How Companies in APAC are Digitising the Supply Chain
The pandemic fueled a surge in investment in logistics businesses, particularly those focused on digitizing the supply chain. This article explores three such companies: Shippit, Andalin, and Ofload. Shippit, a multi-carrier shipping software company, has seen a 300% increase in deliveries since the pandemic. Andalin, an Indonesian digital freight forwarder, has seen its revenue grow 700%. Ofload, a Sydney-based logistics platform, connects businesses with reliable carriers to reduce waste.
The article also discusses future trends in the APAC (Asia-Pacific) logistics industry. Continued investment is expected in companies that can demonstrate efficiency beyond cost savings, such as reducing climate impact. Consolidation is likely as companies look to expand their reach. Vietnam and Indonesia's growing importance as manufacturing hubs, and Singapore's potential as a logistics powerhouse, all point to a positive outlook.
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