The future of supply chain and logistics, in my view, revolves around several key trends, including the last mile, drones, and self-driving trucks. These trends at the intersection of technology and logistics evolve out of a long history of innovation. In fact, i nnovation in transportation has helped to shape our world in powerful ways. In 1869, Leland Stanford drove the Golden Spike into the ground in Utah, creating the first coast-to-coast railroad. In 1956, Malcolm McLain refitted an oil tanker to carry 58 shipping containers from Newark to Houston. Both of these breakthroughs helped the US to build a world-class infrastructure and lead the global economy. Today, we are in the early stages of a powerful technology disruption that will reshape our world in even more significant ways. How will drones shift freight patterns? Will self-driving trucks take over the roads? Can 3-D printers enable companies to compress their supply chains? Will “the Amazon effect” spark a new ...
LAHORE: In a letter written to the Lahore High Court chief justice, the pioneer of Pakistan’s nuclear programme Dr Abdul Qadeer Khan claimed that former president General (retd) Pervez Musharraf, under the influence of the United States, had pressured on him to read a statement written by him [Musharraf] on the television. According to Dr Qadeer, Musharraf had promised him that the nuclear scientist would be restored after a few days of the speech but Musharraf did not abide by his promise. Former prime minister Chaudhry Shujaat Hussain and lawyer SM Zafar were also witnesses in this matter, he added. Following no response from the provincial chief justice Sardar Shamim Ahmed Khan, Dr Qadeer filed a writ petition in the Lahore High Court requesting to allow him to move freely and appear in-person in a case already pending at the court, restraining the security officials from creating any hindrance in doing so. Dr AQ Khan makes plea for free movement A lawyers’ delegatio...
Dropshipping is a fulfillment method in retail where a store does not keep the products it sells in stock. Instead, products are stored by the product supplier. When a customer makes a purchase from the store, the supplier then fulfills the order directly to the customer, which means the store owner never sees the physical product. Unlike traditional retail, dropshipping allows merchants to sell products without ever holding any stock or inventory themselves. Third-party suppliers fulfill all orders for the merchants. Pros Little to no initial investment With dropshipping, you only pay for what you sell. This means that starting an online store could potentially cost as little as $30, or whatever price an e-commerce platform charges for users. Naturally, this opens the floodgates for virtually anyone to begin an online store and dropship their products. Simplicity Running an online store is simple with dropshipping. No need to worry about handling physical products, orde...
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