Technology innovation is key to the logistics industry. In the last couple of years, progressive innovations in the world of technology have benefited logistics industry, especially the supply chain. Here are some of the trends that one must look out for, which have the potential to make a huge difference to the overall industry.
E-commerce business has witnessed boom in the last couple of years. With increasing stress on quick delivery of purchased products at the customer’s doorsteps, it is becoming crucial to plan out the logistics well. Today the trend is veering more towards ‘next-day delivery’ or ‘same-day delivery’. To keep up with this trend, it is incumbent upon every retailer to chart out a smooth and detailed logistics plan to deliver products. Companies require a broad network of distribution, apart from state-of-the-art in-vehicle technology to keep up with the trend. This is one of the key areas where the logistics industry can shine.
Tech-Enabled Logistics Provider
Technology, as we well know, is an essential part of logistics, chiefly supply chain. Technology is required on a daily basis, whether it is to track the vehicle, or to monitor driver behavior, or to get the real-time asset status. Hence, there is no doubt about the fact that the transport management systems need to be updated all the time. This is where exactly the tech-enabled logistics provider come into play. They provide smart and seamless logistics that the shippers and the carriers can easily rely on.
Digital Freight Management (DFM)
One of the latest technology innovations is the Digital Freight Management. It is a platform that will allow the shippers to find drivers immediately, to transport truckload freights on the right trucks and follow the preferred route. The shippers will be able to track the vehicle during transit till the delivery is made. This network will also provide the shippers with competitive rates in a transparent manner. The Digital Freight Management is likely to put an end to the complicated hassles involving middlemen.
Technology is bound to make the difference everywhere, and logistics and supply chain industry is no exception. The trends will continue to influence decision-making and the overall work in years to come. They will make complicated and time-consuming engagements far simpler and quicker. What we can achieve through this is a better-equipped and safer transport system, which will enable us to provide a more efficient customer service and achieve a higher level of customer satisfaction.