Warehouses have become the center of innovation in today's business world that is dominated by omnichannel service delivery. The advent of the IoT is further fueling the innovation, enabling efficient and responsive inventory management. A push for omnichannel retailing urged by inflating customer demands and trends for faster and personalized individual products delivery is generating greater revenues for retailers. There is a growing repository of intuitive solutions that offer effective inventory management capabilities to enable multi-source product outflow. Many inventories today are monitored and managed by smart robotic systems that quickly procure and sort multiple orders simultaneously. Leveraging drone technologies to address the micro-logistics of product distribution is no longer a farfetched idea either. These systems provide greater efficiencies, scalability, and cost benefits to retailers of all sizes. The omnichannel retailing demands precise inventory control; and data analytics has a crucial role to play in enabling this. To enhance the customer experience, retailers are leveraging new but well-established concepts like streaming analytics and experiential retailing. These aspects are further enhanced with sales forecasting that provides insights into the product requirements, allowing retailers to prevent stockouts. As the new entrants in the retail inventory management expanse, intelligent recommendation engines augment inventory restocking efficiency based on real-time weather conditions. Another interesting development is the rise of `supply chain as a service,' elevating retail economies to new heights and opening new markets for outsourcing. The collective orchestra of modern technologies in the supply chain and logistics is set to bring greater performance, visibility, and control to inventory management. In this edition of Logistics & Transportation Review, we bring to you companies that are at the forefront of offering intuitive inventory management solutions to the logistics and supply chain industries. The edition also includes insights from the industry experts. Let us know your thoughts. EDITORIALSmart Inventories through Digital Supply ChainsCopyright © 2019 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.Editorial StaffOlivia HarperDavid CarterPaisley AaronClaire JonathanVisualizersRonald DonovanManaging EditorLester D'Souza*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffLester D'SouzaManaging Editoreditor@logisticstransportationreview.comJULY - SEPT, 2019 Volume 01 Issue - 02Published by ValleyMedia, Inc.To subscribe to Logistics & Transportation ReviewVisit www.logisticstransportationreview.com Email:sales@logisticstransportationreview.comeditor@logisticstransportationreview.commarketing@logisticstransportationreview.com
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