As the complexity of the supply chain grows, the need for tech solutions with increased transparency and visibility for better decision making grows too.
Brands competition for shelf space is increasing in the big retail chains to ensure they stay in the minds of consumers and to procure potential income; however, it is not an easy thing to accomplish.
Because of COVID-19, the logistics industry is monitoring the supply of medical goods across the globe as well as its impact, likely interruptions, and shortages.
For as long as we lack the answers on how big the financial loss and how long the pandemic will last, it will be impossible to fully gauge the impact of COVID-19 on the global economy and international trade.
The lack of security faced by Latin America’s supply chains is a challenge to be solved because it results in heavy financial losses and lowers the region’s competitiveness.
Inventory management is a process that requires planning, organization, and training. That is why, inventory consignment for hospitals is a good way to improve the logistics of hospitals, clinics, and pharmacies.
According to Americas Market Intelligence, these are some of the opportunities arising for logistics from the crises caused by the Covid-19 pandemic.
The growth of the coronavirus pandemic has crated major changes in consumer habits, which has also led to interruptions in all the supply chains.
As the coronavirus pandemic grows, companies throughout the world have increased their response capabilities and have taken extraordinary measures to deliver their products and meet the new consumer habits.
The coronavirus pandemic is creating havoc in the world’s health systems and economies forcing millions of companies to shut down, especially those which raw materials or finished products come from China.
The trends for the logistics industry during this decade are linked to the growth of commerce and economies and focus on implementing technologies such as artificial intelligence and the internet of things to understand the preferences of clients and avoid stock gaps.