article thumbnail

Customer-Centricity: The Secret To Success on ONDC Platform

Locus

Given that this revolutionary platform is still in its early stages, it remains to be seen how to effectively capture the immense scope of business opportunities. For access to all the insights, watch the complete webinar on demand here ! What is ONDC all about? And ONDC is one such attempt. Watch the webinar here!

article thumbnail

Dangerous Savings: 6 Cost Cutting Supply Chain Strategies That Will Cost You in the Long Term

Locus

With the global last-mile market projected to hit the $200 billion mark by 2027, according to Statista, the financial impact of managing last-mile delivery is undeniably significant. Although these outdated management tools may seem cost-effective initially, they could lead to substantial long-term costs.

Insiders

Sign Up for our Newsletter

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

article thumbnail

The Evolution of Logistics: Connectivity, Data Integration, and Virtual Design

SCMDOJO

The Role of Digital Technology in Logistics Digital technology emerged with the first commercial computers in the mid-20th century. Other developments like transistors, integrated circuits, and personal computers paved the way for the rapid advancement of technology.

article thumbnail

Nike’s Flawed Online Strategy and Lessons Learned

Supply Chain Matters

Subsequent Supply Chain, Organizational and Technology Related Changes Supply chain teams were tasked with producing a direct-to-consumer, global supply chain process. That included support elements from a Nike customized order application to “ demand sensing ,” “ insight gathering ,” and a new “ global wide inventory management system.”

article thumbnail

6 Customer Service Examples To Maximize Customer Loyalty

ToolsGroup

In fact, the global skincare and cosmetics market is expected to reach US$89,550 million by the end of 2027. Image source: National Retail Association. Image source: Twitter. When the platform encounters any outages or bugs, the company doesn’t wait for complaints to flood in. Image source: Ikea.

article thumbnail

Everything You Want to Know About Supply Chain Management

Shipsy

All thanks to the technological innovations as well as modernization in the supply chain industry. To manage these processes, earlier businesses used to follow traditional ways, which resulted in increased supply chain cost and high manpower demand. dollars by 2027. billion U.S. This number was 15.85 billion U.S.

article thumbnail

EPA and White House Set Revised CO2 Targets for Automakers

QAD

Recent media reports have suggested that the White House has been contemplating responding to political and industry feedback by potentially delaying the stringent EPA fuel economy regulations initially set for 2027-2032. For OEMs , the aggressive timeline for adopting new technologies and adjusting production plans remains the same.