Logistics management can be rewarding, satisfying, and lucrative – but for companies and consumers alike, it’s still only a means to an end. The end is profit and happy consumption. And in 2018, the logistics industry will confront many challenges in delivering both. Here’s why:

Nearly 80% of organisations are concerned with disruption and competitive threats, especially from new digital-savvy entrants, a new study by Accenture has found.  

Tencent is seeking more avenues for its 980 million WeChat users to shop and spend.

While the China government’s proposed overhaul of China’s logistics industry may not directly affect the heavy and over-sized cargo transportation sector would not be directly affected, there could be significant consequences.

While predicting the future is never an easy task, in order to be competitive all businesses need to be able to accurately anticipate what trends will affect them in the coming year. Here is a look at how some companies in the supply chain sector are preparing themselves for the months to come.

When supply chain managers examine the global third-party logistics (3PL) marketplace this year, many industry analysts suggest that they take a “granular” view.

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The e-commerce industry is growing at an incredible rate, according to Route4Me. Consumer expectations are growing as well. A decade or two ago, people were happy as long as their orders got to their house within a day or two of the scheduled arrival date. Now, people expect retailers to offer next-day or even same-day shipping. Also, they like being able to track their orders through every stage of the delivery process.

The festive season puts an enormous amount of additional pressure on supply chains and logistics. So much so that the likes of Argos have opened new fulfilment centres to keep up with the swarm of expected same day deliveries, whilst ASOS has gone even further by planning to be the first in the UK to offer same-day-returns, just in time for Christmas. This will be ground-breaking for consumers, who will be able to book, via the retailer’s app, collection of unwanted items at a time and place that suits them. In order for retailers to optimise their supply chain strategies, a lot of planning and investment has been put into these new initiatives to ensure they can actually deliver on their promises.