Over the past few years, we have witnessed the meteoric rise of e-Commerce as a global platform, in particular driven by millennials and the ubiquitous smartphones.

This is compounded by the shift to Web 2.0, social media and online shopping. While the retail and logistics infrastructure supporting the sector is relatively stable, the increase in demand has put all logistics players under pressure.

Forrester projects online sales to exceed $1 trillion per year and forecasts it to double within 4 years, while Aberdeen Group’s Crossborder Transport Survey notes that 61% of all e-Commerce companies ship directly to customers.

Bit by bit, the growing need to deliver products to customers’ doorsteps is beginning to overwhelm existing supply chain and logistics networks and systems, soon to be made obsolete by an inevitable wave of technology disruption.

Source: e-Commerce: The Biggest Driver of Change and Growth in Supply Chain & Logistics | Grace Chua | Pulse | LinkedIn

About the author

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Sign Up for Our Newsletter

Get notified of our weekly selection of news

You May Also Like

How South Korea surpassed Japan in real GDP per capita

What makes this event all the more important and illuminating is that South Korea shares so many of Japan’s structural flaws. South Korea’s ability to ameliorate those flaws provide lessons for Japan.

How fintechs are revolutionising remittances in emerging markets

Remittance flows tend to be more stable than broader capital flows. They also tend to be countercyclical, increasing during downturns or catastrophes, when other capital flows generally dwindle.

Chamni’s Eye (CEYE) Enters the MAI Stock Market

CEYE produces materials for advertising, television and film. The company provides a full scale production for still image and video, computer-aided photo retouching, and online media production service & media management