Importance of Logistics Providers for Economic Recovery
By Cat Dewinta - June 20, 2021
It has been more than a year since COVID-19 caused tight border lockdowns, a halt in global and local travels, and an international shipping slowdown. These took events to contain the rapid spread of the outbreak. Lockdowns and social distancing spiked the use of consumers of the internet and technology, which then reinforced the need for faster consumption and faster delivery. Since then, people have relied on delivery and logistics services, effectively bridging gaps between vendors and consumers.
Logistics is a vital economic activity and has been continuously evolving its processes with the latest technologies. It has shown its innovativeness since logistics providers began introducing on-demand applications into their services to satisfy modern consumers’ shifting demands. Picture a world where nothing gets delivered or transported between locations. Not only is logistics crucial to the distribution industry, but it has also made distribution more reliable and efficient. It is essential in making sure that goods are moving and reaching ports, warehouses, stores, and even homes.
The pandemic changed the trend with deliveries. Online and offline businesses have to rapidly adapt and find ways on how their services and goods will reach their customers even at a distance. Since then, logistics providers continue to support businesses in providing delivery for a wide variety of goods from gym equipment, groceries, hardware items, construction supplies, school and office supplies, fashion, and many more.
How Do Logistics Providers Support Economic Recovery?
Encourage economic transactions
Logistics providers contributed to the shifting economic landscape by encouraging the exchange of services and transactions that impacts our national economy. With businesses adapting, their services are now reaching not just stores and warehouses but also homes. These prove that logistics has been a helpful service to even the smallest unit of society, bringing essential goods closer than ever to the consumers.
Fast vaccine rollout
Without fully functioning logistics, proper and reliable distribution of COVID-19 vaccines would not be possible. The swift movement of vaccines allows LGUs to maximize the time in increasing the vaccination rate of the country towards herd immunity. In time, people will be more confident to go outside of their homes, go back to work, and make the economy running again like before.
Provided jobs to people
One of the severe impacts of the pandemic is the significant decrease in the Philippines’ employment rate. According to the Philippine Statistics Office, the unemployment rate is now at 7.1 percent as of May 2021. As the economy slew down, it led corporations and businesses across industries to lay off workers. Due to rising demand, logistics became more popular, and drivers began applying in the hopes that it would help them survive unpredictable times.
The pandemic elevated logistics’ importance not only for businesses but to every household. Logistics providers were enablers in ensuring that our needs will be within our reach each time we need them. By conveniently placing our orders at the comforts of our homes, drivers were the ones braving the invisible enemy to fulfill every booking. Indeed, logistics stands resilient to the effects of COVID-19 and continues to adapt to its changing landscape with innovative offerings at bay. Logistics providers have been with us through a tough time and are here to stay.
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