In developed economies, e-commerce logistics is the biggest driver of change in the physical distribution networks, which has evolved substantially over the past 45 years.
As e-commerce continues to grow, most shippers, particularly multi-channel shippers, are only beginning to work out what this will entail for their distribution network infrastructures.
Key Trends
In the coming years the consumers are expected to complete most shopping journeys via multiple devices like smartphones as shopping continues to gain ground and persistent acceptability. Selling would definitely increase during big online shopping days, resulting in decline of visits to malls/retails stores; merchant retailers will see a web influence on their in-store sales. Marketing will shift from being device focused to people focused; making advertising ads more relevant and non-intrusive with digital marketing as a key factor for success. Instant delivery services will become common—expectations on service will have no limits.
Return trends are degrowing, with more of corrections in the process of selection and multiple filters being applied on incoming quality/variety etc, the service in this scenario asks for a faster response. Singles Day, celebrated in China was the world's biggest online shopping day of the year, with Alibaba alone reporting sales worth $14.3bn, a sixty percent increase from last year. These big online shopping days will get even bigger. With the coming in of GST, facilitation of e-commerce industry has grown even though it calls for a certain part of centralisation. GST is going to play a major role in expansion of E-commerce industry.
Denne historien er fra April 2017-utgaven av CIO Review.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra April 2017-utgaven av CIO Review.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Cognitive Fashion Design Using AI And Automation
Fashion Industry is one of the top contributors to Global GDP and amongst the highest employment generator.
Blockchain-Based Cybersecurity For IoT
Arumani Subramanian completed AI/ML Information Technology from IIIT Hyderabad and Bachelor of Technology in Computer Science from Pondicherry Engineering College. His keen interest circles around making business profitable by digital innovations, and mapping digital pathway. He is an expert of Blockchain, RPA with right use cases and leads a team of architects and solutions team.
Artificial Intelligence & The Disruptive Chatbot
Chatbot Technology has always been a game changer whether it’s content, data or e-commerce - businesses underwent change to survive due to the changing consumer perception, business value and convenience.
How Financial Services Companies Are Striving Through The Data Age
With experience in account management, corporate account management, and regional sales direct, he is leading the firm.
RPA IN ACTION IN THE FINANCIAL SECTOR
A renowned professional in artificial intelligence, investment banking, managing consulting and profitability delivery, in the industry for 20+ years and consultations for 10+ Fortune 500 organizations.
PayNearby
DETERMINED TO CREATE A DIGITALLY FORWARD AND FINANCIALLY INCLUSIVE NATION
A SNEAK PEAK ON – BLOCKCHAIN TECHNOLOGY
Let’s begin this conversation by focusing on the fundamental aspect, i.e. by ‘Defining Blockchain.’
Impact Of Algorithms On Society
A common dystopian science fiction future is where the robots take over the world.
MULTIPLYING OPPORTUNITIES IN BIG DATA ANALYTICS
The advent of modern computer networks and the democratization of information has exponentially multiplied the amount of digital data being generated.
OMDENA
INTRODUCING NEW FRONTIERS OF PROBLEM SOLVING WITH AI