Logistics Tech Market Map — October 2017

An in-depth look startups and corporations pioneering the logistics journey

A few months ago, I met with executives from Walmart, as part of a delegation visiting Israel, meeting with the brightest minds in the country. Participating in these meetings opened my eyes to the extraordinary world of logistics — a trillion dollar industry that connects the world, responsible for shipping some $19 trillion dollars worth of goods annually. Walmart, Amazon, Target, Gap and every retail business has to tackle hundreds of potential supply chain nightmares to deliver their products from the factory to their consumers’ doorsteps. While the level of innovation taking place today in the industry is unprecedented, startups continue to reinvent the status quo to solve pain points leveraging everything from robotics to drones to big data analytics.

What is Logistics?

Before highlighting the process of shipping goods from point A to B, it’s helpful to begin with a basic understanding of logistics. “Logistics is the management of the flow of goods, information and other resources between the point of origin and the point of consumption in order to meet the requirements of consumers.” The logistics industry is one of many moving parts including transportation, inventory…