In today’s world, the sharing economy is becoming the norm. Items such as bicycles, cars and even homes can be rented or offered through peer-to-peer exchange. This type of marketplace is generally cost effective and gives others the flexibility to find accommodations wherever they go. The sharing economy is not only for consumer transactions, but [...]
Implementation of Artificial Intelligence and Automation within SCM sector in unison are expected to raise the productivity margin to a whole new level in the coming years. The confluence of these two high-end technologies will not just pave the way for a friction-free transportation system, but will also bring in error-free and swift servicing across diverse demographics. Gone are the days, when logistic [...]
The world of logistics is changing fast. With the advent of digitisation, customer expectations are at an all-time high. Customers now expect door delivery for everything, and businesses have to cater to these needs or risk losing customers. Logistics have now become an important part of most e-commerce businesses. It is the point where the [...]
Wal-Mart Stores Inc is testing a service to stock groceries directly to customers’ refrigerators as it seeks to take on e-commerce giant Amazon.com. The delivery of groceries and meal kits is emerging as the next frontier of competition among retailers. The world's biggest brick-and-mortar retailer said on Friday it is partnering with August Home, a [...]
The trucks going down the road a decade from now will likely not look drastically different than they do today. And, despite all the hype over autonomous trucks, they probably will still have drivers. It’s what’s going on behind the dashboard and over the air that is truly exciting as we enter a new generation [...]
Driverless vans, drones, and the next phase of automated deliveries Do you remember the futuristic movies that showed us what daily life might look like 50 to 100 years from now: the autonomous cars in Minority Report or the drone deliveries and parachuting packages in The Hunger Games? Well, you might be [...]
Keep On Trucking As founder and CEO of Hyliion, Carnegie Mellon University alumnus Thomas Healy has designs on revolutionizing the shipping industry by modifying the country’s 6 million tractor-trailers to save energy. “Hyliion’s business model can have a positive impact on the world, through emission reduction, by hybridizing 18-wheelers,” Healy said. Hyliion adds [...]
The U.S. Postal Service Is Reinventing Itself (and You Should Pay Attention) The U.S. Postal Service is a juggernaut. If it were a private company, it would probably rank in the Inc. 5000. It delivers almost 500 million pieces of mail to 156 million addresses in the United States every day. True, [...]
