FoM Lab Series: Future of Goods Mobility Challenges & Solutions

On November 24, 2017, Deloitte held a Future of Goods Mobility Lab in Shenzhen, over 30 senior executives, and industry experts from different aspects of the goods mobility ecosystems, including government, logistics service providers, commercial vehicle manufacturers, drone manufacturers, retailers, consumer goods companies and Internet players joined the lab to define the vision for the future of goods mobility in China, identify the challenges and further explore solutions to address these.

Following a welcome remarks by Deloitte Shenzhen Office Managing Partner Mr Tom Kwok, guest speakers Mr Lin Guoxi, Director for Logistics Sector from Invest Shenzhen, shared some insights on the ecosystem of future of goods mobility and how to attract new investment into Shenzhen from a local government perspective; while Mr Wang Haoying, Vice President of Chiwan Oriental Company also shared his perspectives on the road freight industry in China.

"The rapid growth of consumer market in China, emerging technologies and demands from consumers for timeliness are disrupting the goods mobility ecosystem from all aspects," said Mr John Song, Logistics Sector Consulting Leader, Deloitte China. "At the Lab, participants have shared their views on challenges they face at different stages throughout the goods mobility journey, such as low integration between mobility modes, underutilized trucks, and lack of an effective information sharing platform. The players suggested to develop an ecosystem-wide, integrated goods flow and data management platform with an independent advisory party, potentially Deloitte, at the core to optimize demand and supply allocation."

Dr Marco Hecker, Deloitte China Auto Sector Leader, also emphasized the importance of bringing together players in the ecosystem to establish practical solutions in order to address the challenges in the logistics industry, and co-develop the future of mobility in China and globally. "The Lab is an effective platform to facilitate meaningful discussions and dialogues between industry players. Participants have taken the opportunity to obtain in-depth industry insights, examine the challenges and explore possible opportunities. Last but not least, the key purpose of the Lab is to enable industry players to co-create solutions as an ecosystem," Hecker concluded.