The World Bank has said logistical costs swallow up around a quarter of Indonesia’s gross domestic product, citing bottlenecks in supply chains, long dwelling times in ports and lengthy trade clearances. Indonesia’s e-commerce sales are set to rise from 3 percent of retail activity now to 19 percent by 2027, Morgan Stanley estimates.
We have seen the Walmart acquiring Jet, Bonobos, Modcloth, and Shoebuy while planning to set up around 1000 pickup locations for online grocery shoppers. Racing Walmart to the front is Amazon with its grand acquisition of Wholefoods to enable faster deliveries with multiple pickup options.
Traditional trade occupies close to 90% in key developing markets. By leveraging cloud-based technology, last mile delivery can be optimized for such distribution networks, bringing in organized patterns within the industry and generate more value for all the stakeholders involved namely the retailers, the distributors, the manufacturers, and the end-customers.
Polar Vortex can disrupt logistics movement pushing up freight rates due to a shortage of trucks and drivers. Shipments may be delayed either due to rerouting away from snow-blocked highways or, being detained due to traffic bottlenecks. Multi-modal transport via railroads and ports are also affected.
We saw last mile delivery being used as the key input in all omnichannel strategies. We saw localization in distribution strategies centered around making last mile delivery more effective. We also saw machine learning being implemented successfully in logistics and field workforce planning. These trends would be the greatest influencers in 2018 for logistics and field workforce management.
Amazon opened its first brick and mortar retail store in Seattle, Washington, United States. The novelty of this store is that customers can just pick up whatever they want and just walk out of the store. Amazon would just charge the price of the items taken to their Amazon account. They call it the ‘Just Walk Out’ technology. Would it become a game-changer or disruptor in retail?
There is a way to bridge this gap, between the expectation and outcomes. And it is ‘tech-backed optimization’. Cloud-based optimization of resources, routes, and deliveries is the best way to ensure that your company not just matches industry benchmarks, but also breaks and resets them continually.
Here are the top features of the year that created the most value for our clients. These features have the highest usage among managers. These managers keep sending back their delightful feedback from time to time. Based on our own analytics and market feedback we have collated this list of the top features which created the most business value.
This Christmas, make sure you plan and optimize all last mile deliveries to avoid delays and detentions. People need their gifts on time and Santa needs some help, so make sure your customers are delighted on Christmas Eve with on-time deliveries and error free invoicing.
Along the heavily one-sided debate around Net Neutrality, we are once again amid the new age retail tradition of Black Friday and Cyber Monday. Consumerism has driven multiple shopping trends in the past decade. This has become a lifestyle with the entire generations falling under this craze.