Remove 2030 Remove Data Remove Procurement Analytics Remove Third Party Logistics
article thumbnail

Bringing Order to Chaos: Last-Mile Delivery Costs and How to Reduce Them

Locus

Say you purchase your coveted gadget online, eagerly tracking its journey from warehouse to your welcoming hands. Customer satisfaction and keeping costs in check rests on optimal last-mile delivery operations. In 2021, a wide range of major product categories saw online purchase returns, with rates varying from 8% to 88%.

article thumbnail

Top 10 Logistics Trends That Could Impact Supply Chains in 2022

Locus

Demand for last-mile delivery is soaring and is expected to grow by 78% globally by 2030.- The driver shortage in the US could surpass 160,000 in 2030 and it was estimated to be around 80,000 this 2021. The logistics of goods breaks down when there are no drivers, and the pandemic has given us glimpses of it.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Seeing Beyond the Firewall

Supply Chain Shaman

The supply chain is safely tucked behind the firewall, operating on data that is late and out of sync with the market. With strong Indian outsourcing capabilities, they are pushing the automation of processes through labor arbitrage strategies for cheap labor for manual data manipulation. In 2004 Compuware purchased Covisint.

article thumbnail

Owned Vs Outsourced Fleet: What’s Best for Your Fast Retail Business

Locus

This figure is expected to climb up to a staggering number of 162,000 by 2030. Coupled with a rise in operational costs, hiring, training and managing drivers has become arduous for businesses. To build an in-house fleet, it is necessary to have enough capital to purchase or lease needed vehicles. Data security.

Retail 52
article thumbnail

50 expert tips on logistics planning and strategy

6 River Systems

Implement supply chain actions, including with internal procurement teams, with suppliers and through broader collaboration, and develop measurable targets for these efforts. At the very least, they should see a message indicating that the products are out of stock before they make the purchase. This is just good customer service.

article thumbnail

Global Ecommerce: Size, Growth & Where to Start [2022]

ShipBob

This enabled secure data transmission between two parties, thus setting up the foundation for modern ecommerce. One of the trends fueling this growth is the Buy Now, Pay Later (BNPL) system, which enables shoppers to enjoy short-term financing for their ecommerce purchases. trillion by 2025, according to eMarketer.

Global 52