{"id":148,"date":"2021-07-27T17:12:20","date_gmt":"2021-07-27T14:12:20","guid":{"rendered":"https:\/\/www.infoanalytica.com\/?post_type=blog&p=148"},"modified":"2022-09-27T17:12:34","modified_gmt":"2022-09-27T14:12:34","slug":"research-blog-supply-chain-trends-in-e-commerce","status":"publish","type":"blog","link":"https:\/\/www.infoanalytica.com\/dummyenvinwebs\/blog\/research-blog-supply-chain-trends-in-e-commerce","title":{"rendered":"Research Blog: Supply Chain Trends in E-commerce"},"content":{"rendered":"

Table of content: –<\/h3>\n
    \n
  1. Overview<\/strong><\/li>\n
  2. Definition<\/strong><\/li>\n
  3. Trends<\/strong><\/li>\n
  4. Conclusion<\/strong><\/li>\n
  5. Sources<\/strong><\/li>\n<\/ol>\n

     <\/p>\n

      \n
    1. \n

      Overview<\/strong>\u00a0<\/strong><\/p>\n

      Supply chain is a vital part of any e-commerce business\u00a0as it covers procurement, transit,\u00a0and delivery of right goods and returned goods in the earliest time possible. As per research,\u00a0almost 60% of buyers expect their product to reach on the same day\u00a0on ordering\u00a0and more than 80% of buyers expect their product to be shipped on the same day\u00a0as\u00a0ordered. With\u00a0improving\u00a0technology,\u00a0and new and upcoming ventures,\u00a0there have been many experiments and trials to improve supply chain methodology. Some worked\u00a0out,\u00a0while others\u00a0failed, but the experiments never stopped and today there are few notable trends which we can see in the market. Let\u2019s take a dive into few supplies chain trends in e-commerce.<\/p>\n<\/li>\n

    2. \n

      Definition<\/strong><\/p>\n

      The activities taken to ensure that end-to-end cycle,\u00a0i.e., from procurement to transit to delivery is controlled through extensive planning, co-ordination, and communication as per the set process decided between the partners and the firm. The primary goal for any SCM in the firm is to ensure that the chain is maintained without any breakage and to keep the time gap at its lowest possible,\u00a0between ordering and delivery.<\/p>\n<\/li>\n

    3. \n

      Trends<\/strong><\/p>\n

      As the e-commerce industry grows, the need for better logistical services increases. This gives window for many start-ups in logistics and SCM companies to stand-out and capture the market. With the increasing demand, the challenges also pile-up for logistics,\u00a0be it in-house or\u00a0third\u00a0party. But with advancements in technology,\u00a0and newly\u00a0generated and curated ideas, we can see how the future of logistics and SCM weld through the current trends. Let\u2019s have a look into few.<\/p>\n

