Smart logistics – Smart for the future
Thursday, November 7, 2019
E-commerce has altered consumer purchase behavior and fundamentally changed the retail industry. As e-commerce volumes grow exponentially, consumers have become increasingly demanding, wanting faster delivery, ease of purchasing across online and offline channels, and cheaper shipping costs. To keep up with the increase in e-commerce volume and customer demands, while coping with a shortage of labor, the logistics industry has had to undergo seismic changes. Advancements in technology and computing, as well as the availability of data analytics tools and 5G connectivity, have given birth to a new category of logistics, called “Smart Logistics”. This session examines how Smart Logistics is revolutionizing supply chains, and where the opportunities for investment lie.