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The pandemic has altered the face of businesses and changed consumer behavior beyond recognition all over the world. It has razed some industries to the ground and brought immense growth to others. But, what it has done for the cannabis industry in the US is truly incredible.
Revenue is driven by a number of different factors in retail and FMCG markets — constantly evolving customer expectations, rising market competition, omnichannel trends, location demographics, and the effectiveness of supply chain elements, especially timely and effective distribution of goods to retail outlets from where the end customer buys the products.
Few of the severe and defining issues that have cropped up with global warming are the unprecedented and inevitable climate events like the one in Texas. It has become impossible to predict events such as winter storms, hurricanes, polar vortices and wildfires. The need of the hour is efficient contingency plans.
India’s Ministry of Science and Technology has announced changes to the country’s mapping and geospatial data laws, liberalizing regulations on geospatial information, making it freely available for innovation and IT companies across the country.
There are few things destined for growth and e-grocery is one of them. This is owed to the disruption caused by the pandemic. It has brought about an incredible change in consumer behaviour and finally broken one of the most difficult shopping patterns—grocery shopping.
“Invention, it must be humbly admitted, does not consist in creating out of void but out of chaos.” ― Mary Shelly
Crowdsourced delivery, also known as crowdsourced shipping, is being seen as the solution to some real-world last-mile delivery problems. This emerging method is used to deliver packages to customers by leveraging non-professional and local courier services.
As convenience, delivery speed, and efficiency continue to define customer experience, there is a steady growth in the use of Electric Vehicles to carry out last-mile operations. EVs are eco-friendly and offer some hidden business gains to supply chain enterprises. Read on to catch up on this rising trend that is shaping up the future of last-mile deliveries across the globe.
The E-Commerce boom has influenced consumer behaviour like never before. Economics taught us that it was the price that drove demand. Now, we are learning how convenience drives demand even more.
From farm to fork, the agri-foods supply chain is typically a long journey with multiple touchpoints. Once harvested in a farmer’s barn, the produce is first sent to primary processors, who clean, cut, package, and sort the crops into appropriate sizes for sale.
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