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Logistic is part of the supply chain process that plans, implements and controls the efficient and smooth flow and storage of goods, services and related information to meet the customers' requirements, from the point of origin to the point of consumption

Saturday, July 18, 2009

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craneWelcome to LOGISTICS FORUM, the official blog site for SEA EAGLE MARITIME SDN. BHD. We welcome any comments, article and information about local logistics industry especially from logistics players.
We hope this blog could provide better understanding and the overview of the Malaysian logistics sector and issues on the industrial development to enhance
the co
mpetitiveness of Malaysian logistics industry. The Industrial Master Plan 3 (2006-2020) has given special emphasis on logistics sector's development. If we look at 2005 GDP, transportation, storage and communication services have contributed about 8.8% or RM 23.2 billion. In Malaysia, logistics is a crucial facilitator of trade.
Freight traffic i.e. by sea, air and land have contributed 257 million tons in 2005. The Industrial Master Plan 3 (IMP3) targets Malaysian ports will handle about 751 million tons of cargo or 36 million TEU by 2020; air freight expected to handle 2.4 million tons and cargo movement by railroad about 18.6 million tons during this period.

Global trends however are affecting the Malaysian logistics. These include:
  • escalating fuel prices
  • credit crunch
  • focus is more on security now as a result of post 9/11
  • supply chain is facing greater control
  • containerization of cargo movement
  • more logistics companies are merging and consolidating and therefore become stronger and more efficient
Some issues faced by Malaysian Logistics and need to be addresses are:
  • this industry seems to have too many players
  • there is no proper integration among transport/haulage networks
  • unclear scope of services of provided by these players
  • workers and staff are not well-trained
  • very difficult to get financing for expansion
  • the industry itself is considered too labor intensive

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