During the lockdown, where did you spend most of your time? Amidst the four walls of a brick-and-mortar business or browsing a digital store? If your answer is the latter, you’re not alone—this shift has become the norm for most of India.
The COVID-19 pandemic has drastically changed how we live, shop, and conduct business. From disrupted consumer behavior to evolving logistics demands, the landscape has shifted. According to studies, 2020 saw a 30.6% increase in online shopping compared to 2019, directly impacting third-party logistics (3PL) services. Let’s explore the key factors businesses need to consider for navigating the post-pandemic logistics ecosystem.
With the resumption of production post-pandemic, consumer demand is expected to rise. However, shipping products across city and state borders while adhering to new regulations will be critical.
The pandemic has disrupted supply chains globally, but stable transportation links between manufacturing units and end-users can help restore operations.
Questions to Consider:
Even as the pandemic subsides, consumer behavior will lean towards safety-first practices. Ensuring an omnichannel experience is key to meeting these expectations.
Tips for an Omnichannel Approach:
India faces economic challenges, which means consumers are focusing on necessities over luxury items. Safety will remain a top priority for online shoppers.
Adapting to Consumer Behavior:
The pandemic has accelerated the shift towards contactless payments. Countries like South Korea even quarantined or destroyed cash to curb virus spread.
Action Points:
Must read: Importance of A Supply Chain
COVID-19 has redefined the logistics service landscape. By considering these factors and partnering with a reliable 3PL provider like Shadowfax, businesses can streamline their delivery processes, stay competitive, and meet evolving consumer expectations. As a smart business leader, embracing these changes will not only help you navigate the current challenges but also position your brand for future success.
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