Role of AI Logistics in Ecommerce

The Role of AI-Powered Logistics in E-commerce

Today, E-commerce has entirely revolutionized retail. It has significantly influenced the buying behavior of customers across the globe and pushed retailers to sell online owing to the tremendously rising competition. According to Statista, 21.8% of the World’s population buys online, and in 2021, the number is expected to rise to over 2.14 billion. Logistics is an indispensable part of E-commerce and plays a major role in the way the industry operates.
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ECommerce Logistics trends

Top 5 Key Trends of eCommerce Logistics to follow in 2021

Ecommerce has become an essential part of the global retail framework in recent years. Like many other industries, the ecommerce landscape has changed dramatically since the outbreak of the COVID-19 pandemic. According to Shopify, at the height of the pandemic, 10 years of eCommerce growth happened in just 90 days. Statista reveals that over two billion people purchased goods or services online in the same year.
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Top 5 transportation and logistics industry trends in 2021

Top 5 Transportation and Logistics Industry Trends in 2021

Digital transformation in the Logistics and Transportation industry is extremely fast-paced. Consumer expectations around product delivery and speed are growing manifold, especially in a COVID world where a majority of purchases are being made online. This is putting immense strain on how logistics and transportation service providers manage their supply chains and embrace trends that aim to optimize warehouse operations and fleet management as well as reduce the overall cost of freight.
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7 Rs of logistics

Importance of 7 R’s in Logistics and Supply Chain Management

7R’s or 7 Rights plays a significant role in the backing of supply chains and international logistics. Every organization wants to excel in its functionality. They want the work to be done with optimal utilization of resources. Supply chain management corresponds to the management of products & services from the point of production to the end-user. It includes planning, designing, implementing, managing, and tracking supply chain activities.
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Strong Demand for Warehouse 2021

Strong Demand for Warehousing in 2021

The warehousing, which comprises around 10% of the overall logistics cost, has a significant impact on optimizing the remaining 90% that includes transportation, inventory management, material handling, packaging, etc. Analysis points out that the industry is growing at a CAGR of 10.5% and is further expected to rise with the Covid-19 vaccine distribution.The warehousing and logistics industry had an admirable run last year as Covid-19 forced businesses to focus on continuity plans and supply chain constraints.
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Third Party Logistics

Most 3 valuable services that 3PLs could offer for eCommerce order fulfilment process

A significant portion of a business’s day-to-day operations involves fulfilling customer orders. The order fulfillment process begins when the customer places an order and ends when the order arrives at their doorstep. When a business grows beyond its capability to manage order fulfillment in-house, it might be time to consider outsourcing certain functions to third-party logistics companies (aka 3PL services).
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Supply Chain trend

Top 5 Emerging Logistics & Supply Chain Trends in 2021

Recent years have seen massive advancement for the logistics and supply chain industry in areas like artificial and augmented intelligence, advanced analytics, and automation, to name just a few. Companies within the logistics and supply chain sphere must continue getting ready for all of these bigger changes with innovations from automated warehousing technology to last-mile delivery solutions.
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Overcome Challenges Of Ecom Global Business

How to Overcome the Challenges of Taking Your eCommerce Business Global?

It’s no secret that we’re living in the era of international commerce. Global eCommerce business sales have increased substantially year over year, with estimates predicting that global retail eCommerce sales will crack $11.08 trillion by the end of 2021. Research on cross-border eCommerce business suggests that companies can boost their sales by an average of 10-15% by extending sales to international customers.
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Cross Border E-Commerce

The Revolution of Cross Border E-commerce – Result growth and upcoming Scopes

The transportation and logistics industry faced plenty of challenges this past year due to new customs/border regulations as well as a pandemic. Cross border e-commerce has made import and export easier than ever before as the stock is supplied when the demand arises helping the e-commerce market to grow.
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Union Logistics Budget

The union logistics budget 2021 and its impact on Indian Logistics

Many Logistics companies are pleased with the logistics budget that was in line with their expectations. However, the industry is waiting to see the results of these measures in their field of work. The union budget 2021-22 presented by finance minister Nirmala Sitharaman in the parliament increased the infrastructure spending significantly with focus on New Economic Corridors, improved roads.
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