openPR Logo
Press release

Digital Transformation Spending in Logistics Market: New Era Of Industry & Forecast

05-07-2018 08:59 PM CET | IT, New Media & Software

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Digital Transformation Spending in Logistics Market: New Era

Logistics' digital solution provides competitive advantage and profitability to the companies by improving supply chain, providing customer centric solutions and enhancing efficiency. These solutions allow various companies and supply chain logistics applications to closely integrated with labor management systems, core warehouse and transportation systems to enable novel process models and ensure fulfillment excellence. It impacts not only the cost side of the value equation, but also spurs the growth through the ability to deliver customer-focused and personalized logistics, with exceptional customer satisfaction and faster cycle times.

The logistics industry has opportunities to drive change in both operations and customer engagement including intelligent pallets, omni-channel commerce, slot optimization, mobile order management, and predictive maintenance. Companies embracing digital logistics solutions will achieve functional quality in three key areas including distribution, transportation and labor and resource management. Distribution includes real-time warehouse management system (WMS) technology and adoption of improved fulfillment processes. Additionally, the companies have taken advantage of the opportunities to significantly increase employee retention, and quality productivity that is available through advanced labor management solutions.

Get PDF Sample of This Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=41354

Digital transformation spending in logistics market is propelled by a web-based enterprise logistics applications that enable optimization and collaboration. It also leverages a central logistics information that provides clarity for entire logistics operation of the enterprises. Another driver for the growth of the Digital transformation spending in logistics market are rise of the digital technology across industry and technologically sound consumers. The onset of e-commerce has allow consumers, to compare prices with just the swipe of a smartphone and can source products from anywhere in the world. As, consumers become more inclined towards digital services, they expect to receive the same flexibility and superior quality of service in logistics industry.

Factors such as lack of digital infrastructure, privacy and security could pose challenge for the Digital transformation spending in logistics market. However various prominent companies including IBM Corporation and others are investing in their digital infrastructure significantly to overcome these challenges of the digital transformation spending in logistics market.

Get ToC of This Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=T&rep_id=41354

The growth of the digital transformation spending in logistics market could enable supply chain tracking that will help companies to make sure that they have the stock available at all the times. Furthermore, various digital logistics solution providers are evolving their products to cater the customized demand of the customer. Further, various digital logistics solutions based on cloud technology are available in the Digital transformation spending in logistics market for warehouse, transportation and labor management requirements.

Digital transformation spending in logistics market can be segmented on the basis of solution, systems, end-use industry, and geography. On the basis of solution, the market can be segmented into transportation management, warehouse management, logistics networks, and others. Furthermore, on the basis of system, the Digital transformation spending in logistics market can be segmented into fright management system, truck management system, fleet management system, and others. On the basis of end-use industry, the Digital transformation spending in logistics market can be segmented into Government, aerospace, defense, automotive, oil & gas, retail, manufacturing, healthcare, and others.

Geographically the Digital transformation spending in logistics market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa and South America. North America and Europe regions are expected to lead due to the technological advancement in the field of digitization. However, Asia-Pacific region is expected to grow at a significant rate due to the booming E-commerce industry, which is driving the digital transformation spending in logistics market.

View Our Report @ https://www.transparencymarketresearch.com/digital-transformation-spending-logistics-market.html

Some of the key players in the digital transformation spending in logistics market are IBM Corporation, DigiLogistics Technology Ltd., Mindtree, SAP SE, PartnerTech, Oracle, Hexaware Technologies, Advantech Co., Ltd., SAMSUNG ELECTRONICS LOGITECH Corporation, DSV, Digistics, Syntel, Inc., REICHHART Logistics Group, Tech Mahindra Limited, Digital Logistics Group Ltd. and more.

