Digitalisation of Logistics Industry and its Impact

20Cube Logistics

during 2018-2023, reaching a value of US$ 1,374 Billion by 2023. Traditional process involving making calls and faxes to start a shipment order were not only a slow process but also lacked end-to-end visibility and up-to-date information to customers in tracking their cargo movement. This results in optimised routing and scheduling of the cargo movement. IT helps to gather data about the cargo and push it automatically to the platform.

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36 innovative companies re-inventing and rethinking supply chain and logistics

6 River Systems

Adidas @adidas Adidas is expected to move nearly 20% of its production to more automated factories by 2023 , many of them potentially proprietary. In higher-traffic markets, Advance Auto Parts has “hub” stores that keep more inventory in-stock to give customers what they need when they need it. Bed Bath & Beyond is also implementing inventory reduction strategies and is on track for a 5% reduction year-over-year by the end of the current fiscal year.

Transportation TIP List: Week of April 7th, 2019

Transplace

And with both passenger and cargo wait times seeing significant daily increases at multiple entry points, this week’s TIP List has the latest news to keep you up-to-date on the current situation and breaks down the potential overall impact of this event on the industry. Recent threats from Donald Trump to “close” the border means Mexican companies are rushing to get cargo into the U.S., increase – on devices between 2017 and 2023.

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