In an era where immediate gratification is almost expected, South Korea stands at the forefront of revolutionizing the logistics industry. With ultra-fast delivery services no longer a luxury but a standard, Lotte Global Logistics is charting the course for a paradigm shift. Joining forces with
Hyundai Glovis, part of the Hyundai Motor Group, is reinforcing its presence in South Korea's smart logistics sector. Striking new deals valued at around 40 billion won, the company is diving headfirst into a market that's ripe for tech-driven transformation. These partnerships, with Korea
Nokia is poised to revolutionize European logistics with its Digital Automation Cloud (DAC) PW Compact. This cutting-edge private wireless solution is specifically designed for the demanding IoT landscape of the logistics industry. It offers a specialized licensed spectrum that ensures robust,
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 precision
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 directly
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
