For any commercial manufacturing business, a huge expense and consideration is the logistics of product delivery. Logistics for many businesses are a nightmare of data surplus and chains of liability. As we move further into the 21st century, the headache is being taken out of logistics through digitization. According to Sangeet Paul Choudary, of INSEAD Business School, the forces of improved automation of inventory tracking methods, implementation of block-chain technology as a method of maintaining a distributed ledger, and the adoption of application programming interfaces (APIs) that allow databases and software to communicate with each other, innovative businesses have been able to springboard to lucrative business models. As logistics needs continue to develop and scale, new businesses will keep rushing to automate and digitize lean solutions to problems that we didn’t know needed to be solved. Read more>>