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Digital technologies are disrupting the logistics and supply chain industry and have become crucial for the established firms to embrace the change. Modern technologies, including access to real-time freight rates and choice of transportation, is a game-changer. The efficient execution of the supply chain can enhance the protection of freights for last-mile delivery. Digitization of logistics workflows can significantly increase operational efficiency, competitiveness, and visibility on asset management.

Emerging Technologies in Logistics & Their Potential Impact

Internet of Things (IoT)

  • Minimize security problems like theft and counterfeiting
  • Real-time visibility
  • Accurate monitoring of workflow and resources
  • New opportunities by analyzing buying patterns and behaviour
  • Saves time and costs
  • Managing resources for lowering losses


Automation

  • Improved organizational control
  • Reduce costly errors
  • Improved customer service
  • Increased speed and scalability
  • Real-time freight rates and choice of transport
  • Access to real-time freight traffic data


Blockchain

  • Easily monitor performance history
  • Improved quality assurance
  • Reduced operational costs
  • Detect fraud and prevent theft
  • The clarity in high-value asset management
  • Optimal data security with decentralization


Robotics

  • Increased automation level by 100%
  • Increased efficiency and productivity
  • Improved safety for employees who work in hazardous environments
  • Reduce risk rates, errors and re-work
  • Allows employees to focus on more strategic tasks that can’t be automated
  • Improved accuracy and speed of standard operations


Big Data analytics

  • End-to-end visibility for planning and scheduling
  • Increased efficiency in last-mile delivery
  • Protection of perishable goods
  • Efficient real-time execution of the supply chain
  • Improved demand planning and order optimization
  • Efficient inventory management and replenishment planning


Cloud solutions

  • Reduced IT infrastructure costs
  • Improved levels of communication
  • Better utilization of resources
  • Rapid scalability and growth
  • Accurate real-time freight pricing data
  • Better quality evaluation
Digital Transformation in Logistics: Transporting Change