Retail is growing at an unprecedented rate, especially after the advent of ecommerce. According to reports, the global retail ecommerce sales reached US$ 3.53 trillion in 2019. The amount is expected to rise to $6.54 trillion in 2022. That means we are expecting a huge customer demand, and retailers and ecommerce companies need to fulfill them efficiently.
With trends like same-day deliveries hitting the consumers, it has become very necessary to manage the back-end supply change effectively. Companies are turning to ecommerce logistics optimization to plan, execute and deliver products at the right time to the customers.