Logistics & supply chain industry is one of the most predominant & booming industries. The logistics & supply chain professionals are the major players in keeping the economy moving. The businesses of retailers, manufacturers & other service providers will come to standstill in the absence of the logistics industry. Major ecommerce industry leaders like Myntra, Amazon, flipkart & so on will lose half of their revenue due to disruptions in the logistics ecosystem.
The minor disruption in the supply chain will affect the entire logistics & supply chain operations. With the use of high-tech solutions logistics professionals have solved major issues but with the changing customer expectations the logistics & transportation industry needs to revamp its business model.
Before analysing the solutions, let’s understand the core problems within the industry. Here are the top 5 challenges faced by the logistics businesses in India.
High Transportation Logistics Cost
Supply Chain Visibility
Improving Vendor & Supplier Collaboration
Improving Customer Experience
To know more in detail, Please check this blog: https://fretron.com/challenges-in-logistics-industry/?utm_source=on...