Remove Study Remove Survey Remove Trends Remove Video
article thumbnail

AI in Logistics: A Sea of Potential Amidst Waves of Change

Freightos

In one example, an employee of Varda, a SpaceX-like company, began to publicly attempt to replicate the study and had over 10,000 people tuning in to watch a live stream of rocks in a furnace. Clearly yields need to improve dramatically for more testing (you’ll see them attempt a heating test in the video).

article thumbnail

The New Definition of Supply Chain Agility and Resilience in an Unpredictable World

Logistics Viewpoints

In a study of logistics providers conducted by Fraunhofer IML, only 36% of organizations reported that they had a clear overall plan for digital transformation. In fact, IT spend as a percent of business capex crossed over the prior ~10 year average in 2019 and we see that trend extending in early 2020.”.

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

COVID-19 Pandemic Triggers Surge in Global Food Delivery Industry

Logistics Bureau

A study by market research group NPD reveals how that particular market grew in value in January by 20 percent compared to a year earlier. Tapping into the trend, US fast-food concerns McDonald’s, Starbucks, contactless delivery services in China. Fortunately, this trend has yet to reach Australia. and Meituan Dianping.

article thumbnail

What is the Hyperconnected Era & “The Internet Of Things” and What does it Have to Do with Manufacturing & Logistics?

GlobalTranz

We never want to take for granted that although this subject is one of the hottest trends looking to transform the world the way the internet did that everyone understands what is the Hyperconnected Era of “The Internet of Things.” What is the Hyperconnected Era or “The Internet of Things?” According to Gartner, Inc.,

article thumbnail

Fleet Telematics: A Technology Trip Continues

IoT World Today

Mobile Resource Management Systems Market Study” that about 13 million devices enabled with GPS and wireless connectivity are deployed today to manage fleet vehicles, trailers, equipment and field service workers across a variety of industry verticals. IoTWT: Video telematics systems seem like a fairly recent technology development.

Video 84
article thumbnail

How to Boost Your Ecommerce Conversion Rate

Ship Monk

According to an ongoing study of 3,036 Shopify stores, the average conversion rate (visits that resulted in purchases) in 2022 was 1.3%. In fact, studies show that the more expensive your product or purchase type (such as a subscription), the more visits they will make before purchasing. Even when done well, it’s a miserably low rate.

article thumbnail

Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

According to a study by The Insight Partners , the global 4PL market was valued in terms of revenue at $56,472.1 The study cautions that lockdowns and quarantines associated with the Coronavirus are expected to affect the revenues of the global 4PL market players in the short term. The 4PL Market is Growing Exponentially.

4PL 116