Technologies that are Changing the Future of the Logistics Industry
Today’s all-embracing technology intertwines the logistics industry with a major impact and influence. The digital transformation achieved in logistics documentation services and logistics management services has paved an evolutionary step for logistics companies.
The disruptive technologies and how they are changing the future of logistics are given below in detail.
Internet of Things (IoT)
This technology uses the internet and intelligent sensors/alarm systems (other devices as well) connecting almost everything through the internet and under one roof. This technology has greatly reduced the costs and risks of logistics companies. These devices offer better monitoring and control of goods when it is transported from the point of origin to its destination.
Radio Frequency Identification (RFID)
This technology is used for tracking goods such as containers, shipments, and other materials by the logistics industry. RFID makes use of embedded sensors or tags capable of emitting radio waves for data capturing in real-time which helps in tracking the information of goods.
Autonomous Vehicles and Unmined Aerial Vehicles (UAVs)
This is a completely futuristic tech and is already implemented in logistics management services due to its rapid and potential impact. Autonomous vehicles (trucks, delivery vans, etc.) are already in supply chain transits widely. UAVs (cargo drones) capable of transporting goods to faraway places are also being tested in logistics, although for it to hit the field will take when proper regulatory measures are in place.
Global Positioning stem (GPS)
The proficiency and especially the accuracy aspect of GPS technology greatly amplifies the logistics efficiency and productivity. The movement of delivery vehicles is tracked with this technology and it also provides optimum routes or traffic information in real-time exceptionally enhancing the customer satisfaction criteria due to prompt and timely services.
Integrated Safety Technologies in Vehicles
The logistics industry is always faced with several safety challenges while in transit due to the high demand for faster turnaround times. Although there are now safety technologies integrated into trucks and other freight-carrying vehicles such as lane assist, backup cameras, in-cab cameras, etc. which will not only ensure the safety aspect but also the supply chain efficiency.
Enhancement in Cybersecurity Measures and Systems
The cybersecurity measures and systems have been greatly enhanced in various logistics documentation services. Since all operations are cloud-based and are the new norm of this industry, it is also bothered by increasing cybersecurity risks. So companies have proactively prepared themselves for worst-case scenarios or potential attacks with the help of high-end and unfailing data security/confidentiality measures and systems.
IoT has been a major factor in the increased demand and development of mobile apps for various logistics operations. Some apps facilitate the access of transit and goods information such as trucking miles driven, freight sent, freight waiting to be sent, inbound orders, and more. Even information on marketing leads or for providing customer service interactions is also made through mobile apps. Other processes such as inventory management, barcode scanning, fleet management, shipment tracking, and order management can also be done via. mobile apps. With the help of mobile apps, there is an increase in logistics efficiency leading to soaring customer satisfaction levels.
Transportation Management Systems (TMS)
And increasingly popular technology in logistics management service boosting logistics efficiency and greatly reduces operational cost, especially for companies shipping regularly. This technology has significantly improved over the years helping companies update their obsolete systems.
An automated technology highly complimented by the Internet of Things and cloud computing analyzes voluminous operational data to provide real-time insights. This tech can highly reduce data inconsistencies, and generate analytical reports for rapid and meaningful decision-making that enhances customer services. The result is increased productivity, enhanced and seamless communication between all involved parties, tracking supply chain assets, and more.
A potential technology with a huge impact on logistics due to its impenetrable security and unalterable nature. As a result, it facilitates enhanced and accurate record-keeping and tracking capabilities.
Artificial Intelligence (AI)
AI can make nearly automated decision-making processes technology with its potential to figure out patterns and make future predictions for favorable logistics scenarios. With AI, employees can cut down their routine-based task efforts by almost 90%. Hence they can pool their efforts to core logistics aspects for enhanced productivity for achieving streamlined operations.
This is not a technology yet but is integral in implementing technologies. Its flexibility enables logistics companies to expand and reduce capabilities to meet the industry’s dynamic nature. It also highly enhances the efficiency and visibility facilitating quick scalability for processes. Mainly it is achieved through TMS and automation with a partnership from a third-party logistics company.
Interactive and Conversational Chatbot Systems
A highly cost-effective alternative in providing real-time customer support. It can be webpage integrated or voice-controlled systems capable of interacting with customers to provide support. These days sophisticated, cost-effective, and AI-powered chatbots are developed to automate tasks.
These are the disruptive future technologies impacting the field of logistics with some incredible performance metrics offering a huge load of benefits.