Biggest Blockchain Technology Gains for E-Commerce Industry

Although blockchain technology was first introduced in 2008, there are still many rumors circulating it and its boon for the e-commerce industry. Ten years on, businesses and customers are mixing it up with Bitcoin and attributing speculative investments and illegal purchases to its use. For a bit of background : Bitcoin is a type of cryptocurrency […]

December 28, 2018

Three Main Uses for IoT Solutions in Cold Chain

Smart cold chain management has never been more vital. A high demand for refrigerated system capacities is spurred by the increased need for higher quality fresh produce, preferably organic. Statista claims the global food and beverages market will grow by 10.3% annually, resulting in $153 million in revenue by 2023. The pharmaceutical industry is also […]

December 18, 2018

Freight Management Advances as Uberization Comes into Play

Freight management goes digital to overcome the capacity crunch. From the early 2000s until the present, a new model of consumption has been gaining momentum. It is the so-called sharing economy. In contrast to the traditional business model, it connects customers and suppliers through digital platforms providing shared access to skills, assets, and services. Here […]

November 27, 2018

Improving Warehouse Efficiency: Let’s Get Back to Basics

As the logistics market accelerates its expansion, warehouses are keeping up with the pace, which is why warehouse efficiency becomes the number one priority. Business Insider has unveiled the Technavio stats forecasting the warehousing and storage market will witness a 6% global increase from 2018 to 2022. 44% of the predicted rise is expected to […]

November 21, 2018

Three Ways Amazon, Alibaba, and Ocado Benefit from Warehouse Robots  

Global trade competition, aging workforce, and rapid e-commerce expansion fuel transformations in logistics. Obviously, it will not take too long to watch an army of box-shaped robots zipping around a warehouse to fetch orders, scan pallet labels, or restock inventory. As technology evolves, warehouse robots are maturing and getting more affordable. Statista claims that the […]

November 16, 2018

How Logistics Software Reduces the Cost of Transportation 

From tougher global trade conditions to growing driver shortages, 2018 is chock-full of challenges in logistics. One of them is freight management.   Shipping costs are moving skyward with a 4.9% rate increase announced by FedEx, UPS, and similar carriers. The trucker’s market alone keeps breaking records. DAT RateReview has revealed the average US trucking rates […]

October 26, 2018

Software for Logistics Industry: Technology Challenges Handled by Innovecs    

There is one common thread that is consistent throughout the market today. Supply chain reliability continues to be at the forefront of many organizations faced with ongoing challenges such as increased disruptions, globalization and predicting future demand.    An ever-expanding e-commerce market along with a fast delivery of goods adds up to the tough competition among […]

October 24, 2018

What is the Impact of Big Data on Logistics and Supply Chain

Disruption and uncertainty. This is how PwC described ever-changing customer behavior. Today, B2B companies demand quicker shipments with more cost efficiency and visibility, while B2C customers show persistence in going digital. What is the outcome? Retailers and supply chain players are jumping on the tech bandwagon to keep afloat.   E-commerce giants like Amazon and […]

September 19, 2018

Mobile Gaming Taking The Lead in Gaming Industry Revenue   

One can hardly believe it is true unless it is published in a Newzoo report. It says global gaming industry earnings will hit a stunning $137.9 billion by the end of 2018, and mobile games will make up to 51% of the whole pie chart.      With long-tail PC games like Grand Theft Auto or Call of […]

September 11, 2018

How Artificial Intelligence Can Improve the Logistics Industry 

For a long time, logistics providers have depended on research and analytics to collect and understand the huge data they collect. But lately, data volumes continue to grow by leaps and bounds, making the old ways of doing business outdated. It is for this reason artificial intelligence is finding numerous applications in logistics industry networks […]

September 4, 2018