You don’t know how critical something is until you are in a crisis. While the global COVID-19 pandemic is impacting people’s daily personal and professional lives, it is also impacting the international supply chains that we have all come to rely.
The global 3PL market is forecast to hit US$1.3 trillion, or £1.02 trillion, per year by 2024 as more manufacturers, retailers, and shippers turn to third-party logistics (3PL) providers to help them better manage their supply chain.
Worldwide eCommerce sales are predicted to eclipse £3 trillion and account for more than 16% of total retail sales in 2020, according to the latest reports. According to Statista Research, eCommerce revenue in the UK will reach £65.9 billion in.
Worldwide eCommerce sales are predicted to eclipse US $4 trillion and account more than 16% of total retail sales in 2020, according to the latest reports. According to a recent ABI Research report eCommerce revenue in the US will reach $3.52.
Across the globe, food spoilage, contamination and recalls are costing brands and cold store operators. Spoilage costs money in food losses, waste and negative consumer brand perception when a less-than-fresh product hits the shelves. Contamination.
Every year, in North America alone, almost one hundred million tons of food is lost or wasted between production and retailing. That's equal to about 170 kg (380 lbs) per person. These figures are mirrored in Australia and New Zealand, and the.
The eCommerce revolution is only just beginning, and the way businesses respond today will determine whether they survive or thrive in the marketplace of tomorrow.