Monday, May 25, 2020

E Commerce Boom s Impact On Logistics Essay - 895 Words

The E-Commerce Boom’s Impact on Logistics by Matt Magpantay, Marketing Associate, Evans Distribution Systems The time of elaborate, multi-story shopping centers is rapidly coming to a close with the rise of Ecommerce. Over the last decade, technology has inspired an online retail boom that has benefitted some retailers, while leaving others helpless. With the younger generations embracing smart phones and tablets, Ecommerce’s role has shifted from an untested frontier to a vital pillar for the retail industry. In fact, total global business to customer (B2C) Ecommerce sales was expected to top $1.5 trillion in 2014, and it is anticipated to grow 88.4% to $2.3 trillion by 2017. Ecommerce in the United States is also expected to have an annual growth rate of 9.8% between 2013 and 2018. Europe, on the other hand, is expected to grow larger with an annual growth rate of 12% within the same time frame. In addition to those two established markets, emerging markets will also play a key role in the future as the demand for smart phones and tablets will grow alongside a burgeoning middle class. Furthermore, a study made by OC C Strategy Consulting shows that Ecommerce export values will increase annually by 30% between 2013 and 2020. The Ascension of Online Grocery Shopping In most countries, shopping for groceries is the largest category of retail spending, but it has also been one of the most resistant to change. In the United Kingdom, for example, online groceryShow MoreRelatedDell Inventory Management2977 Words   |  12 Pagessales instead of putting capital in producing items that other manufactures are already creating. 2. In the 1990s, the computer market revolved around desktops, notebooks, and network servers. 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