“The Everything Store” is indeed on the path to dominating nearly every category of retail sales. With the launch of Prime delivery, Amazon is giving convenience and dominance to stores, the multi-channel retailing has broken down the division between online and brick-and-mortar stores.
Nearly, one-quarter of online respondents say they order grocery products online, and more than half (55%) are willing to do so in the future. Growth of online grocery shopping is driven in part by the maturation of the digital natives—Millennials and Generation Z.
With a vision to bring uniformity across the nation, Government of India is rolling out the electronic way bill or e-way bill from February 1 2018. This basically means that the transporters will no longer need separate transit passes for moving goods from one state to another as the e-way bill issued to them will be valid throughout India.
If you are one of those rare lucky souls who never had to kill time sitting at an airport lounge, waiting for a delayed flight, stop reading further. You may not be able to appreciate the small yet significant change that the world has just witness. The first thing that a traveller thinks when he receives the official notification regarding a flight delay is- Wish I knew it a few hours earlier! I could have started late from home! If only I had stopped at my favourite café on way to the airport, and so on. Unfortunately, by the time official announcement comes in, the passenger is already at the airport and has no option but to wait.
FarEye, a digital logistics platform has launched its flagship product - Drop&Pick. This parcel shop technology has already been incorporated by various businesses to facilitate paperless, high speed and secure delivery and pick up of parcels through its service points including DHL, Blue Dart and First Flight. Its successful roll out is now revolutionizing traditional delivery and pick-up processes towards efficient digital and customer-centric approaches.
South-East Asia’s biggest economy is growing with increased purchasing power of its 260 million population. Transport and logistics industry is playing a huge role in establishing Indonesia as a leader and world power.
Fabelio, one of the leading furniture marketplace aims to tap the changing consumer behaviour and the huge business opportunity underlying in it. With an aim to strengthen its technology offering, improve its logistics infrastructure, manage a wide portfolio of products - Fabelio has partnered with FarEye to improve its Delivery Happiness Score.
We are entering an era of dynamic and fundamental change to day-to-day operations. While the millennials today are witnessing rapid advancements in the ecommerce and thereby, the logistics operations, communications and collaboration tools are dramatically changing the way companies craft the logistics strategies, processes and systems.
The Indian cricket team has been spreading its magical touch all through 2017. However, many of us, passionate cricket lovers and die-hard fans of team India, were not entirely convinced with the achievements of the last year. Reason- it all came on friendly tracks and conditions in the Asian subcontinent. The real test for Asian teams (including team India) is when they tour outside the subcontinent (South Africa, Australia, England, New Zealand etc.). Like every India cricket fan who doubles up as a cricket expert, we also have some advice inspired by digital supply chain best practices that can help team India to settle #Hisaab25SaalKa (revenge of 25 years) against Protease. Take a look:-
The eCommerce industry has grown exponentially in the past two decades. Customer centricity and User Experience have become the focus areas, making last-mile logistics, a key to cut the clutter in such a competitive market. 86% of consumers believe that delivery is an important part of their online shopping experience as it is the only actual touch point for customers in the world of eCommerce. Therefore, making it necessary for logistics companies to invest in digital logistics.
Technology at the back of cloud computing is enabling breakthrough innovation in global Logistics & Supply Chain industry. On the other hand blurring boundaries between the countries have opened up the market for cross-border eCommerce thus creating a need for digitized logistics. According to BCG, global cross-border eCommerce will reach between $250 billion and $350 billion in 2025, up from $80 billion in 2014, with Asia, Europe and North America accounting for 40%, 25% and 20% of the market respectively.
Customer expectations are changing the landscape and redefining the way organisations function and deliver goods and services. Organisations today need new avenues, that help create value through service differentiation, and in Logistics, it is a point of delivery that is a magical moment to create the difference. Today’s tech-savvy customers simply expect more as they make more purchases - both offline and online. With evolving customer expectations, a smooth last mile experience is imperative in order to ensure brand loyalty.