AI

Market overview of Vietnam Food and Beverage Industry  Vietnam has become one of the most attractive and dynamic food and beverage (F&B) markets globally in 2019, ranking top 10 in Asia (IBM, 2019).  Total retail sales of consumer goods and services will always grow steadily until 2019. The growth rate in 2020 and 2021 will be slowed down due to the…

Asset tracking solutions help any industry that deals with high-value inventories or assets. Industries that deal with assets for critical support such as healthcare, manufacturing, mining, oil, and gas must have solutions for asset management. For businesses managing significant amounts of resources or maintaining equipment over a significant geographic region, using an asset tracking system significantly boosts their operations. Asset…

Over the past few years, blockchain technology has increasingly attracted the attention of various end-use industries. Blockchain is an internet-based technology that allows for the decentralized and immutable storage of huge amounts of structured data. Blockchain technology has the potential to increase the efficiency and profitability of most businesses and provide a platform for creating and distributing ledgers. Encrypted ledgers…

For the warehouse, supply chain improvements revolve around being productive, meeting customer service levels, effectively managing inventory, and running an optimal warehouse. All the recent disruptions in the supply chain have created an environment that accelerates innovation, digital transformation and enhanced automation. Automation in the warehouse is nothing new. Conveyors, automated storage and retrieval systems, sorters and many other technologies…

Modern robotics technology has the potential to optimize supply chains by making them robust and resilient to handle dynamic supply chain and logistics requirements. Logistics operations have traditionally been heavy in their reliance on manpower. But with the current complex market dynamics, soaring operational costs and scarce manpower, there is a need to automate logistics now more than ever. To…

The size of the global third-party logistics (3PLs) market is expected to grow from $900 billion (2021) to $990 billion this year at 9.4% CAGR, according to Business Research Company. The strong increase of global retail systems, especially in developing countries, is expected to be the main driving force to help drive the 3PL logistics market to grow strongly in…