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The importance of logistics in the global economy

Author: Juan Pedro Buendía

Author: Juan Pedro Buendía

Efitherma Administration Department

The importance of logistics in the global economy

Author: Juan Pedro Buendía

Author: Juan Pedro Buendía

Efitherma Administration Department

The invisible engine that drives our daily lives.

Logistics in the global economy:

Sometimes, we think that logistics is just another area of any company or an aspect to take less into account in our daily lives, but that it drastically marks the future of what we can see as simple as going to buy some jeans or just buy at the greengrocer.

We live in a more globalized society, where the most unexpected event that can occur in the most remote part of the world ends up affecting us in a way that we cannot even imagine.

Conflicts that change the world economy

Logistics in the global economy is also affected by the different conflicts we are currently experiencing. Sometimes we discover the number of economic, social or natural problems that occur in countries that, sometimes, it would be difficult for us to locate on a map. For example, in recent years, different conflicts such as the pandemic, the Ukraine-Russia war or the Israel-Gaza confrontation have caused (curiously) the months of the first quarter of each year to be chaos with disproportionate price increases or supply chain shortages.

There are many times that we are sitting in front of the TV or reading any news on our mobile phone and, regardless of our opinion or perspective on the subject, we are not able to intuit or grasp the importance that this fact will have in the short term in our society and therefore consistent (always) in our economy.

This should be nothing more than a learning process, to strengthen our supply chains and prepare ourselves for possible shortages, which unfortunately are more common every year. To achieve this, it is essential that governments reinforce their industrial policy and support the creation of new companies that can mitigate these situations, which occur occasionally but which, based on the events of recent years, are likely to become a regular occurrence.

Freight transport

Our economy is driven by various forms of transport. This is where air transport, which has normally been ruled out for large loads due to its high cost, is appearing more and more frequently, but it is increasingly being taken into account. Its main advantages are transit times, although, as we have already mentioned, its high cost and environmental pollution are its main handicaps.

It should be noted that this is not the only form of transport that affects the sustainability of the planet. On the road, the pollution produced by vehicles damages both the environment and human health.

Maritime transport is also a source of global pollution. It causes about 3% of the world’s greenhouse gases, as well as 13% of nitrogen oxide (NOx) and 12% of sulfur oxide (SOx) emissions.

Given this reality, it is crucial to promote and adopt measures that encourage sustainable transportation in all its forms. The alternatives exist and are viable. On land, bet on solutions such as electric trains or trucks with hybrid technology. In the air, airlines can choose to use biofuels or invest in more efficient and less polluting technologies. And at sea, it is essential to implement stricter regulations to reduce ship emissions and promote the use of clean energy, such as wind and solar energy.

The responsibility of companies

Analyzing these situations as a learning opportunity and not a problem is the key to understanding that in an increasingly global economy, companies must be based on digitalization, planning and versatility. Key tools to satisfy the needs of the market at all times and generate a climate of trust in the brand that in the long run ensures that companies position themselves as an important player in their market.

At Efitherma and as it cannot be otherwise, we are prepared for any eventuality regardless of the complications that day to day life can put us on the path, as we have already been able to experience in recent years and which has done nothing more than position the brand as one of the leading companies in the market.

And to conclude and returning to the beginning, let us keep in mind that what happens in the news or in the other part of the world greatly affects our daily lives. Let us increasingly promote the consumption and manufacturing of national products, which will be at our side when the rest of the world’s supply chains may be affected.

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