LOGISTICS TRENDS AND OPPORTUNITIES IN 2021

Logistics trends and opportunities in 2021

2020 was a difficult year for the logistics sector, which was affected by the global pandemic (Covid-19). Companies who work in the essential goods field such as food, medical or pharmaceutical were obliged to ensure the continuous sourcing of these products, generating the evolvement of the e-commerce logistics. 

An accelerated digital transformation of the logistics took a place thanks to that. Companies started relying on technologies more often in their now automated warehouses in order to optimize the operations and offer their clients more efficient services. 

The pandemic did damage the economy, but it did also offer it various advantages, such as this one, allowing companies to modernize their logistics. Here are the different trends and opportunities in the logistics field for 2021.

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4 Supply Chain and Logistics Technology Trends in 2021

4 Supply Chain and Logistics Technology Trends in 2021

supply chain trends2020 was probably the toughest year for every industry and individual. The global COVID-19 pandemic brought in an unprecedented wave of disruption. One of the worst affected was the supply chain and logistics sector. 

Despite the challenges, however, the industry managed to sustain growth. Data shows that the global supply chain management market is expected to grow from $23.2 billion in 2020 to $41.7 billion by 2026, at a CAGR of 10.3%.

Technology helped the global supply chain and logistic industry to keep up with the rapidly changing consumer behavior. The sudden surge in online shopping was a wake-up call for many, even for industrial hardware suppliers. It fueled the rapid adoption of technology in the first half of 2021, which is likely to endure in the coming months. 

Here are a few supply chain and logistics technology trends you can’t miss in 2021.

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