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With more parties directly or indirectly participating in supply chains, logistics is getting increasingly complicated. This complexity is posing communication and end-to-end visibility issues, rendering logistical procedures inefficient. At the same time, all supply chain participants' expectations of transparency, dependability, and service are rising. Blockchain is developing as a potential answer to these issues. It is a distributed ledger system that can securely and per

Source: © Statista 2021 The buying and selling of goods and services over the internet and the financial and data transfers used to perform these purchases is e-commerce. Internet shopping has become one of the most common online activities globally. Although the E-commerce business showed a steady upward trend from 2014, the COVID-19 pandemic in 2020 increased the number of e-commerce consumers worldwide by 16.1 %, while online e-commerce revenues globally totaled $4.28 tril

With the rapid surge in e-commerce, getting products from manufacturers or warehouses to customers has been a tremendous challenge for logistics firms. According to research, 80% of current warehouses are run manually with no enabling automation. Even though advanced technology is still used only in 20% of the world's warehouses, Tractica predicts that annual warehousing and logistics unit shipments using automation and robotics will rise from 40,000 in 2016 to 620,000 annual