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In an era of rapid digitalization, consumer buying behavior continues to evolve, and the retail and e-commerce industries are no exception. Modern customers expect swift, personalized delivery experiences, and if retailers fail to meet these expectations, they risk losing business. As the US retail e-commerce market is projected to surpass $1.5 trillion in revenue by 2027, according to Statista, it’s clear that retailers must adapt to stay competitive.
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Joe Lynch and Chris Pickett discuss what’s next for the freight market. Chris is the Chief Operating Officer at Flock Freight , a technology company that is on a mission to solve the US trucking industry’s wasted capacity problem. Chris is also the Lead Market Analyst at Pickett Research, LLC – an independent market research firm focused exclusively on the dynamics that drive US truckload freight rates.
It’s one of those Fridays, where I’m running short on time, so I’ll just jump straight to the supply chain and logistics news that caught my attention this week: Welcome to the Carbon Tax Trade Wars Remember the China-US trade war that began in 2018, where the US imposed tariffs on more than $300 billion. Read more The post Above the Fold: Supply Chain Logistics News (April 21, 2023) appeared first on Talking Logistics with Adrian Gonzalez.
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In many cases, supply chain surprises manifest from poor visibility. Reliance on historical data can limit an organization’s ability to sense possible exposure to disruption that can impact everything from minor irregularities to extreme shifts in demand. This is especially the case when past or current circumstances do not indicate what will actually happen in the future.
In many cases, supply chain surprises manifest from poor visibility. Reliance on historical data can limit an organization’s ability to sense possible exposure to disruption that can impact everything from minor irregularities to extreme shifts in demand. This is especially the case when past or current circumstances do not indicate what will actually happen in the future.
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