Company Details
Akodi Intelligent Robot Technology Co., LTD
The Council of Supply Chain Management Professionals` (CSCMP) latest Annual State of Logistics Report estimates that the sector constitutes 7.7% of Nominal GDP in the United States.
The costs of shipping goods and services are rising, as seen by increased capacity rates, which is leading to higher supply chain costs for corporations, and the consolidation of smaller trucking and logistics companies that cannot keep pace. Challenges in this space have resulted in high-level technological innovations that have shaken the industry out of outdated stereotypes. Rising fuel costs also factor into the equation.
The continued growth of e-commerce pushed parcel shipment volume up by 7% in 2017, to nearly USD100 billion, and forecasts expect that to rise at similar levels for the next few years. This has a strong effect on the supply chain in the areas of more visibility for both the corporation and the customer, the need for more warehousing, which in many cases will be smaller and closer to large population centres, and designing more responsive and flexible logistics networks.
Reference: https://www.forkliftaction.com/news/newsdisplay.aspx?nwid=20846