Today the world could be described as a truly global economic system albeit with many imperfections. People aspire to higher standards of living but with the era of cheap oil over, escalating commodity prices and financial austerity there are significant challenges and obstacles to achieving business development and economic growth.
Port Centric economic development and Port Centric logistics are management solutions for companies and the communities they operate in. They are solutions that can generate business growth and productivity; they tackle the increased market volatility, demand variability and supply disruptions or unreliability caused by natural disasters and market imperfections.
Product sourcing strategies have a major impact on location strategies for manufacturing, distribution and office functions. Companies are constantly seeking to optimise their networks and to be more resilient when faced with potential disruption (Japan’s tsunami, Thailand’s floods, international piracy). This has lead to a more difficult range of choices to strike the right balance between offshoring, near-shoring and reshoring.
The complexities of today’s global supply chains, coupled with the inherent dynamics of international trade have emphasised the critical role of sea and river ports to service local, regional and national economies, their businesses and their communities. In this ever-changing environment, PCLP works internationally with public and private sector clients and blue chip Associates to build your competitive advantage for global and regional trade.
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