Since the rise and wide adoption of multi-channel sale approaches e-commerce has boomed in the UK and across the globe. Online sales now account for 11.9% of global sales and are expected to reach 17.5% of total sales by 2021. Figures also vary depending on the country as in China 19% of all retail sales occurred via e-commerce since 2016.
Stephen hartnettChanging consumer behaviour and the impact on logistics
Third-party logistics (3PL’s) are responsible for the outsourcing of part or all of a company’s distribution and fulfilment services. Their specialist solutions have seen a sharp rise in demand due to the increasing volumes of global supply chains and interdependent economy. Currently, it is estimated that 86% of Fortune 500 and 96% of Fortune 100 companies use 3PL services.
Stephen HartnettThird Party Logistics – Growing, Evolving and Innovating