Retail Logistics Market 2024-2028: Size and Operational inefficiencies; growth driven by the Mode Of Transportation, Some of key Companies Positioned Strategically

The retail logistics market size by Mode Of Transportation (Roadways, Railways, Waterways, and Airways), Type (Conventional retail logistics and E-commerce retail logistics), and Geography (APAC, North America, Europe, South America, and Middle East and Africa), is forecast to increase by USD 265.5 billion. The market is expected to grow at a CAGR of  over 14.37% between 2024 and 2028.

• In the retail industry, optimizing logistics operations is crucial for ensuring business success. This involves streamlining resources, minimizing inventory levels, fostering collaboration and communication between internal and external stakeholders, and expediting product cycle times. However, retail supply chains often face challenges due to a lack of transparency and information silos within key business areas. To address these issues, it is imperative for vendors to adopt advanced enterprise resource planning (ERP) software. Traditional spreadsheets are insufficient for managing the intricacies of retail logistics, as they lack the ability to efficiently monitor the supply chain in real-time. The use of outdated tools can result in operational inefficiencies and increased error rates. Therefore, implementing modern ERP systems is essential for retailers to gain end-to-end visibility, improve collaboration, and enhance overall supply chain performance.
• The Retail Logistics Market encompasses the transportation, storage, and management of goods from manufacturers to retail stores. This essential business process facilitates timely and efficient delivery, ensuring customer satisfaction and maintaining inventory levels. Market growth is driven by factors such as increasing consumer expectations for faster delivery times, the rise of e-commerce, and the implementation of advanced technologies like automation and real-time tracking systems.

Access the full report to know who are the other key countries segment-wise forecast and historic data

Some of the Key Companies:

• Burris Logistics Co.
• C H Robinson Worldwide Inc.
• DB Schenker
• Deutsche Post AG
• DSV AS
• Expeditors International of Washington Inc.
• FedEx Corp.
• Hub Group Inc.
• J B Hunt Transport Services Inc.
• Kenco Group Inc.
• Kuehne Nagel Management AG
• Lineage Logistics Holdings LLC
• Nippon Express Holdings Inc.
• Penske Corp.
• Ryder System Inc.
• Schneider and Cie. AG
• Total Quality Logistics LLC
• Uber Technologies Inc.
• United Parcel Service Inc.
• XPO Inc.

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