Many online survey companies and other analysts predict that there might be a huge demand for online platforms during the festival season, it has already been started. Online retails platforms have started receiving a huge bandwidth of order which needs to get processed within a short span of time to meet a highly optimized supply chain. Fulfillment centers of these online platforms are getting loaded with thousands of orders which are getting processed by the temporary works. Walmart one of the largest players in the retail market has employed many artificial intelligence devices for tracking their new orders.
Walmart has already started changing its 42 warehouses as fulfillment centers which were earlier used for shipping the order. This move from the company was criticized by the experts in the industry because it might lead to damage to their goods while handling. Even though many companies have been using robots in transferring orders from point A to B still it has involved multiple manual operations which might lead to a mishandling of products. All these platforms are working with their full strength by engaging temporary employees in processing the orders. Logistics has been greatly improved over time which makes the supply chain easier than ever before. Employing a computational device in processing the order has reduced the processing time.
The surge in the online order has been witnessed during the time of early pandemic where the majority of the population started purchasing their order through these online platforms. Other than the giants in the online industry many other small players in the industry have introduced their online platforms for delivering their products and goods. It looks like the retail industry will undergo a massive transition in the upcoming days where the current young generation prefers shopping through these platforms rather than spending time in local stores searching for their preferred products.
Many shipping companies have been talking with automobile manufacturing companies about developing autonomous electric vehicles which have the ability to operate on their own for delivering to the right customer. Introducing this equipment in their business might increase these companies to optimize their order within a short span of time. Not only in the US many other countries including European and Asian countries have started changing their shopping pattern through these online platform. These platforms have millions of products from various categories which also gets an EMI option for its customers for processing the order. These platforms provide many user-friendly options that increase their sales volume.
These companies have set up a fully automated warehouse in different parts of the country which is reported to process order 7x times faster. Product manufacturing companies have also entered into online platforms for selling their products to their customers. It’s clear that these industries have to invest in developing a creative digital product for online shopping. Technology has once gains proved its potential during the time of pandemic by making the people shop most of their products through their mobile phones. Almost every country around the globe is experiencing such a sophisticated shopping experience as a result of technological advancement.