FedEx Express voted best international logistics provider in India
FedEx Express has been recognised as India’s Best International Logistics Provider in Frost & Sullivan’s 2011 Voice of the Customer Awards in India.
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U.S. photo-kiosk industry bets future on gifting, creative products
The North American photo-kiosk market is poised to continue its growth streak, thanks largely to the emergence of the diverse gifting and creative product mix, reports Frost & Sullivan.
With an anticipated compound annual growth rate of 57 percent through 2013, the gifting and creative mix could well increase its share of all transactions to 20 percent by 2013.
For these levels of growth to be achieved, industry leaders in both the vendor and retail markets must work toward increasing customer awareness of the photo kiosks and their growing product mixes.
New analysis from Frost & Sullivan, U.S. Photo Kiosk Markets, reveals that this market earned revenues of USD 2.15 billion in 2006 and estimates this to reach USD 13.0 billion in 2013.
“Retailers no longer battle for the meager profits earned from the traditional 4×6 prints, but focus their efforts on encouraging customers to create lasting souvenirs in the form of photo-books, calendars and other image enhanced keepsakes,” said Frost & Sullivan’s Rufus Connell.
Besides offering consumers an additional means to print and share their images, the gifting and creative product mix provides retailers a significantly better ROI than the 4×6 prints. Vendors, too, have taken note, and innovative software and improved workflow are now helping consumers take advantage of the ever-growing possibilities that exist beyond traditional photo-kiosk use.
Read MoreThailand’s RFID market to reach $32m in 2010
Recent research from Frost & Sullivan reveals that the RFID market in Thailand was worth $16.3 million last year, and is expected to reach $32 million by 2010. “eyefortransport”
According to the Frost & Sullivan study – Thailand RFID Markets – Thailand is among the more promising RFID markets among the Asian countries, since it is the manufacturing base for many industries. Key applications for RFID include supply chain, manufacturing, and logistics, where the technology can help eliminate distance limitations, and can be applied internationally to promote trade. The country’s RFID market growth will be driven primarily by growth in manufacturing and logistics applications.
Increasing use of RFID technology presents local entrepreneurs with an early opportunity to capture this market, says the analyst of this research service. To make all this possible, awareness-raising activities and education, and training for private users and government organisations is important.
As the global market for RFID expands, Thailand is not only set to encourage the growth of the technology locally, but is anticipated to be at the forefront of the global RFID markets by 2010.
Organisations such as the National Electronics & Computer Technology Centre (Nectec) and GS1 Thailand help in this aim. The ICT Ministry is also promoting the use of RFID technology to track and trace products as part of a wider government plan to establish Thailand as a logistics hub in Indo-China.
Besides meeting the global mandates, there will also be substantial domestic demand for RFID applications in Thailand, according to the analyst. This includes tracking birds and vaccine supplies to reduce the impact of outbreaks of bird flu; tracking of food and drug items, for counterfeit/pedigree purposes, and to limit the brand damage from recall incidents, enforcing maritime port security, addressing security threats, improving government, and commercial logistics, securing e-payments through contactless smartcards.
Read MoreFour named Malaysia's best logistics service providers
Four foreign-owned companies with operations in Malaysia have been named Malaysia’s best logistics service providers in the areas of automotive, pharmaceutical, retail, fast-moving consumer goods and information technology (IT)/electronics by consulting firm Frost &Sullivan. Frost &Sullivan named Germany-based Schenker as Malaysia’s Best Automotive Logistics Service Provider in its annual 2006 Asean 4 Logistics Awards. Swiss logistics group Kuehne &Nagel AG was voted Best Pharmaceutical Logistics Service Provider, while Germany’s DHL took both the Best Retail Logistics Service Provider and the Best Fast Moving Consumer Goods Logistics Service Provider awards. The Best IT/Electronics Logistics Service Provider award was won by Japan’s Nippon Express Co Ltd. Frost &Sullivan recently honored top logistics firms in five major sectors from Indonesia, Malaysia, Singapore and Thailand at its Asean 4 Logistics Awards based on a Voice of the Customer research.
Mukhtyar estimates that the outsourced logistics market in Asean is expected to grow 9.9 per cent to 14.8 billion USD (RM54.5 billion) this year from 13.5 billion USD (RM49.7 billion) in 2005.
In Malaysia, the outsourced logistics market is expected to grow 8.3 per cent to reach a revenue figure of 3.25 billion USD (RM12 billion) this year, from 3 billion USD (RM11 billion) last year.
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