Innovation in UK deliveries industry expected in line with market boom – Pitney Bowes

By Jonathan Dyble
The UK parcel market is expecting an inundation of innovative ideas and emerging technologies, with a growing emphasis placed on the delivery last mile...

The UK parcel market is expecting an inundation of innovative ideas and emerging technologies, with a growing emphasis placed on the delivery last mile due to a continued boom in deliveries.

Pitney Bowes, a global shipping and delivery technology company, has revealed in its 2017 Shipping Index that the continued increase in global parcel volumes, largely down to the growth in ecommerce, is behind this, up by as much as 48% between 2014-2016 from 44bn to 65bn.

See Also:

“As the UK sees a surge in parcel deliveries, consumers can expect a huge shake-up in last-mile delivery services,” said Ryan Higginson, Vice President and UK leader at Pitney Bowes.

“If parcel volumes continue to grow at this year’s rate, we could be sending 3.9bn parcels by 2021.”

The Amazon effect has forced retailers to move more readily into the ecommerce sphere in order to compete with the Silicon Valley giant’s ever-growing market expansion.

Pitney Bowes expect that new methods and models will include crowd-shipping, on-demand delivery, evening and weekend services and even the use of drones.

“All of this will help to shorten delivery times, lower delivery costs and increase consumer choice and flexibility,” Higginson continued.

The Shipping Index cites that the ecommerce market is expected to grow at a compound annual growth rate of 10% between 2016-2021, with parcel volumes reported to grow twice as quickly as this.

Share

Featured Articles

PwC Examines Digital Trends in Operations for 2024

PwC’s Digital Trends in Operations Survey for 2024 demonstrates a significant proportion of firms are struggling to achieve their desired outcomes

P&SC LIVE New York 2024 Virutal - SAVE THE DATE

Don’t miss out on your chance to attend Procurement & Supply Chain LIVE New York in 2024 Virtually, 5-6 June

Charities & NGOs Submit to The Global P&SC Awards for FREE

The Global Procurement & Supply Chain Awards hosted at P&SC LIVE London Sept 2024 welcomes charities and NGOs to submit for FREE

Procurement & Supply Chain LIVE: 2024 Dates to Remember

Digital Supply Chain

Gartner Unveils Top Supply Chain Technology Trends for 2024

Technology

What the Latest CSDDD Milestone Means for Supply Chains

Sustainability