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COVID-19 Vaccine Transforms Pharma Supply Chain Forever

COVID-19 Vaccine Transforms Pharma Supply Chain Forever
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COVID Supply Chain Challenges Prompt Technology Investment - Global TMS Revenues to Nearly Double to US $31 Billion by 2025

Share this article Share this article The expanding supply chain complexity underscores the need for synergistic technologies from AI to real-time tracking  OYSTER BAY, N.Y., March 3, 2021 /PRNewswire/  Proven ROI is the primary argument for Transportation Management System (TMS) adoption. Synergistic technologies like predictive analytics, automation, real-time tracking, machine learning, AI, and blockchain will continue to evolve for greater flexibility, improved customer support, and enhanced forecasting capabilities. TMS solutions enable greater visibility, efficiency, reliability, and flexibility of freight movement across modes, cargo types, and geographies. According to ABI Research, a global tech market advisory firm, worldwide TMS revenues are expected to nearly double from US$16 billion in 2020 to reach over US$31 billion in 2025.  Leading providers include Blue Yonder, SAP, and Oracle. Partnerships with TMS suppliers are growing, like Werner Enterprises with M

Study: Supply Chain Challenges Prompt Technology Investment

Study: Supply Chain Challenges Prompt Technology Investment
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e-Commerce & Contactless Spur Last Mile Delivery Growth to a 15% Global CAGR from 2020-2025

e-Commerce & Contactless Spur Last Mile Delivery Growth to a 15% Global CAGR from 2020-2025 ABI Research, telematics connections for last mile delivery in North America alone are forecasted to more than double from .51 million to 1.03 million in 2025. These opportunities range from massive retailers like Amazon, Walmart, and Target, along with local grocers, beverage companies, and restaurants, states Susan Beardslee, Principal Analyst, Freight Transportation & Logistics. Some of these customer options began building customer loyalty prior to 2020, although in more limited locations and lesser penetration. It is seen as a critical tool to address limited delivery capacity and safety of employees and customers.

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