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The Future

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Handbook of Global Logistics

Part of the book series: International Series in Operations Research & Management Science ((ISOR,volume 181))

Abstract

We speculate on the prospects for Global Logistics over the next 10–15 years. Three international transformations are emphasized: (1) Global trade will be enhanced, but often shifted to new regions (Asia, Africa). (2) Climate change will negatively affect ports and landside infrastructure, while possibly allowing faster transportation between Europe and Asia (through an Arctic Ocean that may become ice free). (3) Continued digital processing power, wireless communication and the internet will allow tracking of all logistical and transportation movements. Non-visible inventory will be the exception. Intelligent transportation technology, including next-generation air traffic control, will increase the efficient utilization of transport infrastructure. We offer considered opinions, backed by examples and references where we can, on the three main changes and others. Particular assumptions that we have made are highlighted throughout.

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Notes

  1. 1.

    www.supplychainasia.org

  2. 2.

    Bookbinder and Fox (1998) obtain non-dominated tradeoffs between time and cost in the context of NAFTA logistics. By varying a parameter analogous to the carrying cost of the goods transported, they determine whether a specific decrease in lead time merits the required increment in cost. This is an example of “at the end”.

  3. 3.

    Brazil, Russia, India, China.

  4. 4.

    See Henkow and Norrman (2011) for a thorough discussion of the ways in which a tax system can affect the design and operation of a global supply chain.

  5. 5.

    Carbon dioxide capture and storage.

  6. 6.

    Canadian hockey fans will especially understand.

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Author information

Authors and Affiliations

  1. Department of Management Sciences, University of Waterloo, Waterloo, Ontario, N2L 3G1, Canada

    James H. Bookbinder

  2. The Transport Institute, I.H. Asper School of Business, University of Manitoba, Winnipeg, Manitoba, R3T 5V4, Canada

    Barry E. Prentice

Authors
  1. James H. Bookbinder
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  2. Barry E. Prentice
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Correspondence to James H. Bookbinder .

Editor information

Editors and Affiliations

  1. Department of Management Sciences, University of Waterloo, Waterloo, N2L 3G1, Ontario, Canada

    James H. Bookbinder

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Bookbinder, J.H., Prentice, B.E. (2013). The Future. In: Bookbinder, J. (eds) Handbook of Global Logistics. International Series in Operations Research & Management Science, vol 181. Springer, New York, NY. https://doi.org/10.1007/978-1-4419-6132-7_21

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