E-commerce- the Road Ahead for Logistics Industry

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  • Published date: January 5, 2022
    • Mumbai Malad(west), Mumbai, Maharashtra, India [ Ad Id - 148191 | Ad Views - 8 ]

gets into The world has entered the digital age and everything around humans is getting online. The days are long gone for reaching the brick-and-mortar stores for every need in life.

The technological advancements of the internet have changed the course of history. Today, everything a person needs in their life is available online. E-commerce platforms have been growing since their start, especially in the last decade. But the industry that has become the giant has logistics as its backbone.

Logistics maintain the back-end supply chain management. It is crucial for every business in the world.

Logistics as the backbone to a physical distribution network of e-commerce

Till last century, for a layman, logistics was a transport company. It was some truck company working for the transportation of goods from one place to another.

Now things have changed since multinational players have entered the Indian market. It has started evolving into an organized structure.

Logistics include obtaining, storing, and shipping the resources to their end destinations. It incorporates the network of manufacturers, suppliers, distributors, and online portals.

Indian economy will speed up at 7.3 percent in the next fiscal year. It will rise as the third-largest economy by 2030.

Technology: the bond between e-commerce and logistics

With newer technologies coming into the world, businesses are advancing faster than ever. Tracking facility has become the new high point in the logistics industry. Companies are using GPS technology for the Live Tracking of parcels. They provide the same facilities to their customers for smooth and reliable servicing.

The tracking facility coupled with the Warehouse Management Systems keeps a record of resources. The tech-savvy companies are recording business statistics. They are using the same for the growth of their organizations.

E-commerce hubs Like Amazon have their warehouses in every state. It is a self-fulfillment warehouse for both B2B and B2C models. The company also came up with Amazon fulfillment. It is procuring the product from the manufacturer and keeping it in their warehouse system. They include the delivery amount in the selling price. They also offer privileged services like one-day delivery or two-day delivery.

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