article thumbnail

5 Myths of Making Robots Work with People

Logistics Viewpoints

09 billion by 2027 and grow at a rate of 15. 33% annually from 2022-2027. In this article, we’ll take a look at a few of these and give you the real answers on orchestrating and optimizing the work of people and robots in the warehouse. But there is still much to learn.

article thumbnail

Cargo Chat: BlueGrace Execs Talk Nearshoring

Blue Grace Logistics

. “New investment driven by nearshoring could reach about $46 billion in the next five years, helping boost Mexico’s annual [gross domestic product] growth to around 3% in 2025 to 2027, from an estimated 1.9% READ THE FULL ARTICLE HERE in 2022,” the report stated.

Cargo 62
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

How Technology Can Help Small & Medium-Sized Businesses (SMBs) In The Supply Chain World

Turvo

billion by 2027 , most large organizations are heavily invested in supply chain management technology and tools. Once the items ordered are ready, the supplier contacts a shipping company to move the products. While this has been the norm, it’s not the most efficient system today.

article thumbnail

The Role of Logistics Management in Optimizing Supply Chain Operations

Locus

This article will provide easy insight into the world of logistics management—from the key components and challenges to tips on optimizing it for your business. between 2020 and 2027. What is logistics management? The use of transportation management systems (TMS) for last-mile delivery is expected to grow at a CAGR of 16.2%

article thumbnail

Trends in the Food and Beverage Industry

Trinity Logistics

For instance, a recent Forbes article shared that 60 percent of consumers now order delivery or pickup at least once a week, with takeout predicted to rise to 21 percent of restaurant industry sales by 2025. Likewise, by 2027 , cold storage construction is projected to reach $18.6 percent from 2018 to 2020.

Trends 66
article thumbnail

The cornerstone of the circular economy

247 Customs Broker

A year ago, I co-authored an article on reverse logistics based on research SCMR did with WERC and the Reverse Logistics Association. Based on the present growth rate for returns, by 2027, customers will return nearly $1 trillion in merchandise annually. Here are a couple of facts and figures to put returns in context.

article thumbnail

Why Experiential Retail Might Just be The Secret to Customer Success

Locus

According to estimates, the global market for last-mile delivery might reach up to $200 billion by 2027 due to increased online sales. The article looked at the examples and methods of experiential retail. As consumers are moving towards e-commerce shopping to meet their needs, faster delivery has become a demanded expectation.