Encouraging levels of confidence in logistics supply chain sector

Encouraging levels of confidence in logistics sector

Survey explores the latest trends and outlook for the industry

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Encouraging levels of confidence in logistics supply chain sector

Almost three quarters of senior decision makers from the logistics and shipping sectors in Ireland say they are more confident about business conditions in the logistics sector than they were only 12 months ago. The finding is noted in a recent report by commercial property specialists CBRE, which was co-sponsored by KPMG and undertaken by researchers Analytiqa. Over 50 respondents participated in the survey including the CEOs, Managing Directors and senior management of some of the largest logistics providers, firms and buyers in Ireland.

Key findings

  • Almost three quarters of respondents say they are more confident about business conditions in the logistics sector than they were only 12 months ago. Logistics operators are considerably more positive than those involved in shipping.
  • 89% of respondents expect turnover in their organisation to increase over the next year while 62% expect an improvement in profitability over the next 12 months. 
  • 74% of logistics operators say they were likely to incur significant capital expenditure over the next 12 months.
  • 55% of respondents said they expect to increase headcount in their organisations in the next year with the largest proportion (38%) expecting to increase headcount by between 2% and 5% year-on-year. 
  • More than 70% of respondents believe that e-commerce has the potential to grow by up to 10% in the next 12 months. Almost half of respondents say that they would accommodate growth in e-commerce by improving technologies in their organisations.
  • Over 85% of respondents plan to introduce some form of innovation to their business over the next 12 months with a fifth of respondents mentioning implementing more automation. 

Read the full report below:

Transport & Logistics

Transport & Logistics

Cost reduction, mergers, deregulation and intense competition are putting the spotlight on decision makers across both the public and private sectors.

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