Transparency Market Research (TMR) is a next-generation provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Digital Transformation Spending in Logistics Market: New Era Of Industry & Forecast here

News-ID: 1042121 • Views: 298

More Releases from Transparency Market Research

Subsea Well Access System Market In-depth qualitative insights, historical data, …
Global Subsea Well Access System Market: Overview The global subsea well access system market is primarily driven by plummeting production from the oil and gas reserves together with ageing offshore fields. A quick shift toward subsea regions is the emerging trend in oil and gas production sector, marking an important divergence from the usual methods of production. Some of the subsea environment exists in most unexplored and extremely remote parts of
Nicotinic Acid Market Size, Share, Growth, Trends, and Forecast 2027
Overview The research report provides valuable insights into demand drivers, geographical outlook, and competitive landscape of the Nicotinic Acid Market for the 2019-2027 forecast period. Further, it throws light on restraints as well discusses opportunities at length that are likely to come to the fore over the forecast period. The analysis thus provided helps Market stakeholders with business planning and to gauge scope of expansion in the Nicotinic Acid Market over
1 – Decene Market Growth Analysis, Share, Demand By Regions 2027
Overview The research report provides valuable insights into demand drivers, geographical outlook, and competitive landscape of the 1 – Decene Market for the 2019-2027 forecast period. Further, it throws light on restraints as well discusses opportunities at length that are likely to come to the fore over the forecast period. The analysis thus provided helps Market stakeholders with business planning and to gauge scope of expansion in the 1 – Decene
Steep Slope Roofing Materials Market Analysis, Size, Share, Growth, Trends, and …
Overview The research report provides valuable insights into demand drivers, geographical outlook, and competitive landscape of the 1 – Decene Market for the 2019-2027 forecast period. Further, it throws light on restraints as well discusses opportunities at length that are likely to come to the fore over the forecast period. The analysis thus provided helps Market stakeholders with business planning and to gauge scope of expansion in the 1 – Decene

All 5 Releases


More Releases for Digital

Digital Twin
Innovations in sciences and technological advances will drive the development of different types of sensors. The demand for sensors in industries is increasing as they offer various advantage such as low cost and low power consumption. Publisher’s market study identifies the developments in sensor technologies and communication devices to be one of the primary growth factors for the digital twin market. Also, these sensors aid in enterprise mobility, remote monitoring,
DIGITAL FANTASY SPORTS
The #1 Fantasy Sports Cryptocurrency Dedicated to the Building the Ultimate Arcade for the Fantasy Sports Industry Emerging technologies and platforms are shaping the fantasy sports industry today in ways we could have only imagined a decade ago. Players are joining the sports fantasy scene by the thousands, introducing more games and exciting the fan base worldwide. With the expansion and the magnetism of the cryptocurrency technology, players and fans are benefiting from more earnings,
Digital Currency & Cryptocurrency – A New Digital Future
Digital currency, also known as Digital money, is a type of unregulated, digital money, which is issued and usually controlled by its developers, and used and accepted among the members of a specific Digital community. The Financial Crimes Enforcement Network (FinCEN), a bureau of the US Treasury, defined Digital currency in its guidance published in 2013. In 2014, the European Banking Authority defined Digital currency as “a digital representation of
TrendSights Analysis: Digital Consumption: Understanding digital culture
"The Report TrendSights Analysis: Digital Consumption: Understanding digital culture provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz" The overall time spent consuming digital content has already surpassed all other media sources altogether (TV, radio, print), which represents a new shift in the way consumers are engaging with digital consumption. In order not to be excluded from the digital world, brands are developing
Digital trust
How the company CryptoTec is contributing to the creation of a new world Cologne, 07 March 2016 Digitalisation is spreading to more and more areas of our lives. Take photography as an example: within a decade, it underwent a complete digital transformation. And, as Telekom has announced, landlines will be phased out by 2018 as well and will be fully replaced by IP telephone services. Digitalisation and the Internet are changing
Berlin local and digital
A10 shopping centre in Berlin: Wallpaper is an attractive wall covering for the retail trade Bückeburg, 7 November 2012 - Visual attractions are a proven means of drawing customers into shops. As a result the operator of the A10 shopping centre in Berlin chose customised printable Erfurt CA wallpaper from Neschen. ECE took the decision to use wallpaper and in particular the Erfurt CA wallpaper at an early stage. "As