IBM has announced that it's collaborating with some of the world’s biggest food companies in a groundbreaking trial which will use blockchain - the ledger system which underlines global cryptocurrency Bitcoin - as means of trying to improve food safety.
Logistics management can be rewarding, satisfying, and lucrative – but for companies and consumers alike, it’s still only a means to an end. The end is profit and happy consumption. And in 2018, the logistics industry will confront many challenges in delivering both. Here’s why:
Nearly 80% of organisations are concerned with disruption and competitive threats, especially from new digital-savvy entrants, a new study by Accenture has found.
Tencent is seeking more avenues for its 980 million WeChat users to shop and spend.
While the China government’s proposed overhaul of China’s logistics industry may not directly affect the heavy and over-sized cargo transportation sector would not be directly affected, there could be significant consequences.
When supply chain managers examine the global third-party logistics (3PL) marketplace this year, many industry analysts suggest that they take a “granular” view.
The e-commerce industry is growing at an incredible rate, according to Route4Me. Consumer expectations are growing as well. A decade or two ago, people were happy as long as their orders got to their house within a day or two of the scheduled arrival date. Now, people expect retailers to offer next-day or even same-day shipping. Also, they like being able to track their orders through every stage of the delivery process.
As online shopping, or e-commerce, becomes an ever-growing piece of holiday retail sales, so, too, does the commensurate returns, or, reverse logistics, activity. That outlook becomes even more clear, when considering that retailers’ efficiency in limiting and handling returns bought online could be as much as $32 billion in 2017, according to recent research published by industrial real estate firm CBRE.
Barely a week goes by without a new development in the world of autonomous vehicles. The technology is accelerating at an amazing pace, and vehicles have already hit the roads.
Drones, robots, online marketplaces, digital forwarding, enterprise technology, the Internet of Things (IoT), big data, and analytics — not since the dawn of the dot-com era has the business-to-business sector been flooded with so many technology models that promise to be transformative for transportation and logistics providers.