Is E-commerce driving the Industrial Explosion?
According to experts at RealShare Southern California, even though e-commerce gets all the recognition, it might not be solely accountable for the industrialized bloom in the first quarter. Variations in the supply chain, which ensure availability of goods to consumers, are mainly responsible for the industrial boom this cycle.
Despite the fact that e-commerce is one driver, today, the variations in the supply chain have created a need for commodities to be closer to consumers. Experts believe that putting goods close to people is a necessity and supply chain is really driving that activity.
While some say that supply chain has been principally responsible for the industrial movement, others believe that e-commerce demand is strong and has shifted the trade market towards the people. In addition, the demand for manufacturing is still huge even though it is not a new concept and has been around for about 25 years.
Many professionals and experts believe that a big driver in the market has been on the e-commerce and delivery side. They have witnessed a revolutionary movement where e-commerce comes in and offers the final leg of the services to end-users. Therefore, they consider e-commerce to be a significant driver for the industries. As a result, there is an extreme supply deficiency in few places around the globe.