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Contents :SCS 03 September 2012
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The logistics industry is one of the main growth sectors in the global economy and is absolutely critical to the improvement of living standards around the world.
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Putting supply chain at the heart of trade
eficiencies in the physical movement of goods are a greater deterrent to trade growth than institutional trade barriers, according to theWorld Economic Forum’s Council on logistics and supply chain. The
Forum, of course, is best known for its star-studded annual meeting at Davos. The council, which is chaired by Professor Alan McKinnon,
has just released a report “Outlook on the Logistics & Supply Chain Industry 2012” which highlights a series of challenges including carbon emissions, risk and skills. Introducing the report,McKinnon points out: “The logistics
industry is one of the main growth sectors in the global economy and is absolutely critical to the improvement of living standards around the world.” On trade facilitation the report argues that the importance of logistics constraints is
not sufficiently recognised by trade negotiators, partly because they lack an understanding of modern supply chain practices and partly because they do not adequately consult the businesses affected. And it is recommending that the Forum launches an initiative not only to assess what
has been done, but also to analyse a number of specific supply chains to identify “all of the major policies and regulatory requirements that impact on the supply chain; and to quantify the effect of these various factors on the final cost of the products concerned”. This information would then be used to estimate the impact on economic welfare
for a country or region with a view to targeting institutional action. It also wants to see a set of principles, approaches and performance targets that
could be embedded in trade agreements and to identify gaps in the coverage of what is currently on the table in theWorld Trade Organisation, as well as regional trade, negotiations. If you are thinking: “About time too”, I would find it hard to disagree with you. This is an initiative that deserves to succeed.
Malory Davies FCILT Editor
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Unit 205, The Foundry, 156 Blackfriars Rd, London SE1 8EN. Fax 020 7953 3011 Editor Malory Davies FCILT (020 7953 3002)
malory.davies@akabomedia.co.uk
johanna.parsons@
akabomedia.co.uk Contributing Editor, Supply Chain Nick Allen (01444 467 307)
nick.allen@
supplychainintelligence.co.uk
mesquita@tinyworld.co.uk Art Editor Steven Lillywhite,
steven.lillywhite@
cre8designstudios.co.uk
(020 7953 3013)
emma.hughes@
akabomedia.com Commercial Director Events Lesley Fryer (020 7953 3006)
lesley.fryer@
akabomedia.co.uk and Marketing Dan Stone (020 7953 3005)
dan.stone@
akabomedia.com Printer Williams Press
Publisher Akabo Media Ltd. ISSN 1353-5595 Marketing and Events Manager Jennifer Halliday,
jennifer.halliday@akabomedia.com Reporter Johanna Parsons (020 7953 3003) Commercial Manager Mark Judd (020 7953 3010)
mark.judd@akabomedia.co.uk Production Tony Kempster,
tony.kempster@
hotmail.co.uk
Contributing Editor, Property Liza Helps (01449 673 952) Sales Executive Emma Hughes Head of Events
Managing Director Stephen Brooks (020 7953 3007) Circulation enquiries (01424 757 613)
logisticsmanager@tjcuk.co.uk, Circulation address Logistics Manager, PO Box 304, Hastings, TN34 9EJ. Supply Chain Standard is available for international licensing and syndication. For more information please call Mark Judd on +44 (0)20 7970 4441 or email
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