How Technology is Poised to Make Regional Carriers Competitive Again

March 7, 2021 |

Supply & Demand Chain Executive

Evolution has always been part of human growth, including that of business. However, the popularity of online shopping has soared and recent statistics show that 51% of buyers in the United States not only prefer to shop online, but 80% have made a purchase online in the past month alone. This means the delivery person isn’t obsolete at all. In fact, that delivery person is more relevant now than ever.

Despite being notorious for its manual labor-intensive processes, tech innovations have impacted the supply chain and logistics sector, and with the large amounts of data needing to be stored for long periods of time, the industry stands to gain by embracing new solutions. Supply chain technology increases visibility of deliveries and accuracy in not only what is being delivered, but how it’s been packaged. In 2018, online sales of physical goods amounted to $504.6 billion and are projected to surpass $735 billion in 2023.