The fate of e-commerce is both thrilling and overwhelming for industry players in Africa especially for West Africa market, depending upon the fact that they are so responsive to the dynamic idea of the industry in Africa. The e-commerce market is developing quickly and there are changes that will assist organizations with development.
The push to automate warehouses and distribution centers is on ascend as more organizations search for ways to manage social distancing rules, remote workforce and other new difficulties.
A year that brought with it a whirlwind of uncertainty has likewise put a greater focus on the utilization of automation in warehouses around the world due to rising eCommerce transactions.
Corona Virus Outbreak
The corona Virus pandemic is expected to have a more drawn out and bigger effect on whole logistics industry as plant shutdowns and travel limitations in China and cross border restrictions in almost every country highly affected the supply chain movement.
Since the infection erupted on December 31, 2019, it has slaughtered almost 2,800 and afflicted more than 80,000 individuals.
Budget 2020 India: It’s Impact on transportation & logistics
Finance minister Nirmala Sitharaman delivered her Union Budget 2020-21 speech on February 1.
Higher logistics costs lead to higher export expenses, which impacts the intensity of Indian products in foreign markets. While the logistics sector is ruled by transportation, containing 85% as worth, trailed by warehousing that contributes the rest 15%, key changes in the transportation can help to significantly cut down the general logistics cost.
Consequently, the budget has accompanied various positive updates for the logistics and transport sector. INR 1.7 lakh crores of funds are allocated for logistics and transportation infrastructure including railway infra upgrade, and investments in warehousing and logistics.
Supply chain innovation is consistently developing over a decade, changes to address the issues of the worldwide supply chain, and offering huge advantages. We will take a close watch on Logistics & Supply chain Evolution happened over a decade.
The next mobility revolution is here, and it could profoundly change how you offer logistics services. It’s Known as 5G (the fifth era of mobile innovation), a wide range of smart phones, connected gadgets will see immense upgrades in speed, responsiveness, capacity, and different regions.
It will be broadly received over numerous industries, including logistics, and can possibly change how your logistics business currently works.
Before getting into the particulars of how logistics service providers (LSPs) can be benefited from 5G, it worth discovering the general advantages that it gives.
Reducing your costs, utilizing your employees and assets, and developing an environment of progress and commitment are key approaches to succeed in the present demanding business environment.
The techniques are planned in light of these objectives – to help warehouse cost savings and implement best practice for more profitability.
Utilizing them to roll out even modest improvements in the way you oversee labor, capitalize technology tools, build up continuous improvement in your corporate culture, or make better use of your warehouse space can give you a focused edge that results in a more advantageous and a more grounded position in the marketplace.
New Year, New Spirit, New Ideas and New Opportunities: Logistics Trends 2020.
While delivery may have little to do with the nature of the items you sell, it is a fundamentally significant part of customer service just as your general brand reputation.
Through out this logistics trends, to stay aggressive in the present online-shopping-crazed economy, the one central aspect numerous online businesses have the most to gain up all is in Order Fulfillment Optimization.
As far back as the eCommerce boom, the focus has been on to deliver products faster with the least errors conceivable.
What are FASTags?
FASTags are prepaid rechargeable tags for toll collection that allow automatic payment deduction from the FASTags, they are generally fixed on the windscreen of the vehicle. With the aid of a FASTag, you won’t need to stop your vehicle at toll plazas to pay the toll. When the vehicle crosses the toll plaza, the toll charges will get deducted from the bank account/prepaid wallet connected to the FASTag affixed on the vehicle’s windscreen.
An active FASTag works on Radio Frequency Identification (RFID) tech. Also, these FASTags don’t have any expiry date, that is, they can be utilized as long as they are readable at the toll plaza and are not altered.
Artificial Intelligence is now advancing our lives as consumers, presently it is picking up momentum in supply chain management and logistics. This post talks all about AI in logistics and supply chain has brought the things into picture.
AI in Supply Chain Management & Logistics
In the most recent decade, AI in logistics has come roaring out of cutting-edge labs to become something that individuals use each day without realizing it.