The logistics industry has been the subject of many challenges in recent years. With rising expectations and changing industry landscape, most logistics companies are looking for ways to address these changes and challenges. It’s fair to say that the rapid advancements in modern technology play a central role in the changing industry landscape.
Although some technological advancements can disrupt the industry processes, technology can mostly be used to leverage the power of automation, optimization of work processes, and artificial intelligence. Many industrial processes such as safety, transportation, data handling, and delivery have been optimized using technology.
This article will explain how technology is changing the logistics industry in more detail.
Shipment Tracking Systems
Shipment tracking is an important component that can be improved by employing modern technology. Any order in transit can be tracked in real-time with all details such as the current location, time till delivery, etc.
This increased tracking visibility helps shippers and logistics companies to manage delivery routes, cargo, and timelines much more easily. Plus, customers awaiting the order can also access its details, enhancing transparency and creating a better user experience.
Internet of Things (IoT)
Enhanced connectivity thanks to the internet has also played a primary role in improving the logistics industry’s workflow. Devices, vehicles, and employees are more readily connected to the internet, allowing quicker and easier access to information. This also enables users to leverage the power of automation with access to real-time data.
Artificial Intelligence (AI)
Artificial Intelligence (AI) is used to scan, read, understand, and access data, enhancing optimization and speed. By utilizing Artificial Intelligence to complete daily tasks, such as scanning products and labelling them, all the processes can be done more quickly, ensuring minimal delivery delays.
Although it has been there for some time, 3D printing can change the logistics industry in distinctive ways. It has emerged as a cost-effective option for many small products that are frequently transported.
Although large companies and industries have used this technology for many years, now, even smaller companies and brands are using 3D printing.
Radio Frequency Identification (RFID)
The emergence of radio frequency chips has revolutionized the logistics industry. These chips are conveniently placed on products, vehicles, cargo ships, and containers, emitting a unique radio frequency.
As soon as the product enters or leaves the premise (warehouse, port, or any intermodal point), the chip is scanned, notifying the company about the product’s current status. In short, it acts as a wireless barcode scanner.
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