Ans: In the past, companies have relied on their own in-house logistics and distribution operations to distribute products. This has led to many problems such as high costs of operation, inefficient inventory management, low productivity, and a lack of transparency.
The new digital era is bringing about changes in how organizations manage their supply chains. The shift from an analog world to a digital one will have profound impacts on traditional logistic business models:
Transparency: In order for businesses to compete effectively in today’s global marketplaces, they need to be able to provide customers with complete information regarding the origin of goods and services.