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Key Themes Driving Innovation, New Business Models, and Creating New Opportunities in the Supply Chain
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Innovations in logistics are aplenty with APAC fueling a lot of this activity from its home ground. From self-running trucks to automated contracts, the supply chain is ripe for innovation and homegrown APAC start-ups are plowing the way. The market is seeing the rise of these new breed of participants along key future themes, including artificial intelligence, autonomous technologies, digital platforms, and Blockchain. This is expected to create a lot of disruption in the value chain and give rise to new business models and potentially even lead to disintermediation within the supply chain. For instance, the industry is making a conscious shift from asset-centric models to more digital asset-light approaches, enabling new types of services such as on-demand, real-time, and agile last-mile delivery solutions suited for the uncertain nature of the urban supply chain. Looking ahead to the future, autonomous technologies such as drones and autonomous trucks are also expected to plough the road, as they drive efficiency through cost savings from less fuel consumption. Approximately 200,000 trucks are expected to be making autonomous deliveries by 2030. Blockchains will introduce more trust and transparency into the supply chain improving business process agility. Finally, artificial intelligence approaches will lend new cognitive capabilities to moving and thinking assets in the supply chain.
This study offers a detailed analysis on each of these thematic viewpoints with timelines of impact, empirical evidence, and key participants to watch to benefit from these revolutionary transitions. Discover how these segments are disrupting the market:
Key Issues Addressed
Discover how these trends are disrupting the market and the traditional industry’s business model with this Frost & Sullivan research.
Author: Archana Devi Vidyasekar
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