Logistics Strategies Imperative for Global Growth - Global Trade Magazine
  June 19th, 2019 | Written by

Logistics Strategies Imperative for Global Growth

Sharelines

  • Global agreements spur economic development and e-commerce success.
  • Global Economics Prospects predicts a two-year plateau in overall global growth starting in 2019.
  • E-commerce alone is shifting big businesses and their customer relationships.

Global Economics Prospects predicts a two-year plateau in overall global growth starting this year. That doesn’t mean development opportunities are not still very much alive and can be leveraged through a realistic, holistically charged strategy. E-commerce alone is shifting big businesses and their customer relationships, increasing product demand and reaching consumers beyond company regions. Alibaba Group announced its initiatives with the government of Rwanda in November and claimed they will utilize the digital economy to support exporters and local producers and their relationship with Chinese consumers.

Global agreements spur economic development and e-commerce success.

“We have already seen tremendous attention from Chinese consumers on Alibaba’s platforms in high-quality Rwandan products such as our top-tier single estate coffee, and we are confident that local products and travel experiences will continue to receive interest and support from the more than half a billion consumers on Alibaba’s platforms,” states RDB Chief Executive Officer Clare Akamanzi.

“Alibaba’s travel services platform, Fliggy, and the RDB will also work together to promote Rwanda as a tourist destination through a Rwanda Tourism Store for booking flights, hotels and travel experiences and a Destination Pavilion where Chinese consumers can learn about visiting the country.”

With Amazon-standard expectations, it’s imperative that during the development and planning periods companies incorporate logistics solutions that tie together all modes of the supply chain, eliminating the possibility of leaving out a vital piece to the supply-chain puzzle.


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