Living in a hyper-connected logistics industry, it is hard to ascertain the types of new technological advancements that will take place to reduce the cost and time of big business houses. In this modern era where every role and functions are transferring from humanoids to robots, a third-party logistics company will have to start working on these aspects to gain the productivity.
With the growth in the logistics landscape, there are few technologies that are likely to impact the industry in some way or another. Take a look at the below-mentioned advancements that are likely to star in near future.
- Over 90 percent of third-party logistics companies believe that the keys to success are communication, flexibility and openness.
- Third-party logistics companies have a vast resource network that allows them to execute each step in the supply chain in an efficient and cost-effective way.
More Use of RFID, AIDC, and Internet of Things
(AIDC) Automatic identification and data capture images, sounds or videos to read the items or objects. With this up gradation, it is easy to know real-time location of consignments, estimated time for the delivery or reasons for delayed shipment.
(RFID) Radio- Frequency Identification uses an electromagnetic field to identify or locate the ships with items. This method can easily fetch information or details about each and every transaction_ Internet of Things (IoT) is a network of physical devices that are embedded with sensors which enable easy fetch or exchange of data of devices. The above advancements will help to reduce the downtime by enhancing the workflow of shipment to meet the customer’s, and provider’s demand.
Acceptance of Bluetooth
With non-data -driven (Without intemet packs or data) approach by third-party logistics company it will be easy to identify the real-time information of any transaction or activity taking place.
This technique is not only effective but less laborious as well. It can help to identify the shipments or consignments taking place to meet the requirements of customers duly.
Emergence of the E-Commerce and Omni Channel Solutions
The demand for strong online presence will also grow in this industry. A top logistics company will have to work on more of strategies that can satisfy the consumer online. From Omni- channel the focus will be laid upon the value of product or service not just only on the end products.
Currently, cloud-based platforms are the base for building customer’s interaction with businesses, in future more effective ways will be seen to have a strong connection with the potential users. Thus, businesses are required to focus on their online presence as well to gain the acceptance of the people.
From REID enabled technology to growth of Omni channel measures, the improvement and growth will continue to cultivate or change in this industry. A top logistics company will have to focus on these imperative shifts to observe the needs of clients and respond back constructively.