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Showing posts from January, 2023

Top 10 Digital Ecosystem Trends in Supply Chain And Logistics

  The most important component of the import-export industry, supply chain, and eCommerce logistics have likewise undergone digital change as technology continues to solidify its grip on all key sectors of the global economy. Over the past ten years, innovative technologies such as artificial intelligence, neural networks, and machine learning have significantly shaped logistics. By 2026, 75% of big firms will deploy intralogistics smart robots in some capacity in their warehouse operations, according to a recent Gartner report. Top 10 Digital Ecosystem Trends in Supply Chain and Logistics to Watch Out For eCommerce firms' entry into the field of digital logistics Amazon and Alibaba are two examples of firms building a global shipping network. If Amazon Logistics' parcel volume reaches 6.5 billion parcels this year, FedEx, UPS, and USPS are anticipated to suffer large financial losses. The Final Mile Delivery Companies Logistics businesses are ready to deploy robotics, drones,

Pick and Pack Warehouse: What You Need To Know

The global market for e-commerce fulfilment services is projected to reach USD 198.62 billion by 2030, growing at a CAGR of 9.5% over the forecast period, according to a recent study by Grand View Research, Inc. The rapid use of internet services and the resulting rise in online shoppers are the primary factors driving the demand for e-commerce warehouse fulfilment services globally. Therefore, as an online business owner, you should know the basic elements of e-commerce warehousing. What Does Warehouse Picking and Packing mean in practice? Pick and pack in a fulfilment centre is selecting goods from a warehouse inventory and boxing them up so they are prepared for shipping. Picking and packaging are physically challenging jobs that need precision, speed, and resilience. How Does It Function? Receiving of goods When you receive a shipment, you take the goods out of the box and store them. The commodities are prepped for storage after purchase and kept there until they need to be picke

How To Pack Heavy Items For Easy Shipping?

  Shipping heavy items can be a tricky task, but you can take some steps to make sure your shipment arrives safely and without incident. Firstly, when packing heavy items, ensure that the right size shipping container is used so that the item won't have too much or too little space. You will also want to pack using plenty of cushioning to protect the item from bumps and blows during its journey. If you ship internationally , specialized ecom shipping solutions may be necessary for transporting particularly heavy items due to international customs and regulations. Also, if the package is large or extra-heavy it is wise to spend a bit more money for more reliable and secure shipping services such as those with extra protection (i.e. climate control) for delicate items or added insurance coverage for larger packages. Taking these precautions will help ensure your precious cargo arrives at its destination in perfect shape. How to Handle the packaging of heavy items Whether you want to

5 Challenges of Supply Chain Flexibility

  The majority of businesses in the e-commerce sector rely on supply chains, which frequently undergo fundamental changes as a result of abrupt changes in demand patterns. To address this dilemma, these companies retain supply chain flexibility.  The global market for supply chain management was valued at USD 16.64 billion in 2021, and from 2022 to 2028, it is likely to expand at a CAGR of 10.8%. In such a case, the importance of supply chain flexibility in today's global supply chain management and warehouse fulfilment increases. The capacity to react swiftly and effectively to changes in demand will decide the fate of e-commerce companies in cut-throat competition.  Flexibility in the Supply Chain: A Basic Understanding Flexibility in the supply chain refers to a company's capacity to react swiftly and effectively to changes in demand. An organisation can prevent inventory shortages, manufacturing bottlenecks, and other disruptions by having a flexible supply chain. 5 Major

The Future of Supply Chain Agility

  The pandemic has impacted global supply chains badly in a variety of ways. Among other things, its effects may be seen in the rise in manufacturing and transportation costs, labour shortages, China's position in the global economy, and the auto industry. Only supply chain disruptions can account for rising inflation and a slowdown in economic development.  Since freight shipping accounts for at least 90% of all global trade, any sudden increase or decrease in shipping costs will have an impact on supply chains. According to the Global Container Freight Index, the average price to ship a container around the world climbed from USD 1,362 in November 2019 to USD 9,628 in  2022 February. What Exactly is Supply Chain Agility? Supply chain agility, in theory, relates to the network's capacity to adjust to changing consumer demands and market conditions, predict problems, reduce risks, and even recover from unforeseen disruptions like the COVID-19 epidemic or the ongoing Russia-Ukra