Banking And InsuranceCryptocurrencyDigital MarketingErpFood And BeveragesHealthcareLegalMarketing And AdvertisingMedia And EntertainmentMetals And MiningOil And GasRetailTelecom
Artificial IntelligenceBig DataCloudCyber SecurityE CommerceEducationGaming And VfxIT ServiceMobileNetworkingSAPScience And TechnologySecuritySoftwareStorage
CiscoDatabaseGoogleIBMJuniperM2MMicrosoftOracleOracleRed Hat
CEO ReviewCompany Review

The Silicon Review Asia

Online retail boom has left ecommerce companies to look for alternative warehousing facilities

Online retail boom has left ecommerce companies to look for alternative warehousing facilities

In the digital world we live in; there is an ever-growing demand from ecommerce companies, including, JioMart, Flipkart, and Amazon. This has forced ecommerce companies to look for warehousing spaces. Storage crisis has made companies look at other options like auditoriums, marriage halls, high-street stalls, and malls that have looked very dull since the beginning of the pandemic. Last year, ecommerce giant Amazon had announced that it would be expanding its warehousing facility by 20 percent, covering more than 32 million sq. ft. across 15 Indian states. Amazon has also launched many ‘receive centers,’ and this will serve as product collection points for simplifying the logistics.

Jiomart from Reliance Industries is also looking forward to investing in supply chain efforts and logistics. Managing director of Welspun One Logistics Parks, Anshul Singhal, has stated that the majority of the demand for storage is coming from the ecommerce segment, and the companies are now more focused on express delivery or the last mile. Many companies in the grocery department are now looking at options like malls or retail stores to serve them as dark warehouses. This is helping the grocers deliver their products within the four-hour window or same-day delivery to customers.


Salesforce Expands into Thailand, Opens Office in Bangkok

Salesforce has announced permanent presence in Thailand by launching its new office in the country’s capital, Bangkok. The permanent presence wi...

GMLL is expected to soon add two more stores to its retail arm ‘Price Mantra’

Garment Mantra Lifestyle, a popular name in the Indian fashion retail segment, recently made an announcement that the company is expanding its retail ...

Tariff plans will cost higher from the next financial year as telecom companies are gearing up to increase rates

The ongoing Covid pandemic had significantly increased the number of mobile and internet users worldwide. The high amount of usage is expected to drop...

Business Travelers to Stay at Singapore’s Changi Airport Bubble

Singapore’s open economy depends heavily on tourism and business. But its vibrant but small economy has been hurting as the circumstances due to...