Ever tried purchasing something online from a Chinese merchant and realized that it takes weeks to deliver your product - which sometimes doesn't even arrive after all that waiting and may lead to an argument with the merchant?

The Indian cold chain sector, which is currently grappling with such issues concerning the quality of food products and food safety maintenance has realized the necessity of faster development, and could grow at the rate of 10 percent to 15 percent per annum in the next five to 10 years, according to Arvind Surange, chief consultant and proprietor, ACR Project Consultants Pvt. Ltd.

China Daily reports that the value of trade in China's goods in 2013 is set to exceed that of the U.S., making the world's second-largest economy the world's top trader for the first time in the modern era.

Densification is the process of reducing product size (volume or weight) while maintaining or increasing its value. This is not a new trend. In fact, it is a tenet of good supply chain management and logistics, according to a four-part blog series published by the MIT Center for Transportation & Logistics.