Retail and E-commerce can scale fast using logistics optimization
- Shaikh N
- Jun 14, 2019
- 1 min read
The retail industry is soaring with the advent of e-commerce and this brings a lot of brick-and-mortar player to try selling their products online.
This leads to tighter competition and wider product and specialty assortment amongst the branded products.
Be it electronics, fashion, home furnishing or groceries, the supply chain management is the only way out to cater the market demands and profitable sustainability.
The key is efficient product lifecycle management and structuring the flow of products through customized e-commerce logistics solutions.
And with e-commerce sales sprouting at a pace of 10%-12% CAGR the retail foot-falls in brick-and-mortar stores keeps shrinking 2%-4% every year.
Customers are making mobile e-commerce purchases easily these days and with a rise in such habits the mobile sales of e-commerce retail are expected to acquire 54% of the market by 2021.
Original Source : Retail and E-commerce can scale fast using logistics optimization
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