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, here are the top 5 emerging trends in the supply chain logistics Industry you need to know in 2021.

1. Block Chain :

In 2019, worldwide spending on blockchain solutions was at 2.7 billion; before 2022, this number is expected to climb all the way to 11.7 billion (DHL and Accenture, 2018).

Blockchain has been one of the most steadily increasing industry-reshaping global logistics trends through the last few years, and its rise shows no signs of stopping.

2. Warehouse Automation :

Warehouse automation market will grow at a CAGR of 12.6% over the next five years, making automation one of the leading trends in logistics and supply chains in the foreseeable future (MH&L, 2019).

Warehouses are cutting costs by boosting their productivity and efficiency with pick and place technologies like robotic arms, automated guided vehicles (AGVs), and automated storage and retrieval (ASRS) (StartUs Insights, 2021).

3. Sustainable Supply chain management :

The buying consciousness of the modern consumer is changing. Sustainability is now a top concern of buyers and companies alike, with many buyers pushing for more transparency into supply chains and rewarding brands who showcase their progressive political stances and green behavior.

4. Last Mile delivery :

The World Economic Forum anticipates that by 2030, 60% of the earth’s population will live in cities (World Economic Forum 2020) . This number is set to increase to 70% by 2050 (The World Bank 2021).

Coupled with growing e-commerce needs, expanding urbanization means that a major transportation and logistics industry trend will be last-mile delivery initiatives (Mordor Intelligence, 2021). Last-mile delivery costs account for more than half of companies’ overall logistics costs (Mordor Intelligence, 2021).

5. Cloud Computing :

Cloud computing is one part of the thriving global digital logistics market. The global digital logistics market is set to grow 21.7% annually between 2020 and 2025, at which point it will be worth US$ 46.5 billion (Malhotra, 2021).

As the logistics and supply chain industry digitalizes in the coming years, cloud-based software-as-a-service (SaaS) solutions will become an integral part of logistics companies’ IT infrastructures. Cloud-based logistics solutions minimize communications hurdles.

Conclusion :

Logix Platform’s innovative cloud-based logistics software is capable of managing your whole logistics and supply chain operations with ease. LogixERP is fully capable of handling all aspects of your logistics business from automating operations to automating billings and accounting, invoicing and optimizing business workflows. It also comes up with e-commerce and carrier integrations to enhance your business experience.

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.

1. Growing cross border E-commerce Market :

In the grand, global scheme of things, the international cross border e-commerce market surpassed the €881 billion ($994 billion USD) mark in 2020.
Market research firm Niesel revealed in a recent worldwide study that at least 57% of individual shoppers have made a purchase from an overseas retailer in the last 6 months.

This evidence suggests that has a positive impact on the businesses from whom they are buying 70% of retailers confirmed. Asia- Pacific has gained a significant growth with 62.6% share, over North America and Western Europe, who are expected to have shares of 19.1% and 12.7% respectively.

2. Expected growth in next 2-5 years :

According to the research study, the global cross border E-commerce market size was estimated at USD 780 billion in 2020 and is expected to reach USD 4820 Billion by 2026, at 27% CAGR through 2027.

Growth in Cross border ecommerce is opening up several new opportunities for logistics service providers. As in the next 5 years, a continuous adjustment in services offering is imperative for participants to meet the changing preferences of e-commerce companies and end consumers.

3. An easy access to get into this scope (Business process) :

The Explosive growth of cross border e-commerce is supported by the increasingly young and urban population of below regions with easy access to technology such as mobile phones and tablets.

North America : Canadian e-commerce retailers are considering outsourced fulfilment options to expand to cross-border and other international markets.

South America : The USA remains the most preferred destination for cross border e-commerce. However, the share is being cannibalized by China, supported by a growing preference towards chinese goods.

Europe : Mobile penetration in Europe is high, and more than 54% of the retailers expect mobile to be the potential source of order placement by cross -border eCommerce consumers.

The Middle East and Africa : The cross border e-commerce market in the region is comparatively small, but with high internet penetration and excellent infrastructure in the Middle East, cross-border e-commerce is set to grow at an exponential rate during the forecast period.

Asia-Pacific region : Last mile deliveries in rural areas remain a major challenge for logistics service providers; those with expertise in express delivery will partner with cross border retailers and set up distribution centers for quick deliveries.

Use Case and Summary

LogixGrid has come up with the solution for one of our customers who is finding it challenging since there was a large network with multiple carriers across borders. We have offered a global customer portal and API integrations platform where this customer could easily route the shipments to the particular carrier, update tracking information and complete the process.

If you are looking for the best eCommerce Logistics Software to improve and grow your eCommerce business, get access to eComGlobus, an All-in-One eCommerce fulfillment platform with various eCommerce benefits features that will support you to manage your warehouse operations, shipping, fulfillment, procurements, last-mile delivery, return and refund management.

Logistics is an important industry in Oman and plays a critical role for many businesses in the sultanate. Oman logistics industry is competitive and is lead by multinational companies through to smaller national freight forwarders. Oman logistics industry is forecasted to grow by 7% by 2020.

The goal now is to leverage technology as a disruptive enabler, build human capacity across the public and private logistics industry, and drive operational efficiencies to build an integrated logistics business environment that is benchmarked against the world’s best. Oman’s 2,092-km coastline and strategic location have made it a key destination and transit point for trade for centuries. Situated on the eastern edge of the Arabian Peninsula, Muscat has historically been the first point of contact for traders travelling between Asia, the Indian subcontinent, and the Arab world.

