Series NX Research Institute President Speaks: Part 5 - Impact on Logistics and Work Styles in Japan and Europe

Changes in economic activities due to the deepening of EU principles. An explanation of the impact of the introduction of the euro on logistics, among other things.

The movement of people, goods, capital, and services becoming free within the EU has had a significant impact on the logistics industry. Particularly with the introduction of the euro, it has become possible to set optimal locations considering lead times and delivery costs. Major logistics companies in Europe had previously positioned their own distribution centers in optimal locations in each country, but after the introduction of the euro, they began treating multiple countries as a single market. To adopt a flexible system that meets customer demands, they started selling their own distribution center facilities to logistics real estate operators, often real estate companies within their own group, and then re-leasing them under the same conditions as the customer contracts. As a result, when customers requested the relocation of distribution hubs, they were able to respond relatively easily by moving to another location. *For more details, you can view the related links. Please feel free to contact us for more information.*

Logistics and warehouse management systems