Automation and digitization are changing the business world as we know it, offering tremendous potential and benefits to businesses and end consumers. Additionally, with increased exposure to newer technologies, the end consumer is becoming more and more price conscious. This is in turn putting pressure on service providers in the service supply chain to remain competitive and deliver maximum value with reduced prices.
The United States federal government has been in overdrive as of late
T&L players need to reposition their supply chain networks to enhance visibility, enable digital operations, support customers with new offerings and delivery models, and ensure safe logistics operations to cope with the changes in the new normal
Disruptions like new entrants, changing customer expectations, and new technologies are creating new challenges and new opportunities for revenue generation and growth. To stay relevant and ahead in the game, logistics players have to develop new models and offerings for the market
The Transport and Logistics Industry was already seeing a slump in demand towards the end of 2019 because of the Chinese New Year.
The Travel industry’s growth over the last two decades has led to the corresponding growth of the Hospitality industry, a now $600 Billion global industry that directly and indirectly employs 250 million people. However, the recent COVID-19 outbreak is having a devastating impact on the world, leaving the travel and hospitality industries reeling from its repercussions.
Ride hailing in EU and US cities is down 80% since the beginning of official COVID-19 restrictions.
During my travels, there is not one trip, where I did not feel the hospitality industry can see immense amount of personalization.
Automation upscale – unlocking value across warehouse operations
The boom in e-commerce and the increasing shift towards technologies such as Internet of Things, Cloud and Analytics are impacting logistics operations of manufacturers, retailers and consumer good companies in a big way
When I ran Cisco as a business for Wipro, I became mysteriously involved with the wonderful world of IoT (Internet of Things), M2M and Telematics.
Right service design paired with the right technology enables supply chains to focus on instantaneous proof of delivery confirmations.
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