Ahead of the World Mail & Express Asia (WMX Asia) Conference in Hong Kong, we caught up with Francisco Miranda, Director, China Asia Business Development at Correos. Francisco will be speaking at WMX Asia 2019 and offers his thoughts on the conference and the future of the industry.
WMX – Tell us a little bit about yourself and your company.
FM – With nearly 30 years in the postal business (half of which in the international side of it), I have been leading the China e-commerce flows with Correos, the Spanish postal operator. Correos, together with Kerry Logistics and Global Freight Systems China Ltd, have recently created a joint venture to cater to the needs of those who search for a different way to approach China cross border e-commerce!
WMX – What will you be speaking about at WMX Asia this year?
FM – I will be speaking about the e-commerce past and present main trends, thus trying to unveil the future of e-commerce.
WMX – What do you hope our delegates will take away from your presentation?
FM – To realize maybe the spotlight is not addressing the right area.
WMX – What do you feel are the biggest challenges facing your business today?
FM – This is an ever-changing world and everyone is looking for the right answer, where, as of today, price is the key driver.
WMX – What is the biggest challenge in the post and parcel industry at the moment?
FM – The decline of mail and how to adapt to the new parcel environment.
WMX – Why is the Belt and Road Initiative so significant for global retail and their logistics partners?
FM – It is changing the global logistic network, shortening the distances from what were first considered “remote” areas.
WMX – Do you envision similar environmental restrictions being placed on inner city logistics in Asia like we have seen in Europe (introduction of clean air zones etc.)?
FM – With time, it will come. In fact it is already happening.
WMX – What are the distinct differences between Asian e-Commerce and Western e-Commerce?
FM – The capacity to generate goods at very low rates and the agility to change and reshape entire business models to adapt to other needs.
WMX – What challenges do you foresee for the logistics industry given the rapid urbanisation of large parts of Asia?
FM – Not challenges but opportunities. Products that had no future in more mature markets like EU or US will be sold again. Weak logistics networks will be reshaped and stronger. New markets, and therefore selling opportunities, unfold.