The e-commerce market, which was estimated to reach $200 billion by 2026, is now poised for further growth after the pandemic. It urged sellers and buyers – who predominantly operated offline – to get online and expand to newer markets with changing demand patterns.
The rise of the e-commerce industry has put yet another sector in the spotlight, one that has been a key enabler in its growth. The e-commerce logistics industry of India is expected to rise to Rs 492.8 billion by 2025, primarily due to increased demand from Tier II and Tier III cities and towns because of availability of affordable internet, rise in per capita income, surge in acceptability of online payment and the introduction of newer market players. The increase in demand means more pressure on logistics partners for flexible and agile solutions.
Leveraging technology for better logistical support
Fast delivery services and better technology to improve the customer experience is essential. To this end, major players are innovating their services to come up with better solutions. From automating supply chains to giving customers seamless end-to-end support, to redefining their return management solutions, logistics firms are determined to stay ahead of the curve and make the most of this e-commerce boost.
Yet there are various challenges that plague the sector such as high costs, ignorance about the right technology and failure to meet demands. Our third and final Shyplite Surge day comes with insights and views to help people tide over these worries.
Shyplite Surge, Shyplite’s first-ever mega virtual event, in association with YourStory, to be held from August 19-21, dedicates its final day to understanding the opportunities and challenges associated with the logistics and fulfilment domain. Their panel of experts from the field will share their own tips and stories to help logistics partners and e-commerce business owners keep up with the times.
What to expect on Day 3
The event, set to take place on August 21 from 3pm onwards, will give attendees an insight into the challenges and opportunities in the business logistics and fulfilment domain. Our panel of experts will be there to share some tips and tricks to avoid factors leading to increased supply chain costs and losses in transit.
The session will highlight:
- Panel discussion on leveraging technology in logistics: The panel discussion will see experts sharing their views about the sector, along with insights about the technology they have adopted and innovations that are set to make an entry into the field.
- Founders chat: The chat, hosted by Sugam Jain, Founder and CEO at Shyplite, will be a candid conversation with Gen Z leaders in the sector. It will lead to an AMA so attendees can get answers to all their questions.
- Concluding remarks: Sugam will also take us through the key highlights from the event, from Day 1 to Day 3. So, attendees who have missed out on a particular session can catch up. This will be followed by closing comments by experts.
Speaker lineup: Gaurav Gupta, Co-founder, Shipway; Navin Joshua, Co-founder and Director, Greenhonchos; Pranav Gupta, Founder, Top India Logistics; Sunil Kumar, Manager, Unicommerce; Parinay Itkan, Founder & COO, Shyplite and Sugam Jain, Founder and CEO, Shyplite.
If you are a logistics partner or want to start your own supply chain firm, then this session is for you. Click here to register: https://surge.shyplite.com/
