With the emergence of e-commerce and rising digital literacy among the consumers, the global logistics industry has been changing significantly in the recent years. Factors such as rising disposable incomes, dual-income households, and constant urbanization have encouraged consumers across both developed and emerging economies to follow upcoming logistics trends. This has further resulted in the rapid development…
As digitization takes over the world and customer expectations evolve, the transportation and logistics industry is reacting in kind and growing exponentially. New technologies, collaborative operating models and enhanced scalability have outlined this lucrative industry. While the doors remain open for emerging competition, big logistics companies like DHL, UPS, FedEx and C.H. Robinson, still rule…
With the growing adoption of e-commerce and digital literacy, consumers and companies have been increasingly outsourcing the logistics and operation of business process to 3PL companies in the USA. Outsourcing the logistics services not only help businesses in reduction of costs but also ensures them to achieve high economies of scale. 3PL companies have been…
For years, pharma companies considered drug packaging an afterthought and viewed it as a functional commodity, strictly to contain and protect medication. However, the pharmaceutical packaging landscape has been experiencing significant changes over the last several years, stemming from government regulations and technological innovations. Today, packaging not only matters, but is also quickly becoming one…
Though not as discussed as e-commerce businesses, e-commerce logistics is one of the critical aspects of every online business. In an era when quick delivery of good and services is the basic requirement to gain customer loyalty, it is critical that the logistics part be given paramount importance in strategy building and business planning. Benefits…
The hospital’s triage, operating room scheduling, and emergency medical services in healthcare industry act as regular roadblocks that demand precise planning with regards to logistics and operations research. Healthcare is one of the largest growing industries that employs optimization tools. The healthcare industry enlists the help of logistics to manage the way resources are stored, acquired…
Who would have thought that cold chains would also play a critical role in blurring the geographical divides? But if one were to read the latest report from Technavio, it will be clear that the cold chain market has taken globalization to a new level. With an expected CAGR of 12% by 2021, the global…
Technavio expects the global connected logistics market to post a CAGR of around 30% by the year 2020.
The on-demand economy refers to new economic activity created and facilitated by tech companies through digital technologies to fulfill the goods and services needs of customers. This new economy has resulted in a plethora of on-demand services, and has had some serious impact on the world of food delivery. When it comes to ordering takeaway,…
