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eyefortransport Weekly Newsletter 26th July 2013
Asia's supply chain crown slipping? UPS, Ryder results; XPO purchase; L'Oreal supply chain deal
In addition to a number of financial results that we have reported on below, I wanted to draw your attention to the results of a survey we recently conducted into the Hi-Tech and Electronics Supply Chain Industry in Asia – specifically we wanted to find whether the region was still considered to be the most competitive. The results of the survey showed that one third of manufacturer respondents felt Asia was losing its supply chain competitiveness, which is a significant proportion. We will monitor this trend over the course of the next 12 months.
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News This Week:
Is Asia Losing Its Competitiveness?
This was the question eyefortransport explored in the second part of its Asia Pacific Hi-tech and Electronics Supply Chain Industry Survey
UPS Releases 2nd Quarter Results
Second Half 2013 EPS Growth Expected at 4-13%
A Walk On The Beach? A Run For Supply Chain 2020?
Article by Lora Cecere from Supply Chain Shaman; published on July 21th 2013
Ryder Reports Second Quarter 2013 Results
Q2 Comparable EPS from Continuing Operations Up 15% to $1.25 Q2 EPS from Continuing Operations Up 31% to $1.19 Q2 Operating Revenue Grows 4%; Total Revenue Up 3% Full-Year 2013 Comparable EPS Forecast Narrowed to $4.75 to $4.85
L'Oréal and E2open Extend Supply Chain Program across Europe
Next Phase of Strategic Partnership Brings Collaborative Execution to European Partners
JCB poised to create hundreds of new jobs with logistics hub
JCB today announced plans to open a new facility in North Staffordshire in a move which will create hundreds of new jobs
XPO Logistics to Acquire 3PD, the Largest Provider of Heavy Goods, Last-Mile Logistics in North America
One of the fastest-growing segments of non-asset third party logistics. Addition of last-mile delivery strengthens XPO's position as a single-source supply chain partner. Transaction to be immediately and significantly accretive to earnings
Featured Content:Is Asia Losing Its Competitiveness?
The eyefortransport report was compiled using the responses of 230 hi-tech supply chain and logistics executives that work directly with or in the Asia Pacific region. The report asks some important questions regarding the changing dynamics of the APAC region, and challenges respondents to question whether Asia has lost its competitiveness – as an emerging market, manufacturing hub, consumer base, innovation center etc.
While the answer to the question for most is ‘No’, the report reveals some interesting figures:
- 1/3 of manufacturer respondents felt Asia was losing its competitiveness
- 43.4% thought it was losing its competitiveness because of increased costs
- 54.4% point out that Asia still has a growing consumer base like nowhere else in the world
‘Clearly the dynamics of Asia’s economy are changing with positive and negative effects. This is especially the case in the hi-tech industry where despite rising costs, opportunities in such areas as eCommerce, aftermarket services and home delivery look to be on the rise.’ said Haley Garner, Research Director at eyefortransport. ‘The key will be to see whether the region’s market potential can out-strip rising costs.’