The 5 Biggest Logistics Trends for 2019Posted by Trukky Logistics on May 17th, 2019 We cannot undermine the power of logistics. It is because of logistics you get whatever you want wherever you need. But like any other industry logistics has also seen a lot of trends which has changed the way things operate. From Amazon’s moves to rapid proliferation of internet of things (IoT) thing have actually changed at a rapid pace.
Some of the biggest trends to watch out for this year have been mentioned below:
Everybody is aware of condition of Indian roads. You see potholes, unsafe bridges, and dilapidated highways everywhere. In fact the condition is shockingly dangerous and we have been making no qualms about it. But now it has been anticipated that Govt will be making considerable investments in infrastructure and this will without a doubt have a positive bearing on way things work in transportation industry. Some real good change is on way and we have to wait till we see the results.
With Internet of things, the world is becoming so much connected. Wherever you go you are not alone, there is always a connection. Due to this better decisions can be made with respect to staffing, routing and warehousing. It will be a win- win situation for the customers as they will get better outputs. It is now possible to track the shipments via GPS, RFID and other connected sensors. In fact the entire system is treading towards efficiency and betterment. Due to growth in Artificial Intelligence and machine learning used in transports , Iot data will be managed and analyzed in a better way. This will ultimately lead to fall in costs.
When we buy things we can read product review, do the price matching and go for various shipping options. But then all these have bearing on supply chain and nothing impacts the shipping options. In the case the retailers do not provide two day or overnight shipping the shoppers tend to deviate. This poses a lot of pressure on the retailers to offer solution to the last mile problem as sending the item buyer’s doorstep is a huge challenge. As a solution to this issue a lot of retailers are opting for the omni-channel shipping this means hip to the the store and in store pickup.
Transparency is hitting the logistic business in a big way. No customers want justification for every penny they spend. Even the definition of transparency is expanding. Consumers are now aware of issues such as salary of workers, their rights, environmental issues etc.
International regulations also have a huge impact on logistics. New policies have come up and they affect business positively in way to accelerate trade. Trade unions governing logistics have cropped everywhere. So, these are 5 big logistics trend of current year to hit the industry. Like it? Share it! |
