insight into the roles each country plays in the quickly evolving economic horizon. But visibility into where APAC is today isn't enough; forecasting where it will be next year, five years from now, and further into the future are key to positioning supply chains now for ongoing optimization.
Logistics firm Deutsche Post DHL is investing $25m in its operations in the Philippines to further expand its supply chain business and warehousing facilities.
Asia Pacific's logistics industry continues to develop at a fast rate despite the economic weakness of its two largest trade partners - the EU and the U.S.