BERLIN and ORLANDO, Florida, February 12, 2013 /PRNewswire/ --
In matters of logistics, Germany is often the first country that springs to mind. After all, this is where even the buses run on time, where sat-nav predictions of arrival time are uncannily accurate and where letters posted late at night will arrive first post the next day.
So you'd expect German presence at a conference like the Retail Industry Leaders' Association (RILA) Retail Supply Chain conference: Logistics 2013, in Orlando, Florida from February 17-20. This demand will be fulfilled by the presence of Germany Trade and Invest who will be explaining some of the ideas being dreamed up to keep Germany ahead of the game.
"The e-commerce trade is thriving, which means more B2C deliveries and more logistical bottlenecks to solve," said Alexander Gentscheff, Manager of Investor Consulting Logistics at Germany Trade and Invest.
The German Trade Association (HDE) says that the slowest year-on-year growth in online retail over the past eight years was 8.2% (in the depths of the financial crisis). Such figures have not gone unnoticed in the logistics industry, where more and more companies are now looking to enter into co-operative and complementing working relationships; Hermes and TNT are the latest to announce a new joint initiative which will expand each other's service.
"Online retail grew 13% in 2012, and is predicted to grow by 12% in 2013," continued Gentscheff.
"There is still room for more. Germany lags behind many countries in terms of pure e-commerce turnover despite the catch-up growth, many customers still preferring to go to shops themselves. But concepts such as same-day delivery, already available in many German cities, will only lead to fresh investment in this burgeoning industry."
Germany Trade & Invest is the foreign trade and inward investment promotion agency of the Federal Republic of Germany. The organization advises foreign companies looking to expand their business activities in the German market. It provides information on foreign trade to German companies that seek to enter foreign markets.
Germany Trade & Invest
SOURCE Germany Trade and Invest