Logistics and Supply Chain Innovation: A Practical Guide to Disruptive Technologies and New Business Models

Description

Global disruption, new technologies and changing consumer habits are causing turmoil in the supply chain industry. This book shows businesses how to remain resilient in this dynamic new environment. The supply chain crisis of 2021 exposed the necessity of a sustainable supply chain. The Fourth Industrial Revolution has transformed our society and economy. The logistics and supply chain industry continues to be innovated by automation, blockchain and sustainability. Amid all this volatility, it is vital for businesses to not only protect their operations from disruption, but to rise to the challenge that these innovations pose to become game-changers in their sectors. Now in its second edition, Logistics and Supply Chain Innovation provides vital insight into the major trends transforming the supply chain and logistics industry. Featuring a new section on the role of technologies in reducing carbon emissions, case studies from companies such as Amazon, Alibaba, Maersk, UPS and DHL, as well as a full update of all existing content on crowd sourcing and shipping, on-demand delivery, autonomous vehicles and more, Logistics and Supply Chain Innovation is the essential guide to thriving in a rapidly developing logistics landscape. Online supporting resources include PowerPoints and sample case studies. Cover Contents About this book Acknowledgements Introduction PART ONE The impact of innovation and disruption on the supply chain 1 The Fourth Industrial Revolution and the anatomy of innovation Introduction Themes of the Fourth Industrial Revolution The anatomy of innovation Organizational innovation The convergence of innovations: the ‘Physical Internet’ Summary References 2 Breaking the paradigm How to be a successful innovator: addressing supply chain inefficiency The ‘4Ds’ of disruption Releasing value through disruption Summary References 3 Lessons from the past The economic case for containerization Social and political barriers Legislative barriers Technological barriers Resistance from market incumbents Unpacking the economic benefits Summary References 4 Disruption to the post-Covid-19 supply chain and logistics industry De-globalization and protectionism Covid-19’s implications for the transport sector Environmental considerations Summary PART TWO Transforming supply chain models 5 The direct-to-consumer model and its implications for logistics Why are direct-to-consumer channels important? What is ‘direct-to-consumer’? DTC challenges The implications for logistics and express companies Direct-to-patient (DTP): disrupting pharma logistics Homecare medicines services Summary References 6 Alternative downstream retail distribution models Introduction Alternative delivery solutions Environmental and efficiency benefits Summary References 7 On-demand delivery and crowd-shipping What is ‘on-demand’? The ‘gig economy’ and the status of transport workers The future of on-demand delivery in a post-Covid-19 world Will crowd-shipping finally take off? Summary References 8 Innovating to meet the challenge of urban distribution Megacity logistics – challenges of a transforming environment ‘Nanostores’: retail supply chain challenges and opportunities in developing markets Reinventing urban consolidation centres A smarter approach to urban distribution Summary References 9 The disruptive power of e-retailing The e-commerce phenomenon E-commerce impact on traditional retail supply chains Impact on inventory holdings Logistics beneficiaries of e-retailing Returns challenges Cross-border e-retail issues and risks Summary References 10 Amazon – the ultimate disruptor Logistics strategy Logistics capabilities Amazon’s logistics infrastructure Amazon’s struggles with labour Sustainability Amazon rides the Covid-19 wave Summary References 11 3D printing and the transformation of upstream supply chains What is 3D printing? Challenges to adoption Why will 3D printing disrupt supply chains? A supply chain transformation Adoption by industry sectors Implications for the express and logistics industry Investment by logistics companies Impetus from Covid-19 Summary References PART THREE
New technology development and adoption 12 The Internet of Things, Big Data and artificial intelligence ‘Internet of Things’ in the supply chain Application in the logistics industry The future: printable electronics? Big Data and artificial intelligence (AI) Summary References 13 Control towers and supply chain visibility The role of the logistics service provider Cloud-based services Enabling supply chain visibility The role of ‘middleware’ Supply chain visibility platforms The future: increasing shipper choice and systems convergence Summary 14 Blockchain in supply chains What is blockchain? Potential areas of use in logistics and supply chain Examples of blockchain in the supply chain Assuring supply chain integrity Developing trust Blockchains and false data Blockchain and smart contracts Blockchain problems The outlook for blockchain Summary References 15 The disruptive potential of robots and automation in the warehouse The rise of the robots Robotics in logistics Warehouse design and demand People versus robots Turning workers into robots? What will be the future role of the LSP? Robots in the supply chain Summary References 16 Autonomous vehicles and delivery robots Introduction The forces behind autonomous trucks Barriers to autonomous driving Technology progress Platooning Prospects for full autonomy Other autonomous vehicles Summary References PART FOUR Digitalization of logistics markets 17 Digital road freight and warehousing platforms Digital road freight platforms ‘Digitalizing’ the warehousing sector ‘On-demand’ warehousing Summary References 18 The digitalization of international freight forwarding The importance of digitization The implications for freight forwarders Digital freight forwarding platforms Survey: the use of online platforms Digital freight success: make or buy? Why freight forwarders will adapt and survive Summary References 19 Disrupting trade finance Introduction What is trade finance? Why does the sector need shaking up? Trade finance innovators and disruptors Blockchain and ‘smart contracts’ The new competitive battleground for freight forwarders? Summary References PART FIVE
Innovating for sustainability 20 The role of new technologies in mitigating climate change Using technology to drive efficiencies Is there an over-reliance on prospects for technology development? The role of government as facilitator Shipping lines split on best way to decarbonize Summary References 21 A guide to alternative propulsion systems Different powertrains for different needs Types of alternative fuel Meeting the challenge of charging electric vehicles Summary References 22 Designing smart and circular supply chains What does a circular economy mean? Impact on trade The economic impact Industry sector circularity Consequences for logistics Circular fashion: solutions to fast-fashion waste Summary References 23 ‘Shifting to Green’ survey Survey sample profile Attitude to sustainability Carbon emissions measurements and targets Factors driving adoption and perceived benefits Corporate environmental initiatives Outsourcing Future fuels Summary Reference PART SIX
Future directions for global supply chains 24 The ‘Great Reset’ Covid-19: a catalyst for change Globalization under fire A ‘Great Reset’ is already under way Summary References Conclusion Index