Digitalisation of Logistics Industry and its Impact

20Cube Logistics

during 2018-2023, reaching a value of US$ 1,374 Billion by 2023. The software allows inventory receiving and put-away, optimises shipping of orders and coordinating with material handling devices and yard management. GPS (Global Positioning System) is another tracking technology that is doing wonders for freight forwarding industry. Digital Logistics Freight Forwarding Logistics Ocean Freight Supply Chain Management Technology

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Capitalising on Supply Chain Digitisation with Robotic Process Automation – 10 Areas of Opportunities – LogiSYM August 2020

The Logistics & Supply Chain Management Society

Gartner estimates that by the end of 2022, 85% of enterprises will have some form of RPA implemented in their business and Forrester calculates the RPA market will exceed a 50% CAGR by 2023, going from roughly $500 million to $2.8 Inventory Management. Freight Management.

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New Automotive Technologies Threat Your Long-Term Visibility

DynaSys

To go even further, the top 12 OEMs will launch 182 new electric vehicles nameplates by 2023. In order to make the right decisions, organizations need to have supply chain visibility to ensure sustainability, but also to optimize their inventory levels, margins and capacities. The automotive industry is evolving. New disruptive technologies are changing the way automotive companies are planning scenarios in the future.

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.

International Ecommerce Selling: 6 Factors to Consider Before You Get Started

ShipBob

In 2023, it’s estimated to reach $6.5 To sell internationally online, you can be at home, but you’ll still need to optimize your supply chain including moving inventory and fulfilling orders. This may help you find solutions to reduce shipping costs , such as storing inventory closest to your customers — or determine that certain international markets are not feasible for you unless you increase your average order value. . “We

The Ultimate Guide to Beer Profit Margins & More

Unleashed

By 2023, 45% of spending in the beer industry will be attributed to out of home spend, namely in bars, pubs and restaurants. By 2023, 73% of spending will come from out of home consumption. from 2020 to 2023. grew their brewery using inventory management software. by 2023.