Albany, NY -- (SBWIRE) -- 11/20/2018 -- Digital logistics provides competitive advantage, efficiency and profitability to the companies by improving supply chain, providing customer effective centric solutions and enhancing efficiency. Digital logistics allow various companies and supply chain logistics applications to closely integrate with labor management systems, core warehouse and transportation systems to enable novel process models and ensure fulfillment excellence. It impacts not only the cost side of the value equation, but also spurs the growth through the ability to deliver customer-focused and personalized logistics, with exceptional customer satisfaction and faster cycle times. The digital logistics industry has opportunities to drive change in both operations and customer engagement including intelligent pallets, omni channel commerce, slot optimization, mobile order management, and predictive maintenance. Companies embracing digital logistics will achieve functional quality in three key areas including distribution, transportation and labor and resource management. Distribution includes real-time warehouse management system (WMS) technology and adoption of improved fulfillment processes. Additionally, various companies have taken advantage of the opportunities to significantly increase employee retention, and work productivity that is available through advanced labor management solutions.
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Some of the key players in the digital logistics market are IBM Corporation, DigiLogistics Technology Ltd., Mindtree, SAP SE, PartnerTech, Oracle, Hexaware Technologies, Advantech Co., Ltd., SAMSUNG ELECTRONICS LOGITECH Corporation, DSV, Digistics, Syntel, Inc., REICHHART Logistics Group, Speys Oy, Tech Mahindra Limited, Digital Logistics, STAR COOPERATION GmbH, Digital Logistics Group Ltd. and more.
The digital logistics market is propelled by a web-based enterprise logistics applications that enable optimization and collaboration. It also leverages a central logistics information that provides clarity for the entire logistics operation of the enterprises. Another driver for the growth of the digital logistics market are rise of the digital technology across industry and technologically sound consumers. The onset of e-commerce has allowed consumers, to compare prices with just the swipe of a smartphone and can source products from anywhere in the world. As, consumers become more inclined towards digital services, they expect to receive the same flexibility and superior quality of service in logistics industry.
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The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Value chain and stakeholder analysis
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