In November 2015, Beijing Century Joyo courier services registered with the US government as a non-vessel operating common carrier (NVOCC). Freight forwarding and the pricing associated with it has been considered opaque and ripe for disruption by providing better technology-enabled transparency and cost advantages. Unless you are in this business or following the news closely,… Continue reading The International Retail Supply Chain Battle
Category: Supply Chain
Driving Surety of Supply in Retail Sourcing using Blockchain
Surety of supply in the global supply chain can be interpreted as the ability to ensure product availability at the right time and right place to meet a planned customer demand. In the context of sourcing, it starts from identifying and working with the right suppliers in an origin market, manufacturing products to scale and… Continue reading Driving Surety of Supply in Retail Sourcing using Blockchain
The Logistical Challenge to e-Commerce Growth
Question: What does not excite a consumer to purchase a product at an online retailer instead of at a physical retail store? Answer: Several reasons. Starting with the idea that consumers still prefer to view/feel the products they buy to technical challenges such as fear of fraud in using credit card for payments. Most of… Continue reading The Logistical Challenge to e-Commerce Growth