Remove 2026 Remove Inventory Remove Omnichannel Remove Supply Chain Software
article thumbnail

Trends Transforming Logistics and Supply Chains In the MENA Region in 2023

The Logistics & Supply Chain Management Society

Trends Transforming Logistics and Supply Chains In the MENA Region in 2023. by Dr Shereen Nassar , Global Director of Logistics Studies and Director of MSc Logistics and Supply Chain Management Suite at Heriot-Watt University Dubai. billion USD by 2026. Technology and automation are major enablers towards this.

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,

Insiders

Sign Up for our Newsletter

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

article thumbnail

Consumers Are in Charge of the Digital Path to Purchase

Enterra Insights

Tom Standage ( @tomstandage ), editor of The Economist ‘s ‘ The World in 2021 ‘, writes, “The adoption of new technological behaviors in response to the pandemic, from video-conferencing to online shopping, means usage has already reached levels that were not expected for many more years.”[1] Cognitive Technology and E-commerce.

article thumbnail

Running Seamless 3PL Operations in the Midst of Supply Chain Chaos

Turvo

Third-party logistics, or 3PLs, help outsource business operations such as supply chain and logistics. trillion by 2026 due to the COVID-19 epidemic. But there are many challenges faced by 3PLs today, especially with the uncertainties created with COVID, like canceling flights, reduced global supply chain capacities, etc.

3PL 87
article thumbnail

Retail Apocalypse Predicted to Continue

Enterra Insights

Howland reports, “[UBS] analysts’ best case estimate is for 75,000 stores to collectively shutter by 2026, if e-commerce penetration rises from today’s 16% to 25%.” We need to bring digital technology into the store to truly transform the customer’s experience.”

article thumbnail

Only as Good as Your Data: Why Supply Chain Digital Twins Require Real-Time Data Unification

ToolsGroup

But here, we’ll be talking about supply chain digital twins. A supply chain digital twin is a complete model of your supply chain that allows you to run what-if scenarios and determine the most efficient use of resources for fulfilling demand. Get the insights you need.

article thumbnail

Key Trends and Themes for Supply Chain and Logistics in 2024

SCMDOJO

In 2024, the logistics and supply chain industry will continue its transformative journey, driven by technological advancements and growing consumer expectations. As companies move forward, they must be open to new technologies and adaptability to remain competitive. And we know that numbers don’t lie.