F I D I S E RV ICES KNOWLEDGE IS POWER FOR OUR COMMUNITY Up-to-date statistics give us an invaluable indicator of where an industry is headed and help companies make strategic decisions for future success. FIDI is collating data that will give Affiliates an overview of the state of the international moving and relocations business. But, writes Marie-Pascale Frix, FIDI Business Intelligence Manager, we will need your help I MARIE-PASCALE FRIX, FIDI BUSINESS INTELLIGENCE MANAGER n todays world of globalisation and fast-growing competition, knowing where we stand as an industry and where we should be heading is vital to the success of any business. Without such insight, it is difficult to take informed strategic decisions for the best long-term interests of ones company. Did you know, for example, that the estimated size of the relocation market is US$15.8bn for North America, US$6.2bn for Europe, US$4.8bn for Asia Pacific, US$2bn for Middle East and Africa, and US$1.8bn for Latin America (source: Beroe Inc 2019 report on employee relocation management)? Did you also know that 36 per cent of the FIDI network has taken the decision to expand geographical coverage to other countries (multinational office locations) to respond to the relocation industry globalisation trend? (see http://portfolio.cpl. co.uk/FIDI-Focus/278/14/) Have you ever wondered where your company stands on the worldwide market, compared with your competitors? How your business set-up, results and strategies compare with those of your business partners and agents? FIDI can help you answer these questions by analysing the FIDI network market and extrapolating trends for our industry. Our network is an important global source of information, as it consists of more than 600 affiliated companies, in DID YOU KNOW, IN THE FIDI NETWORK: 72% were asset-based four years ago, compared with 81% 10 years ago 10 to 15 years ago, the average moving activities ratio was: l 7% cross-border l 17% storage l 35% intercontinental (average revenue of US$2,975 per move) l 41% domestic Average claim ratio per FIDI Affiliate over a three-year period 8% 7% Up to three years ago, a FIDI Affiliate had, on average: l 78.5% operational staff (+ three years) l 12.2% of subcontracted staff l 78.1% of trained staff Up to three years ago, 48% of the FIDI population had invested in external IT tracking systems FIDI population - % warehouse space v total space (period 2013-2015) 76% 80% 61% 62% 60% 60% 41% 6% 40% 6% 4% 4% 20% 6% 0% 2% Africa 0% 2002-2004 2013-2015 FF296 AprMay20 pp56-57 FIDI Services.indd 56 Europe North America Oceania South America 2015-2017 The average claim ratio dropped from 7% to 4% in a 10-year timeframe 56 Asia Up to five years ago, Europe had the smallest warehouse space allocation WW W. F I D I FOC U S . OR G 31/03/2020 08:58