LOGISTICS & DISTRIBUTION
enable IoT services for the logistics ecosystems as an additional service offering and to radically optimise the company ’ s capacity planning and management .
So how will these new business models unlock value ? Accenture explains : “ Some digitise the customer experience ; others , operations ; and still others facilitate scalable ecosystems of partnerships , including competitors , with the power to optimise supply chain services .” The report maintains the key to maximising value generation will be to “ deliver new capabilities that customers find easy to consume – either via easy-to-use platforms and online sales capabilities , or by leveraging match-making capabilities to provide completely digital services ”.
Accenture ’ s research concludes that exploring the potential for business model adjustments will enable a diverse range of market players ( including freight forwarders , contract logistics specialists and carriers ) to achieve a positive impact on their EBITDA ( earnings before
No incumbent can afford to postpone the move to digital
interest , tax , depreciation and amortisation ) by as much as 5 %. This was based on the fictitious reference of a freight and logistics company with an industry average net revenue of $ 17.75bn and $ 643.43mn in EBITDA as a starting point for hypotheses , refined by interviewing startups in the industry , then tested by a group of 15 Accenture logistics industry experts . The impacts were subsequently ‘ blind ’ peer reviewed by other experts for objectivity .
Accenture preaches the importance of accepting the need for change :
44 January 2018