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COVID-19 has brought some unprecedented challenges for America’s supply chain businesses. Restrictions on imports, shortage of ground resources, and limited manufacturing operations are causing stiffness in supply chain movement.
Retailers whose livelihoods are dependent on physical stores are feeling the heat due to the coronavirus pandemic. Footfalls have gone down, the future looks bleak, especially if you are selling non-essential goods.
The online food delivery market is growing at an explosive pace in Southeast Asia. Rapidly increasing disposable income, a growing population of tech-savvy millennials, and a convenience-driven consumer lifestyle are the major factors influencing the rise of the online food delivery industry in the region.
The Covid-19 pandemic makes Shantanu Bhattacharyya, Locus’ Chief Data Scientist, remember his days as a computational biologist working on the HIV vaccines at The Scripps Research Institute. He fondly remembers how he spent days and days in the lab researching, coming up with new ideas, looking at data to interpret patterns.
Last-mile deliveries are becoming more complicated with each passing day. On one side, customer expectations are increasing, and on the other , delivery companies are struggling with rising distribution costs and pressures to maintain profitability.
Ever since the global community took note of the COVID-19 transforming into a pandemic, enforced social distancing or lockdowns have been a consistent reaction from every Government (barring rare exceptions like Sweden). The severity of the lockdown has varied from recommendations to stay indoors to military enforced mandatory restrictions on any movement deemed non-essential.
Supply chains around the globe are in absolute chaos today. COVID-19 and uncertain lockdowns have caused major disruptions in the way businesses operate. To define the emerging industry trends, and the role of Artificial Intelligence in modernizing the retail and FMCG supply chain, Locus recently hosted an exclusive live webinar.
Terms like Red, Amber, Green; Red, Orange, Green; phased opening; restrictions; have all become a crucial part of our lives in the last few weeks. With the world slowly opening up amidst the Covid-19 outbreak, supply chain and logistics is going to play a really crucial role in setting up the ‘new normal’.
US- Subway, Moe’s Southwest Grill, Panera BreadIndia- Zomato, Swiggy The UK- UberEats, Deliveroo Ride hailing companies Uber, Lyft. What connects these varied companies? Quite the zinger of a question, eh?
With countries across the world in various stages of lockdown, business sectors have been affected in different ways. While traditional FMCG is doing relatively well, other sectors have taken a hit.
We’re in the year of a devastating global pandemic that has put the entire mankind at risk. The COVID-19 outbreak has affected over 3.5 million people so far and is continuing to disrupt normal life and economies around the world. Over 100 vaccines are currently under pre-clinical tests, but healthcare experts are still not sure when a vaccine will be ready. Prevention is the only cure to the disease as of now.
In the next ten years, 70% of American consumers will regularly do grocery shopping online. – Food Marketing Institute. The sudden growth of online grocery sales has led to increased demand for cold-storage products.
We breathe in the age of disruption. Technology is transforming supply chains across industries and its digital twin is a lot more powerful, flexible and adaptable. The goal of any tech implementation / association in the supply chain is very simple
The biggest last-mile challenges facing the logistics industry are: failed deliveries and missed deliveries. 40 million deliveries fail on the first attempt in the UK.- UK Delivery Index Report, 2019.
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