Role of IIC in lifting Oman Logistics Industry

From the introduction of blockchain in international shipping operations and the use of big data in aviation through to the development of new transport solutions by local haulage companies, the Knowledge Economy and the new technologies of the Fourth Industrial Revolution offer incredible opportunities for innovatively-minded industries in the logistics sector,” he added. “IIC looks forward to working in this exciting and highly competitive business environment with the teams and companies powering OLC’s progress as well as the new businesses entering this fast-moving sector.

In order to build the innovation capacity of the logistics sector, in July 2019, the OLC signed an agreement with the Industrial Innovation Centre (IIC), Oman’s national organization for industrial innovation tasked with developing the Sultanate’s industrial innovation ecosystem and enabling the industry to capitalize on techno-entrepreneurship, innovation, technology transfer, and the knowledge economy.

Noting the importance of the logistics sector as a contributor to Oman’s GDP, source of job creation and investment opportunity, Dr. Abdulaziz Al Hashmi, director of the Linking & Building Capacity Program said: We’re delighted to be collaborating with Oman logistics industry in developing the innovative capacity of this key pillar of the Sultanate’s economic growth and success.

Use Case and Summary

LogixGrid has come up with a solution for one of our customers who is finding it challenging since there was a large network with multiple carriers across borders. We have offered a global customer portal and API integrations platform where this customer could easily route the shipments to the particular carrier, update tracking information and complete the process.

Logix Platform’s innovative cloud-based logistics software is capable of managing your whole logistics and supply chain operations with ease. LogixERP is fully capable of handling all aspects of your logistics business from automating operations to automating billings and accounting, invoicing and optimizing business workflows. It also comes up with e-commerce and carrier integrations to enhance your business experience.

Egypt logistics industry and its economy is evolving as one of the major trading nations and creates a wide range of opportunities for the logistics service providers. According to the World Bank, Egypt has witnessed a huge surge in the logistics performance index (LPI), which improved 13 spots in 2016, from 62nd position in 2014. Many companies plan to shift their production line or expand the existing production line in the country due to commendable transformations in Egypt logistics sector.

Further, the government aims to make the country a production and distribution hub to serve Europe and the Middle East and Africa, and Egypt Vision 2030 entitled economic development as a major segment, which includes the development of the transportation infrastructure. The increasing market penetration of companies and construction activities are expected to create a demand for project and contract logistics.

Government initiatives for Egypt Logistics Sector

Due to its strategic geographical location and proximity to Europe and the Middle East & Asia, Egypt has strong trade relations through its ports. For instance, 8%-10% of the global cargo passes through the Suez Canal, which creates a huge demand for logistics services, warehousing, and storage operations. The government of Egypt has been undertaking initiatives to make the country a global logistics hub and is encouraging foreign investments in various sectors most of the freight in Egypt logistics sector is carried through roads, which has driven the government to focus on the maintenance of road infrastructure.

The logistics sector is expected to benefit from the transport infrastructure projects proposed by the government. Egypt logistics & transport infrastructure is in relatively good condition when compared to its neighbouring countries. Most of the transport routes are concentrated in Cairo and follow settlement patterns along the Nile. The transport network is supported to a great extent by inland water connections and a comparatively good rail network. The geographical location of Egypt’s ports lends it an importance in the maritime shipping sector. Moreover, the Suez Canal, which is one of the world’s five strategic chokepoints defined as a narrow strait through which an overwhelming amount of the world’s oil flows, is driving the export of oil and raw materials of Egypt. The growth of the tourism sector led to the development of several airports in Egypt in recent years.

Frequent flights within the country and ongoing improvements to the air infrastructure are expected to increase the capacity and efficiency of cargo. This is expected to drive the transport and logistics sector. Roads in Egypt carry the highest amount of freight (more than 50%), which have been maintained well. This allowed the freight and logistics market to remain profitable in the country. Though Egypt logistics & transportation infrastructure is better than most of the rest of North Africa (and Africa in general), it still suffers from high logistics costs. For example, according to industry sources, the logistics costs account for 33% of the total retail price of a product on average. This share is very high when compared to developed countries, such as the United States.

For example, in the United States, the transportation and logistics costs were valued at around 7.5%, which is more than four-fold lower expenditure than that of Egypt. The lack of proper visibility into the supply chain, improper asset utilization, and inefficiency in logistics operations are contributing to the high logistics costs in the country. Egypt logistics along with major industries are expanding healthily, along with rising domestic confidence, as seen from the increasing sales of fast-moving consumer goods. While there is a growth trend for exports of chemicals, textiles, and food products, particularly to East and Southern Africa, the businesses are still eager to witness significant growth.

The 3PL market in the country is witnessing steady growth, with increasing demand for logistics outsourcing. However, as the requirements from customers are increasing, the 3PL service providers in the country are facing challenges in their operating environments. Supply chain visibility, supply chain collaboration, and supply chain optimization are some of the important issues being faced by 3PL companies.

Use Case and Summary

Logix Platform’s innovative cloud-based logistics software is capable of managing your whole logistics and supply chain operations with ease. LogixERP is fully capable of handling all aspects of your logistics business from automating operations to automating billings and accounting, invoicing and optimizing business workflows. It also comes up with e-commerce and carrier integrations to enhance your business experience.