The logistics industry, crucial for global trade and commerce, has traditionally relied on manual processes, extensive paper trails, and complex procedures. However, the advent of the Internet of Things (IoT) and digital tools is revolutionizing this vital sector. IoT, particularly, offers an
The blockchain supply chain sector is rapidly transforming how goods are tracked and traded globally. As a cutting-edge use of blockchain, the technology offers increased traceability and streamlines logistics. The significant growth of this market is evident as it's projected to expand from a
Autonomous yard operations leader Outrider has made a significant leap in logistics automation with the acquisition of its 11th U.S. patent, number 11,927,676. This innovation outlines "Systems and Methods for Determining an Articulated Trailer Angle," an essential breakthrough for the
In a world where immediacy is not just desired but expected, South Korea's Lotte Global Logistics has taken a decisive step toward revolutionizing the supply chain by partnering with Chinese AI powerhouse Megvii Technology. This strategic alliance is poised to inject a shot of innovation
Warehousing Evolution: Harnessing Tech to Boost Efficiency Warehousing has traditionally been a cornerstone of the global supply chain, playing a vital role in storing goods. However, recent times have seen it evolve dramatically, fueled by major technological breakthroughs. This evolution has
Retailers must navigate the ebbs and flows of customer demand effectively to thrive, particularly during busy periods like holidays or major sales. A robust demand planning strategy is crucial for maintaining high levels of customer satisfaction, ensuring smooth operations, and sustaining
As the year 2024 unfolds, the eCommerce industry is grappling with an unprecedented spike in product returns. This uptick is not occurring in isolation; it is heavily influenced by the persistent cost-of-living crisis, which is reshaping the way consumers approach online shopping. The stakes are
Amazon is making a notable change by discontinuing its returns service through the extensive Collect+ network operated by PayPoint. Starting April 21, this affects almost 2,000 retailers who will no longer process Amazon returns, impacting commissions and potentially reducing in-store traffic.
United Parcel Service (UPS), a key player in the delivery sector, has witnessed its stock dip by 11% this past quarter, causing unrest among shareholders. Oddly, this downturn contrasts with UPS's stronger performance in the half-decade timeframe. Its shares, however, are not keeping pace with
China's parcel delivery sector is poised for significant expansion, having demonstrated a robust performance with a year-over-year increase of 19.5 percent in package volume. This impressive growth underscores the industry’s capacity to manage an ever-escalating number of deliveries, h
