Remove 2026 Remove Innovation Remove Inventory Remove Shipping
article thumbnail

The Quietly Growing Conundrum of Online Returns

Logistics Viewpoints

As online shopping continues to grow – retail e-commerce sales are expected to make up nearly a quarter of total retail sales worldwide by 2026 – returns will become more prevalent. The process is inefficient and unpredictable, and leaves retailers with used inventory that oftentimes cannot be resold. In the U.S,

article thumbnail

Air Cargo is Gaining Momentum in 2023

American Global Logistics

billion in 2026. Reduced Inventory Costs : The speed of air cargo allows businesses to exploit lean inventories. Air Freight’s Technological Innovations Integrating technology into air cargo operations is another noteworthy trend shaping the industry. In particular, growth and innovation are defining air cargo in 2023.

Cargo 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Key Trends and Themes for Supply Chain and Logistics in 2024

SCMDOJO

One interesting fact is that companies that adopt digital transformation and supply chain innovation can expect operational cost savings of up to 30%, according to a recent McKinsey study. As a result, it can help logistics companies to optimize inventory levels, reduce waste, and minimize the dreaded stockouts. billion by 2026.

article thumbnail

Cross border eCommerce: How viable is the model for Indian consumers and retailers

Vinculum

Technological advancements, breakthrough innovations, the introduction of endless eCommerce platforms have paved the way for this transformation. The Indian eCommerce market is expected to grow to $200 billion by 2026 from $38.5 All You Need to Know About Cross border eCommerce and Indian Customers, and Retailers. billion in 2017.

article thumbnail

Logistics Bureau Supply Chain and Logistics News Roundup, July 2022

Logistics Bureau

Lenovo’s innovative sustainability work with Maersk. However, emptying the contents of silos into the holds of ships is only one small part of the problem. If the war in Ukraine encourages companies to stockpile inventory, it is only the latest of several factors driving divergence from the once-dominant lean supply chain model.

article thumbnail

Migrating from Legacy ERP to Cloud-Based ERP and Its Impact on Data Collection Software

RFgen

These innovation leaders are driving the public-cloud ERP market to an estimated $73 billion by 2026. Automated data collection systems are vital for effective inventory management , logistics, and overall operational efficiency.

article thumbnail

Guide to warehouse robots: types of warehouse robots, uses, navigation & more

6 River Systems

Types of warehouse robots Industries that use warehouse robots How warehouse robots navigate the warehouse Uses for warehouse robots Types of warehouse robots The warehouse robotics industry includes several types of warehouse robots, serving a variety of purposes and functions such as order picking and moving inventory throughout the warehouse.