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A new world that redefines technological trends Offline logistics Emerging technologies are changing the landscape of global logistics. And the evidence is everywhere: logistics companies
A new world that redefines technological trends Offline logistics Emerging technologies are changing the landscape of global logistics. And the evidence is everywhere: logistics companies are exploring autonomous fleets and decommissioning warehousing operations, looking to big data for transportation management and predictive analytics. Outsourcing start-ups use a high-tech, low-asset business model. Brokerage platforms are offered Electronic real-time information from the moment of receipt to delivery. Think of the three rapidly developing trends in logistics and other fields: the omnichannel approach, the sharing economy, and big data. These trends offer opportunity For the emerging market economy to leap forward rapidly on the development path. It is useful to analyze why these trends are significant for developing countries and how they are being modified. Our teams at the World Bank Group's Center for Infrastructure and Urban Development in Singapore, which works across all of the Group's global practice sectors, are conducting these analyzes, to help us determine how development trends are impacting the region. In this case, the Learning Lab looked at how emerging technologies and evolving business models are transforming logistics systems, not only in the economies of developed countries such as Singapore, but also in Developing countries in East Asia and the Pacific and other regions. With the growing use of the Internet and smartphones, shoppers in developed countries are increasingly using Physical channels and Internet channels in reviewing various commodities, ordering their purchase, receiving them, and returning them. The omnichannel approach enables the modern shopper to have a seamless shopping journey: anytime, anywhere, seamlessly switching from one device to another. This approach helps move inventory faster, saves sales, allows inventory to be visible across various channels, and encourages consumers to spend 15-30% more than a traditional shopper. With the growing business case for retailers to convert to an omnichannel approach, retailers are seeking Logistics strives to provide services anywhere, anytime. But omnichannel logistics will need to be effectively managed to avoid increased traffic congestion in many cities in developing countries. While omnichannel may mean allowing in-store virtual reality or a smooth transition from the mall to the airport, it may also mean (in some developing countries) locker services such as those provided by two companies Popbox and Boss in Indonesia. The lockers, which look like vending machines, act as a self-service pick-up and drop-off location. This service provides greater flexibility for delivery than traditional logistics companies. It also reduces overcrowding by reducing the number of operations Delivery and setting delivery times during periods outside peak hours. Treasury services can be transformative, especially in countries where it is the last resort - which is Delivery at the door - is the most difficult. Indonesia offers a good example of this pattern. The sharing economy is already transforming many sectors, including logistics. In recent years, we have witnessed the removal of assets in logistics companies and the emergence of logistics platforms that allow sharing of services 2 and standardize it. Today, a logistics company may operate without owning a single truck or warehouse. For example, companies like Flex connect businesses that need flexible warehousing capabilities with warehouse owners who do. spaces. Flexport is a shipping company that brings together multiple carriers on a single platform that allows shippers to make adjustments to relevant variables until they arrive at the right fit for the shipping process. Shipwire offers a logistics marketplace for value-added services that allows companies to send inventory to any warehouse and store it until it is requested. By providing integrated systems for entering orders that organize the receipt and delivery of goods. By using common platforms, the sharing economy can match supply and demand at a fraction of the cost faced by traditional intermediaries. This increases the efficiency of freight operations and reduces costs. There is a sharp increase in demand for logistics services and platforms that connect suppliers and consumers, Benefiting from the increased ability to reduce costs. This concept could be particularly useful in countries with fragmented logistics systems, such as Vietnam, where it aims to Local players such as Ahamov need to address the severe fragmentation and inefficiency of the logistics systems in that country. Common logistics platforms can also be transformative, bringing economies of scale and efficiencies to countries. Such as Indonesia and the Philippines which have vast rural areas and many remote communities. Businesses in every sector are leveraging big data to generate data-driven insights into their decision-making process. Big data enables the identification of bottlenecks and opportunities for interventions. In the world of logistics, big data offers solutions to problems as diverse as short-term and real-time path optimization to strategic network planning, Which is the forecast of long-term transportation demand. Currently, the data provided by GPS trackers is used to understand bottlenecks. Smart containers allow companies to provide value-added services such as cargo insurance; monitoring the status of goods in transit (use of track-and-track capabilities); and use predictive analytics to respond smarter And fast in order to meet the very short delivery time. In Southeast Asia, GrabTaxi data allows taxis to see maps Heat to help policymakers find solutions to congestion issues. And in Cambodia and Myanmar, Thailand-based Drvr is using big data to solve fuel theft. Truck drivers in these two countries often stop mid-journey to drain fuel from their vehicles for personal use, prompting logistics companies to slash their drivers' salaries. Drvr uses big data to track these trucks and detect these variances Helps prevent thefts and reward drivers with integrity. And it would increase the use of mobile phones - especially in markets like Myanmar that are seeing a leap in ways Going online - motivating more of these companies to take advantage of logistics data. Looking ahead, scenarios for achieving greater impact through the use of logistics technologies are highly uncertain. Many of the trends are not yet ripe, but they may have a transformative effect on developing countries. Adjusting it could help emerging markets make rapid progress towards boosting their economies and moving towards a level of economic growth Economic development is much higher. How will emerging technologies and evolving business models support businesses in developing countries? 3 How was the comprehensive (unified) channels approach used in assigning logistics in developing countries? How have Asian countries in general used the capacity to generate big data? How did developing countries apply the sharing economy to solve the logistics problem?
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