Asia’s largest logistics and maritime conference – the Asian Logistics and Maritime Conference (ALMC) – held its sixth edition during Hong Kong Maritime Industry Week, with the Supply Chain & Logistics Professionals group (SCLP) appointed as a Supporting Partner for this year’s event.
The SCLP group is the leading platform in Hong Kong for professionals working across the full spectrum of supply chain management to get together on a regular basis for networking, sharing and learning.
In the run-up to ALMC, the SCLP group helped to promote the conference among its network of more than 2,000 supply chain and logistics professionals.
Through the supporting partner agreement, members of the SCLP community were also able to enjoy a 50% discount on ALMC tickets, helping them to attend this leading logistics industry event at the Hong Kong Convention and Exhibition Centre.
Hong Kong’s Acting Chief Executive, Ms Carrie Lam, delivered the conference’s opening remarks. In her speech, she mentioned how innovative logistics methods can increase trade, encourage commerce and drive economic development. Ms Lam said this was something Hong Kong has been able to capitalise on, as logistics and maritime services have become a pillar industry for the local economy.
The city’s record as a regional logistics hub, supported by its connectivity and strategic location, means that Hong Kong is well-placed to participate in China’s Belt and Road Initiative, said Lam – a point reinforced by the Hong Kong port having marine cargo movements with 45 out of the 60 countries along the Belt and Road.
Tracking the omni-channel
Of particular interest is the ever intensifying ‘e-Commerce Frenzy’ – in particular the rise of cross-border e-commerce – and the resulting development of omni-channel business. Two sessions during the ALMC were focused on these fast-developing industry areas.
The first forum, Omni-channel Strategy: Navigating the Future of Retail, highlighted leading examples of omni-channel retailing, as well as examining online-to-offline integration and exploring ways to improve the customer experience.
One presentation explored the vast e-commerce market in China, highlighting the staggering scale of the market size compared to those of the US and Europe. The discussion also compared and contrasted the typical online shopping behaviour of Western consumers versus Chinese consumers.
Another plenary session, Cross-border E-commerce: Who Will Rule the Game?, highlighted the latest developments in China’s cross-border e-commerce industry and explored the next big e-commerce market.
Delegates heard about the need for traditional logistics companies and warehouse operators to rapidly adapt to the world of e-commerce, in order to offer a truly viable solution for the consumer retail business models.
Panellists also discussed the role of technology in keeping consumers informed about purchases, and the difficulties of meeting peak seasonal demand while controlling costs.
Other priorities for e-commerce providers discussed by the panel included improving logistics infrastructure and presenting information in a way that maximises the user experience. Logistics firms could also benefit from collaborating with e-commerce service providers to learn more about how to adapt to the e-trade world.