        \n
      1. Big Data, Artificial Intelligence & Machine Learning<\/strong> \u2013 Technology advances day-by-day and it is important to be in pace with the same. This goes true for logistics and supply chain companies as well. It is not easy to simply adopt a technology and move ahead, but it is vital to at least take a dive and start implementing the same. In current time usage of big data, AI and ML technologies are increasing and SCM companies have a piece they can take.\n
          \n
        1. Big Data – The usage of big data can help them to to understand the buyer behavior which in turn will help them to plan and strategize their operations and processes.<\/li>\n
        2. Machine Learning \u2013 The usage of machine learning helps logistic companies to understand and analyze the pattern and trend of orders at different seasons so that the software can automatically allocate the resources accordingly, and also alert the authorities.<\/li>\n
        3. Artificial Intelligence \u2013 The usage of artificial intelligence can help logistic companies to gathers insights from images of delivery packages, their weights, sizes, etc., and detect anomalies, QA assurance, or set-up schedules.<\/li>\n<\/ol>\n<\/li>\n
        4. Drones & Electric Vehicle Usage<\/strong> \u2013 While Uber is experimenting with drone-based taxis, e-commerce giant Amazon is testing to make deliveries through self-driven drones. It has been quite sometime since they started the testing and there have been some success. As with the testing period, Amazon has tried with different type of drones like air drones, land rovers, etc. Whatever the vehicle is, human based delivery will be a thing of a past in the far future. However, in the near future, electric vehicles will be a thing as it will reduce fuel cost with time. Even though it is at testing phase too, the usage of electric vehicles to make deliveries seems promising.<\/li>\n
        5. Advance package Tracking \u2013 Blockchain<\/strong>\u00a0\u2013 e-c<\/span>ommerce is an industry of human-made products. And just like any other industry, there are counterfeit products, fraudulent sellers, etc. Through the usage of\u00a0the\u00a0<\/span>blockchain technology, SCM companies can keep a track of these type of products and sellers,<\/span>\u00a0and track the validity of the products<\/span>\u00a0shipped.<\/li>\n
        6. Streamline\u00a0<\/strong>S<\/span><\/strong>hipping & Warehouse\u00a0<\/strong>L<\/span><\/strong>ocation \u2013\u00a0<\/strong>Technology has the ability to remove the middle-parties. Integrating\u00a0third\u00a0<\/span>party APIs will remove multiple stake holders in the chain to\u00a0manage logistics and supply chain\u00a0\u00a0better. With increase in demand and tighter delivery times, this is crucial as more the\u00a0number of\u00a0<\/span>stake-holders, more the administrative work and\u00a0that means<\/span>\u00a0more chances of delay and bigger timelines of deliveries. This reduces customer<\/span>\u00a0preferences–<\/span>to choose the platform for purchase. With increase in buyers demand, the strategy also calls for increasing warehouse locations<\/span>\u00a0especially as close to customer\u00a0locations<\/span>\u00a0as possible.<\/li>\n
        7. Controlling costs<\/strong>\u00a0\u2013 As sales increases, the number of products\/raw materials to procure increase viz-a-viz the quantity of products to be delivered within the stipulated period increases. With time,<\/span>\u00a0the cost of freight is always going to raise upwards as there are numerous matters that are involved in the same. The rates to transit products\u00a0will\u00a0<\/span>continue<\/span>\u00a0to remain high in\u00a0the\u00a0<\/span>foreseeable future. Maintaining these costs\u00a0is\u00a0<\/span>always going to be a challenge for any supply chain manager. As costs increases, the profit margin in products decreases. To control these costs and maintain a steady but fast paced delivery schedule are on-going tasks for every supply chain and\/or logistics managers and companies.<\/li>\n
        8. Buyer\u00a0<\/strong>P<\/span><\/strong>ersonalization<\/strong>\u00a0\u2013 Every consumer wants to feel special. They wish\u00a0for<\/span>\u00a0e-c<\/span>ommerce platforms\u00a0to\u00a0<\/span>showcase products of their interest,\u00a0which are\u00a0<\/span>under their budget,\u00a0and can be\u00a0<\/span>delivered<\/span>\u00a0on their time. They also wish for support to be<\/span>\u00a0provides<\/span>\u00a0whenever they need.\u00a0The<\/span>\u00a0companies who have tried to fulfil some of the<\/span>se expectations have witnessed increase in sales and customer loyalty. So, companies have started\u00a0to integrate\u00a0<\/span>AI\u00a0chat-bots<\/span>, automated tracking systems, etc.<\/li>\n<\/ol>\n<\/li>\n
        9. \n

          Conclusion<\/strong><\/p>\n

          As the growing demand of better supply chain management increases, the market for innovative technologies to solve the upcoming challenges rises. One thing is for sure-new, and emerging technology would pay a crucial role,\u00a0and human interference would gradually decrease.<\/p>\n

          You may also benefit from\u00a0real-time validated and customized data for e-commerce<\/a>\u00a0Marketing and Sales.<\/em><\/p>\n<\/li>\n

        10. Sources<\/strong>\n
            \n
          • https:\/\/www.shiprocket.in\/blog\/ecommerce-supply-chain-management\/<\/li>\n
          • https:\/\/erpsolutionsoodles.medium.com\/importance-of-supply-chain-management-in-e-commerce-industry-51ea2358ab6b<\/li>\n
          • https:\/\/supplychaingamechanger.com\/3-key-trends-in-e-commerce-logistics\/<\/li>\n
          • https:\/\/zmodal.com\/2021\/03\/22\/e-commerce-supply-chain-trends-in-2021\/<\/li>\n
          • https:\/\/www.plantemoran.com\/explore-our-thinking\/insight\/2020\/12\/e-commerce-and-supply-chain-logistics-trends<\/li>\n
          • https:\/\/www.globaltranz.com\/trends-in-e-commerce-logistics\/<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

            Table of content: – Overview Definition Trends Conclusion Sources   Overview\u00a0 Supply chain is a vital part of any e-commerce business\u00a0as it covers procurement, transit,\u00a0and delivery of right goods and returned goods in the earliest time possible. As per research,\u00a0almost 60% of buyers expect their product to reach on the same day\u00a0on ordering\u00a0and more than […]<\/p>\n","protected":false},"featured_media":149,"parent":0,"template":"","meta":{"_acf_changed":false},"class_list":["post-148","blog","type-blog","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"\nResearch Blog: Supply Chain Trends in E-commerce - InfoAnalytica<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.infoanalytica.com\/dummyenvinwebs\/blog\/research-blog-supply-chain-trends-in-e-commerce\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Research Blog: Supply Chain Trends in E-commerce - InfoAnalytica\" \/>\n<meta property=\"og:description\" content=\"Table of content: – Overview Definition Trends Conclusion Sources   Overview\u00a0 Supply chain is a vital part of any e-commerce business\u00a0as it covers procurement, transit,\u00a0and delivery of right goods and returned goods in the earliest time possible. 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