The increasing demand for omnichannel retail experiences is driving many companies to scale fulfillment operations quickly, stressing the entire supply chain. In many cases, this can create a big mess when the necessary physical and software infrastructure required to scale properly isn’t in place.
How supply chain companies choose to cope with changing market pressures and shifting customer demands will define their success in 2019.
The widespread digitization of logistics is fueling the search for more efficient ways to ship, pack, and process goods. Companies all along the supply chain are finding ways to use big data and advanced machine learning technology to streamline processes and automate difficult tasks. Here are nine ways AI is revolutionizing logistics:
The shipping world is rife with complex job roles and dozens of acronyms. Often, supply chain companies hire help to take on jobs they can’t reasonably manage themselves.
Warehouse management systems allow products to be tracked and moved with unmatched speed, efficiency, and transparency. These specialized software suites are designed to manage complex tasks along the supply chain, especially tracking product as it enters and exits warehouses.
Today, e-commerce companies face much steeper consumer expectations than they did even a few short years ago. Consumers expect their products fast, and that’s making it hard for some companies to compete with industry giants like Amazon. For these companies, better inventory control is the best tactic for cutting shipping times without driving up costs.
Effective supply chain management responds quickly to the shifting market landscape, and leverages technological capabilities to improve efficiency and provide better service. New technology provides an opportunity to gain greater insight into the flow of goods. At the same time, customers’ growing expectations are putting pressure on legacy systems across the industry. Being ahead of […]
Over the past decade, the pace of innovation in logistics has continued to increase. Starting with the launch of their Prime service in 2005, Amazon has been a major disruptor of established logistic operations and customer expectations for timely fulfillment. As consumers have come to expect two-day or faster shipping, the entire supply chain has […]
Just as Internet of Things (IoT) technology has begun to reach critical mass in the consumer market, such devices are becoming a crucial component in the evolution of warehousing and supply chain in general. From wearable devices to RFID trackers to smart shelves, these developments promise to streamline the fulfillment process while helping to meet […]
In 2014, Amazon launched same-day delivery in several major cities, changing the game for both traditional retailers and the entire fulfillment industry. Since then, the company has further expanded service in major markets throughout the country while fostering the development of their own final-mile delivery service.