Series NX Research Institute President Speaks: Part 5 - Impact on Logistics and Work Styles in Japan and Europe
Changes in economic activities due to the deepening of EU principles. An explanation of the impact of the introduction of the euro on logistics, among other things.
The movement of people, goods, capital, and services becoming free within the EU has had a significant impact on the logistics industry. In particular, the introduction of the euro has allowed for the establishment of optimal locations considering lead times and delivery costs. Major logistics companies in Europe previously positioned their own distribution centers in optimal locations across various countries. However, after the introduction of the euro, they began treating multiple countries as a single market and adopted a flexible system to meet customer demands by temporarily selling their own distribution center facilities to logistics real estate operators, often real estate companies within their own group, and then re-leasing them under the same conditions as the customer contracts. As a result, when customers requested the relocation of distribution hubs, they were able to respond relatively easily by moving to another location. *For more details, please refer to the related links. Feel free to contact us for more information.*
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