TECHNOLOGY and internet proliferation have made e-commerce an integral part of people’s lives. The Philippines’ own e-commerce boom in recent years has been nothing short of remarkable. More:
According to Mordor Intelligence, e-commerce in the country is expected to grow at a compound annual growth rate of 14.1% from 2023 to 2028. Meanwhile, International Trade Association forecasts that the industry’s sales will reach $24 billion by 2025. For companies, ensuring deliveries reach their customers safely and as quickly as possible is critical to success. But this hinges on ensuring that supply chains are equipped to navigate evolving needs, bottlenecks, and the regulatory landscape.
Supply chain resilience rests on adaptability and agility in increasingly complex disruptive forces. According to a Gartner report, 75% of commercial supply chain management applications will embed advanced analytics, artificial intelligence, and data science by 2025. Meanwhile, the report also found that 28% of respondents are contemplating or already taking the first steps to leverage AI to unlock new efficiencies in logistics processes.
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