Continental Releases White Paper on Intelligent Logistics Helping to Reduce Costs and Improve Efficiency

First white paper on intelligent logistics: placing focus on the development of China's logistics industry

Focusing on the intelligent upgrading of warehousing,helping logistics to reduce their costs and improve their efficiency

Ushering in a new chapter for logistics,spearheading a new era of logistics

SHANGHAI,Oct. 16,2019 -- Technology company Continental has released its white paper titled "Spearheading a New Era of Intelligent Logistics -- Joining hands with Continental for a win-win future in logistics",focusing on the development of China's intelligent logistics. Based on the analysis of social,economic and policy factors,the company stresses that the intelligent development of warehousing is one of the most effective ways to reduce costs and improve efficiency of China's logistics industry. Over the years,Continental has been staying focused on China's logistics market and implementing the localization strategy of "in the market for the market",striving to serve the market based on its knowledge of the market. The release of the white paper once again shows that Continental is dedicated to earnestly carrying out its localization strategy. For the first time,Continental states its industry perspectives on logistics in the white paper.

In recent years,China's logistics industry has achieved remarkable results in reducing costs and improving efficiency.

First white paper on intelligent logistics: placing focus on the development of China's logistics industry

Owing to socio-economic development,the scale of China's logistics market has been expanding steadily. However,there is still a gap in logistics efficiency between China and developed countries. In 2018,the total cost of China's macro-logistics accounted for 14.6% of the country's GDP,while that in developed countries is only half of that in China. In recent years,China has introduced an array of policies to guide the efforts in reducing costs and improving efficiency in logistics. In 2016,the National Development and Reform Commission promulgated the Special Action Plan for Reducing Costs and Improving Efficiency in the Logistics Industry (2016-2018).

In 2017,the State Council issued the Opinions on Further Promoting Cost Reduction and Efficiency Improvement in Logistics and Promoting the Development of the Real Economy. With the rapid development of the Internet of Things and big data technology,the intelligent upgrading in logistics is now in full swing. According to the China Intelligent Logistics Development Report released by Deloitte in 2018,China's intelligent logistics market will exceed 1 trillion yuan by 2025.

Continental has been focusing on China's logistics industry. Leveraging years of experience in the in-depth development of the Chinese market,the company has published its industry white paper on intelligent logistics to share practical ideas regarding reducing costs and improving efficiency in the logistics industry. In the next few years,Continental will continue to implement its strategic plan for logistics,and will be committed to providing excellent industry solutions for customers in China's logistics industry.

High quality lifting belt guarantees running speed.

Focusing on the intelligent upgrading of warehousing,helping logistics reduce costs and improve efficiency

As a key part of the modern logistics chain,warehousing costs the most of the owners of goods. Many companies choose to control the overall expenditure on logistics by reducing warehousing costs. Thanks to technological developments,various intelligent logistics equipment have emerged in response to demand and have been widely used in warehousing. Many companies use intelligent equipment to realize automatic and unmanned operation in warehousing in order to improve the efficiency of logistics. In the white paper,Continental says that warehousing has the highest rate of return on investment in terms of cost reduction and efficiency improvement,and states that to reduce costs and improve efficiency,the logistics industry should place focus on the intelligent development of warehousing.

In the white paper,enterprises promoting the intelligent development of warehousing are divided into logistics companies,e-commerce giants and leading manufacturers. Furthermore,typical cases are introduced according to the priorities and goals of different kinds of enterprises in the intelligent development of warehousing,including the SF Automatic Warehousing and Sorting Center,the Cainiao National Smart Network of Warehousing and Distribution,and the Huawei Songshan Lake Supply Chain Logistics Center,to provide reference for companies in the intelligent development of warehousing.

Ushering in a new chapter for logistics,spearheading a new era of logistics

In its white paper on intelligent logistics,Continental systematically reviews the social,economic and policy factors driving the development of logistics in China,illustrates the effective practices of reducing costs and improving efficiency in logistics,and gives a picture of the development trend of intelligent logistics by analyzing typical cases.

Hans-Jurgen Duensing,Member of the Executive Board of Continental AG,explains: "Logistics in the future will incorporate warehousing and delivery processes,while being fully automated,interconnected and flexibly adapted to the requirements of customers. Continental products are an indispensable part of the smooth material and goods flow - from light conveyor belts and timing belts for automated storage and retrieval systems right up to lines,power transmission technology and vibration dampers in forklift trucks." In the future,Continental will continue to invest in logistics and fulfill its commitment of "in the market for the market."

Continental develops pioneering technologies and services for sustainable and connected mobility of people and their goods. Founded in 1871,the technology company offers safe,efficient,intelligent,and affordable solutions for vehicles,machines,traffic and transportation. In 2018,Continental generated preliminary sales of EUR44.4 billion and currently employs around 244,000 people in 60 countries and markets.

ContiTech is one of the world's leading industry specialists. The Continental division offers its customers connected,environment-friendly,safe and convenient industry and service solutions using a range of materials for off-highway applications,on rails and roads,in the air,under and above the ground,in industrial environments,for the food sector and the furniture industry. With around 47,000 employees in 42 countries and sales of some 6.3 billion euros (2018),the global industrial partner is active with core branches in Asia,Europe and North and South America.

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