Uber-like platforms will soon provide on-demand fulfilment, warehouse, and logistics services everywhere. Are you ready? For companies feeling the pressure to meet rising customer expectations while keeping costs down, uberized supply chains could bring much-needed relief. Uberization, the business paradigm that disrupted the taxicab industry, is about to transform supply chains everywhere as companies increasingly rely on the supply chain capabilities and services of external platform-based ecosystems instead of building their own.
Both sides—the company in need of supply chain services and the one providing them—stand to benefit. In the consumer-packaged-goods (CPG) industry, companies that leverage AI platforms at scale can improve their demand forecasting accuracy by 20-30 percent, while reducing FTEs by 15-30 percent. Similarly, a digital logistics brokerage whose trucks are not filled to capacity can use an AI platform to identify companies looking to ship partial loads and get 10-20 percent more asset utilization.
Three Types of Supply Chain Platforms
Over the next decade, three chief types of platforms are likely to become dominant. Each has a unique source of value creation—as well as a unique set of challenges.
Marketplace platforms match supply with demand, providing companies with access to assets whenever they want it. Companies like Ware2Go and Flexe offer on-de-mand warehousing, which allows a company to rent warehouse space during its busy season or launch rapid, same-day delivery pilots near large urban centers.
This story is from the July 2020 edition of Siliconindia - India Edition.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the July 2020 edition of Siliconindia - India Edition.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Sign In
CANDIDATES' JOB EXPERIENCE - UNVEILING THE SCANDALOUS PRACTICES OF APPLICATION
With over 11 years of experience, Sweety is an experienced Executive Team Lead Human Resources with a demonstrated history of working in employee background screening industry.
The Future Of Solar Energy In India
He is a dynamic business leader who strongly believes in reversing the economic and environmental implications of today’s energy scenario by strengthening India’s solar energy sector.
UTILIZING INDIA AS A CATALYST FOR SUSTAINABLE DEVELOPMENT
He has 21 years of experience in technology and business and has been working with best researchers and scientists for development of ‘Eco-friendly’ innovations for a eco-friendly living.
MODERN ARCHITECTURE IS NOW ABOUT INNOVATIVE SPACE FLUIDITY
After gaining professional work experience, he later started taking up projects in partnership and successfully worked on multiple projects in Delhi-NCR. The whole experience inspired him with a desire to start his own design firm.
TAKING A STEP TOWARDS A SUSTAINABLE AND HEALTHIER SOCIETY/ ECOSYSTEM
Extremely focused in accomplishing his goals, he has been contributing to the Automotive and CV industry for 29+ years in the verticals of business operations, market penetration, and key account development.
THE GROWING RENEWABLE ENERGY & THE PROGRESS OF TECHNOLOGY ACHIEVEMENTS
Energy efficiency has been the talk of the town across the world since decades.
LINKING ENGINEERING & EFFECTIVE SIMULATION TO ENHANCE PERFORMANCE: SEMICONDUCTORS
Jai has been associated with ANSYS for over a decade now, prior to which he worked with Alliance Semiconductor, Texas Instruments, and Apache Design Solutions.
A DEEPER LOOK INTO THE OCEAN
Andreas expertise lies in Management and Environmental Consulting, Strategic Planning, Entrepreneurship, Sustainable Development and other areas. His particular interest has been the deeply connected challenges of ocean ecosystem decline and climate change.
Sparkium Power: Regularly Introducing Many Acclaimed Lighting Products for the Customers
Subhasish G, Founder & CEO A hard-working specialist with 20 years of experience in the fields of sales and marketing networks, competition mapping, partnership management and study of company profitability. He has experience in business strategy growth and execution.
KGN Lights
The global LED lighting industry is valued at 54 billion US dollars in 2019 and the market is set to grow at a CAGR of 13.4 percent from 2020 to 2027.